January 2010,

After an overview of different vendors in the market, Cornèr Banca SA has chosen CREDOC Windows as the software to support its Trade Finance operations, announces MIT (Micro Informatique & Technologies SA), Lausanne. The system will be interfaced with their core Banking system developed in-house, and their Swift solution Stelink from Sterci, an MIT official partner.

“I used to work with CREDOC in another Bank and I always appreciated the user-friedliness of the software” said the head of Trade Services at Cornèr Banca SA, adding that “the sytem supports all the financial intruments required for our developping Trade Finance business”.

“Cornèr Banca is a key banking player in the Ticino region”, declared Paul Cohen Dumani, MIT’s General Manager adding that “this new CREDOC implementation will reinforce our presence in Lugano since the Cornèr Banca will be our third operative site in the region”.

About Cornèr Banca SA (www.cornerbanca.com)

Cornèr Banca is a private, independent Swiss bank established in 1952 with headquarters in Lugano. Traditionnaly specialists in Private banking, in lending and credit cards, the Bank also provides its Customers with a whole range of traditional banking products and services including Trade Finance. The Bank has operating branches in Lugano, Locarno, Lausanne, and Zurich, with affiliates in Luxembourg and the Bahamas.