World Trade Platform bolero.net Adds Technology Partners

[London, ENGLAND] World trade platform
bolero.net
announced Friday that four more companies have
joined its partner program, aimed at extending
the secure trading facilities offered to users.

The four companies — CSI Complex Systems, E Net,
Level Next and Sopra — all provide software
services that will help companies connect to
the Bolero system and use it effectively.

CSI Complex Systems
develops trade finance solutions, and is best-known
for Banktrade, the market leader in trade finance
applications.

E Net, which
trades as Commerce 21 in the United States, develops
e-commerce and m-commerce solutions in multiple
languages and currencies.

Level Next has
deployed its banking systems at over 300 locations
on four continents.

Sopra, one
of the largest IT services firms in France, is engaged
on systems integration and software publishing, with
subsidiaries in Benelux, Switzerland, Germany, Italy
and the U.K.

Peter Scott, commercial director of bolero.net, said
the company was not intending to provide any financial or
logistics services itself, unlike existing proprietary
systems.

“Our aim is to link everyone involved in cross-border
trade which is why we have taken the route of maintaining
a global e-business infrastructure. This then acts as
a platform upon which accredited partners develop
products that meet specific trading needs,” said Scott.

As a result, explained Scott, there is a huge market
opportunity for technology companies to develop
what he called bolero.net-enabled products and for
consulting firms to advise companies on the best
way to implement the Bolero system.

The four new partners join existing members of the
program including Sun Microsystems, Daewoo Information
Systems, Silicon Crafts and GITI.

bolero.net intends to provide a trading environment
that will allow companies in different countries to
exchange trade documents and data electronically, using
a neutral and “legally certain” system.

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