CORRTEC’S HISTORY

1980’s and early 90’s

• Developed financial institution (FI) software solutions while working with major international FIs and FI software solution companies

1994 to 1999

• Development partners of software company Visual WEB Solutions
• Developed the Nostro Reconciliation System
• Developed the desktop version of Export Bills Proceeds Collections System
• Developed the desktop version of Global Counter Party and Country Risk Management System
• Incorporated in the USA as CorrTec LLC

2000 to 2020

• Developed the web-based Export Bills Proceeds Collections System
• Developed the web-based Global Counter Party and Country Risk Management System
• Developed the web-based Reimbursement Authorization System for Global FIs / Counter Parties
• Developed the Loan Management Suite
  • Loan Origination
  • Loan Documentation
  • Loan / Collateral Management)
• Developed the Business Intelligence Dashboard Reporting module
• Customized and implemented the Global Counter Party and Country Risk Management System for various client banks

2021 and onwards

• Re-developing the Trade Asset Risk Management Solution using Open Source – Java Based Technology