Press Release: Bank of Ireland Pivots to Surecomp’s Trade Finance-as-a-Service to Fuel Innovation and Customer Experience

Toronto, Canada – 11 March 2025 – Surecomp announced that Bank of Ireland, the country’s leading financial institution, has chosen to deploy its DOKA-NG™ platform as a SaaS solution to streamline back-office trade finance operational efficiency. This collaboration reflects an ongoing strategic commitment by the bank to embrace innovation and deliver a superior customer experience (CX).

In its pursuit of operational excellence and continuous innovation, Bank of Ireland has selected Surecomp’s Trade Finance-as-a-Service (TFaaS) to access industry-leading technology on demand, with the benefits of rapid deployment, automatic updates and little to no reliance on IT resources. The cloud-based platform will empower Bank of Ireland to efficiently manage its internal trade finance processes with agility and scalability, driving greater efficiency, transparency and customer responsiveness.

Commenting on the partnership, Owen Neary, Head of Trade Finance at Bank of Ireland stated, “Customer-centricity sits firmly at the center of our decision to pivot to a SaaS trade finance solution. By working with Surecomp and leveraging its innovative technology as a dedicated digital trade finance provider, we are well-positioned to lead the way in both customer experience and trade finance efficiency. We look forward to unlocking new levels of operational agility but ultimately to driving greater value to our customers.”

“TFaaS represents a paradigm shift in the trade finance industry, offering numerous advantages over traditional on-premises software solutions,” explains Tal Weiser, Surecomp’s Chief Revenue Officer. “Unlike the legacy system that Bank of Ireland was previously using, DOKA-NG™ as a SaaS solution eliminates the need for costly infrastructure investments and time-consuming maintenance. It will enable the bank to adapt more quickly to changing market dynamics and regulatory requirements, offer faster turnaround times, improve accuracy, and greater visibility into transactions, thus enhancing customer satisfaction and loyalty. We are delighted to support them in this next phase of their digital transformation.”

About Bank of Ireland
Bank of Ireland is a leading financial institution in Ireland, providing a wide range of banking and financial services to individuals, businesses, and corporates. With a rich heritage spanning centuries, Bank of Ireland is committed to innovation, excellence, and customer-centricity. For more information visit www.bankofireland.com.

About Surecomp
Surecomp® is the market-leading provider of digital trade and supply chain finance solutions for corporates and financial institutions. An industry pioneer for nearly forty years, we enable seamless, sustainable trade by breaking down barriers and fostering collaboration. Our award-winning portfolio of cloud and on-premises solutions streamlines the trade finance lifecycle for frictionless transaction processing, enhanced risk mitigation, compliance, decision support and growth. Underpinned by numerous global offices and an extensive partner network, our prestigious customer footprint spans over eighty countries across the world. For more information visit surecomp.com.