INTEC and finect have entered into a capital and business alliance to integrate their respective strengths in service development, operations, and financial expertise. This partnership seeks to provide better solutions for corporate clients facing finance challenges.
With a 40-year legacy in building and providing EDI (Electronic Data Interchange) systems, INTEC serves a broad range of industries as a trusted EDI vendor. The company specializes in commercial EDI, particularly in order and receipt management between businesses, as well as logistics EDI.
finect, originally founded in 2019 as SXF Inc., is a wholly owned subsidiary of SIGMAXYZ Inc. (headquartered in Minato-ku, Tokyo; President and CEO: Hiroshi Ota). Established with the goal of offering diverse financial EDI services, finect has since been providing consulting and EDI solutions to financial institutions and private enterprises.
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Through this strategic partnership, INTEC’s advanced EDI services will be combined with finect’s financial expertise to deliver innovative solutions tailored to the evolving needs of businesses.
Key Aspects of the Alliance:
- Integration of INTEC’s EDI Services: finect will incorporate INTEC’s EDI and related solutions under its financial EDI service brand to offer enhanced services to private enterprises.
- Expansion into Data Analytics: The partnership will create new services. These include financial data analysis, payment data analysis, and logistics processing. They will also apply ISO 20022*1 standards.
- Financial Consulting Services: The two companies will team up to provide financial consulting solutions. They will use their combined expertise to benefit their clients.
This partnership shows INTEC and finect’s dedication to improving financial and EDI services. It offers more value to businesses in today’s digital economy.
