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