Case Study: Absa Group drives pan-African trade finance digitization with Surecomp

Absa group drives digital transformation through pan-African rollout of trade finance technology

Absa Group, a major African banking group, was seeing strong double-digit growth in trade finance across South Africa and key markets such as Ghana, Kenya, Uganda, Mauritius, and Tanzania. To keep up with rising demand, improve operational efficiency, reduce risk, and replace manual processing, Absa chose Surecomp and its IMEX trade finance platform to support a pan-African digital transformation across multiple markets.

Surecomp worked with Absa Group to roll out IMEX in stages across ten countries, consolidating multiple legacy back-office systems onto one integrated platform and enabling a more consistent client experience. The migration to IMEX 8 has been progressing smoothly, with remaining entities expected to be live by the end of 2020, and the collaboration has positioned Absa for future innovation with APIs, AI, machine learning, and a broader digital trade finance ecosystem.

Absa Group

Michelle Knowles

Head of Trade Finance Product