Surecomp adds Windward to its FinTech community Marketplace

By Pavithra R

Surecomp, a provider of global trade finance and treasury solutions for banks and corporations, announced the addition of a new FinTech partner Windward, a leading fintech provider of maritime predictive intelligence for trade, finance and compliance, to its Marketplace platform.

Founded in 2010, Windward’s Predictive Intelligence solution fuses big data, AI, and maritime expertise to enable clients & partners to understand the maritime ecosystem and its broader impact on security, finance, and business.

The web-based Marketplace platform is one of Surecomp’s flagship digitization initiatives and provides single-point access to numerous innovative applications within the broader trade finance ecosystem to help promote the use of open banking and enable its customers to offer a broader service to the market. Through Marketplace, banks can expand their digital offering to include AI-led process automation and credit scoring for effective risk mitigation.

Surecomp Marketplace customers can benefit from Windward to enhance their capabilities with regards to mitigating risk whilst enhancing operational performance for transaction screening, investigating and auditing, relating to the 90% of global trade which touches the ocean.

“Risk-based compliance is of ever-increasing importance in the financial sector, requiring the industry to know everyone involved in a transaction that may trigger sanctions. Therefore, implementing new digital solutions is key. The integration of Windward predictive intelligence into Surecomp’s fintech Marketplace will provide customers with the leading technological AI-driven solution to improve business operations, mitigate risk and employ forward-thinking business practices,” said Issey Ende, VP Sales, Windward. 

Windward is a critical addition to the digital evolution of trade finance processing. The company provides Know Your Vessel (KYV) and sanction screening to understand which entities are safe for business, advanced artificial intelligence combined with scientific data to predict behavior patterns and trends, and risk mitigation and reporting for compliance.

“Our Marketplace community is growing from strength to strength. We are so excited to announce the addition of Windward, which is truly next-generation maritime technology that adds critical value and should be accessible to everyone in the world of global trade,” said Tsafrir Attar, Surecomp’s VP of Digitisation.

Recently, Surecomp added CRiskCo & EasySend to its FinTech community Marketplace.

Established since 1987, Surecomp is a global provider of trade finance solutions for banks and multinational corporations. Its integrated portfolio of trade finance, supply chain finance, and treasury solutions streamlines the transaction lifecycle to increase efficiencies and maximize profits.