Trade finance news

MIT announces new J2E software launch

Last Updated March 30, 2010

Micro Informatique and Technologies (MIT), Lausanne will launch new J2E risk-tracking browser-based software in May.

The software, called Trade Risk Active Control (TRAC), is a front-office application designed for trade commodity finance managers, credit risk managers and top managers who want to track and monitor their risks appropriately, with the aim to replace commonly-used Microsoft Excel software.

Paul Cohen Dumani, general manager at MIT says: “It’s an important milestone for our company; trade commodity finance automation is an issue that has never been really addressed by software vendors until now.”



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