Assurance Software, a leading provider of comprehensive business continuity management and disaster recovery software and services, today announced that Anglo-Gulf Trade Bank has selected the company’s suite of business continuity applications to help ensure the resiliency for the newly formed banking enterprise.Anglo-Gulf Trade Bank was established as the world’s first digitally-enabled trade bank. The new bank will utilize leading-edge technologies to offer client-centric trade banking services to a broad range of corporate clients to dramatically reduce costs, risks and improve efficiencies in the financing of trade. Headquartered in the Abu Dhabi Global Market (ADGM) financial center with additional offices to follow, Anglo-Gulf Trade Bank will facilitate trade between the Middle East, Asia and the UK.
“We are honored to support Anglo-Gulf Trade Bank in their multi-national, industry-disruptive mission to simplify and improve the accessibility of trade banking services through collaborative technology, data and a growing ecosystem,” said Craig Potts, CEO of Assurance Software. “Ensuring business resiliency will be a key component of their success as they define a new model for global trade banking and we will serve as their go-to partner for all their business continuity needs”.
“Advanced technologies are the foundation for our ground-breaking approach to global trade banking,” said Bill Ashlock, Chief Technology Officer of Anglo-Gulf Trade Bank. “For anyone who has been through a business continuity event, technology plays a critical role in managing and mitigating the potential impact for our clients. With Assurance Software we found an innovative suite of software applications which provides the foundation for our business resiliency initiatives. We also found a partner that brings significant industry expertise and a demonstrated commitment to their customers’ success. This partnership will be one of the key contributors to the attainment of our goals as we launch in early 2019.”
About Anglo-Gulf Trade Bank
Anglo-Gulf Trade Bank was founded as a joint venture between AGTB Holdings Limited and Mubadala Investment Company. It offers the world’s first digital-only trade finance bank to encourage greater trade by companies, particularly in the Middle East, the United Kingdom and Asia. The company uses blockchain technology to offer clients full control over simple, streamlined and highly transparent processes, while analyzing data to mitigate risk effectively. Its approach will be to encourage collaboration across the trade ecosystem. For more information, visit https://agtb.com/.
Anglo-Gulf Trade Bank
Tel: +971 (0) 2417 5777
About Assurance Software
Business disruptors including cyber-attacks, natural disasters and supply chain breakdowns are now commonplace but it’s difficult to measure readiness and ensure effective response. Leveraging decades of experience helping thousands of organizations, we pair expert guidance with easy-to-use software to simplify preparation and ensure quick restoration of your critical operations. Assurance customers have confidence that their people, revenue and reputations are protected, without needless distractions from their core business.
Media Contact: Scot McLeod - Vice President, Marketing
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