Austin, TX (PRWEB) March 25, 2013
Trade Technologies, the global leader in international trade document solutions, announced today the opening of their new office in Singapore. Singapore is Trade Technologies’ second office in Asia and its thirteenth office worldwide.
Trade Technologies’ web-based platform and outsourced services provide exporters with accelerated receipt of international payments under letters of credit and other complex trade payment mechanisms. Trade Technologies’ patented Global Trade Management Platform automates the creation and electronic delivery of UCP 600 compliant letter of credit documents to the world’s largest global trade banks, eliminating discrepancies, lowering transaction costs and enhancing reporting for exporters.
“Singapore is an enormously important hub for our multinational export customers and international trade bank partners. Many of our existing 1200 customers already have their global treasury centers in Singapore. This concentration along with new customers recently added in 2012 in the chemicals, technologies and oilfield services industries made Singapore a perfect fit for Trade Technologies’ next office,” said Kirk Lundburg, President and CEO of Trade Technologies. “We have been in Hong Kong for almost 10 years and it is our largest operations office. Singapore is a natural extension of that solid base.”
Trade Technologies’ Operations office in Singapore will be managed by Caleb Chan, Director of Operations – Asia Pacific. Caleb is based in Hong Kong and has managed Trade Technologies’ operations in Asia since their opening in 2005. For complete contact information of the Singapore office, visit Trade Technologies’ website at http://tradetechnologies.com/company_contact.html.
About Trade Technologies
Founded in 1999, Trade Technologies (http://www.tradetechnologies.com) is the largest global provider of outsourced trade document services and software. From its 12 offices in Asia, Europe and North America, Trade Technologies provides leading exporters, freight forwarders and international trade banks with trade document solutions, training and consulting.
The company’s web-based Global Trade Management platform and outsourced services enable customers to streamline their operations, save money, accelerate payments, and eliminate discrepancies traditionally involved in international letter of credit, documentary collections and open account transactions. More than 1,200 exporters, global trade banks and freight forwarders depend on Trade Technologies’ services to process over $9 billion in international trade transactions each year. Trade Technologies was recently voted the “Best Trade Tech Solutions Company” in 2012 by readers of Trade Finance Magazine. In 2011, the company was awarded a patent on the Trade Technologies software platform and process, and won the Presidential “E” Award for Exports by the U.S. Department of Commerce, the highest recognition any U.S. entity may receive for supporting export growth.
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Media Contact, for Trade Technologies