Clace 2013 Panama

The 29th Clace Conference was held this year from June 9th and June 11th at the Sheraton Hotel in Panama and PSI was there exhibiting and promoting its SYNERGY solutions.

This event is the most important of its kind in the region, gathering high-level bank executives in charge of Foreign Trade and Correspondent Banking at the institutions affiliated to the Latin American Federation of Banks (FELABAN) and to the financial sector of Latin America.

Among the most relevant discussions were: Overviews of Fraudulent Documents In Letters of Credit and how technology can prevent them; Introduction to The BPO As An Alternative Payment Method and The Impact of the New US Regulations (Fatca, Dodd-Frank) on Foreign Trade Financing.

Marcela Menchero was PSI’s representative at the show and was demonstrating how SYNERGY’s Trade Services Back Office product is ready to solve the Bank’s needs, and how the Trade Services Corporate product goes beyond traditional solutions and can give banks offering it to their corporate customer base a huge advantage.