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NTT DATA Getronics Corporation

NTT DATA Getronics and Premium Technology Work in Collaboration to Promote Supply Chain Finance Solution "FinShare" Sales

-For the expansion of the financial transaction services-

Press Releases

November 13, 2015
NTT DATA Getronics Corporation
Premium Technology Incorporated

Tokyo, Japan and NY, U.S.A. -- October 22, 2015 -- NTT DATA Getronics Corporation, a well-known payments and ICT provider, and Premium Technology Incorporated, an expert in offering supply chain finance technology solutions, today agreed a strategic collaboration promoting sales of Premium Technology's FinShare product in Japan.

Background

Financial institutions promoting global businesses are required to build payment systems that are flexible to meet the needs of corporations expanding their businesses overseas. Especially in the ASIA region, where jurisdictions and business practices vary, systemizing supply chain finance requires complex and high-level expertise. NTT DATA Getronics's mission is to provide customers integrated solutions rich in functionality and highly flexible with speed and stability.
Premium Technology is a technology solutions vendor specializing in supply chain finance. Premium Technology's FinShare can provide a full lineup of supply chain finance services. By this Collaboration, NTT DATA Getronics can provide integrated solutions by combining NTT DATA Getronics's transaction banking solution with Premium Technology's FinShare products.

By combining NTT DATA Getronics's well-proven transaction banking solution with Premium Technology's prominent supply chain finance solution, NTT DATA Getronics can meet customer needs.

From left: CEO and President of Premium Technology Incorporated, Kenny Leung
President & Chief Executive Officer of NTT DATA Getronics, Masatoshi Maekawa

Product Overview

FinShare provides various functions to global player financial institutions (FIs). One product in particular, Supplier Finance, is one of the main features of FinShare which have been implemented in FIs based in North America, Europe, APAC the Middle East, and Australia (as of 2007) to provide services across the globe.

<Major Features>

  • Purchase Order Financing
  • Supplier Financing
  • Receivables Financing
  • Asset Based Lending
  • Factoring
  • Risk Participation
  • Bank Payment Obligation
  • Document Preparation

Comments from Masatoshi Maekawa, President & Chief Executive Officer of NTT DATA Getronics

This collaboration with Premium Technology will be truly beneficial for NTT DATA Getronics since our business focuses on providing transaction banking services to FIs. Premium Technology's FinShare will be the optimum product for our customers to promote their supply chain finance globally. By enhancing our global transaction banking platform solution FMB7.0 with Premium Technology's FinShare, we will be able to achieve advanced cross-border transaction settlement and will contribute to global transaction services in the financial industry.


Comments from Kenny Leung, CEO and President of Premium Technology Incorporated

Premium Technology is pleased to announce our collaboration with NTT DATA Getronics.
We look forward to our global collaboration and expanding our business opportunities in the Japanese market.
We are now working together to implement a project with a major Japanese bank, which will be shortly announced. We have complementary skills and capabilities. With this collaboration, we will be able to provide services in Japan and the ASIA better than by providing services individually. We look forward to working together.


About NTT DATA Getronics Corporation
NTT DATA Getronics, a subsidiary of NTT DATA, offers IT solutions to FIs and corporations, and provides specialized expertise as SWIFT Certified Specialists in Alliance Gateway and Alliance Access. It is a CLS Registered Plus vendor. With more than 50 years of engagement in the financial IT sector, NTT DATA Getronics provides a comprehensive range of professional services, including business & IT consulting, procurement, system integration, package implementation, application development, and maintenance and technical support.

About Premium Technology Incorporated
Premium Technology Incorporated was founded in 2001. Since the launch of FinShare in 2004, its primary focus has been on providing supply chain finance technology solutions to the global banking community. In addition to the company headquarters in New York, there are locations are in China and Hong Kong to support global customers. Premium Technology is also an active member/partner with multiple industry organizations including SWIFT, BAFT-IFSA, Asian Bankers Association (ABA), and Commercial Finance Association (CFA).

Related Information


* Product names, company names, and group names are trademarks or registered trademarks of their respective companies.

For more information, please contact

PR Contacts:

Yuko Kawakami
Public Relations Group
NTT DATA Getronics Corporation
Tel: +81 44-223-4911
E-mail:
Communications.jp@nttdata-getronics.co.jp


Premium Technology Incorporated
Delia Mo, Marketing Associate
Tel: +1 212-855-5511
E-mail: info@PremiumIT.com

Product & Service Contacts:

Katsumasa Iwama
Transaction Banking Solution Promotion Office
NTT DATA Getronics Corporation
Tel: +81 44-223-3753
E-mail:
Financial-Solutions@nttdata-getronics.co.jp


Premium Technology Incorporated
Delia Mo, Marketing Associate
Tel: +1 212-855-5511
E-mail: info@PremiumIT.com