has appointed Arthur Vonchek as its new chief executive. The appointment takes effect from July 1st. This follows the resignation of Barry Morse in March of this year.

It is seven years since Barry Morse first became involved with the Bolero concept for removing the paperwork in international trade. Since then has moved from concept to robust business solution under his leadership, says the organisation. He will provide continuity to by remaining on the board as a non-executive director.

Nicholas Barber, chairman of, says: “Now is a good moment for a change at the top and Arthur Vonchek is a great catch for We are delighted to have found someone of Arthur’s calibre and long experience in developing businesses and helping customers with cost-effective solutions to their supply chain needs.”

Vonchek brings many years of experience in e-commerce, especially in international supply chain management. He started Manugistics’ non-US activities in 1989 and as senior vice-president of its Europe , Middle East & Africa operations developing growth to US$60mn revenues and 250 staff. In 2000 he joined Spaceworks and is currently a senior vice-president and member of the executive committee at BroadVision. BroadVision is the world’s leading provider of multi-constituent portal software for Fortune 1,000 and other high-growth organisations across multiple industries serving nearly 60mn users worldwide.

Vonchek comments: “I am delighted to be joining at this time. For more than 15 years I have been applying technology solutions within companies to create value and to reduce cost, time and complexity in the extended financial and logistic supply chains. The solution has the potential to contribute substantially to these goals on a worldwide basis and to become an essential component in the management of future international trade. I am very much looking forward to working with the strong team at, and to building on the successes already achieved.” is a global initiative backed by the worlds banks and logistics companies to move trade onto the Internet. The system provides secure electronic transmission of business data and documents along the entire trade chain from front end order processing and management to backend trade document exchange. The solution delivers online reconciliation of trade data enhancing importer and exporter process flows and simplifying trade credit and risk services provided by banks. The majority of the world’s major banks, container shipping companies, and many leading multinationals are members of the community. The company’s website can be found at