STEELDEX AND TRUSTED TRADE CO-OPERATE IN STEEL E-COMMERCE.
Cologne, Germany- SteelDex, the independent electronic market place for steel, and TRUSTED TRADE, the insurer of electronic trading and subsidiary of Gerling Speziale Kreditversicherungs-AG, signed a co-operation agreement for the SteelDex trading platform
Security and speed in one: SteelDex AG and TRUSTED TRADE GmbH, both based in Cologne, announced their co-operation. On the SteelDex trading platform (www.SteelDex.com) new markets for steel can be opened up, and access to new customers and suppliers can be found - the security is taken care of. TRUSTED TRADE will shortly offer in real-time on the SteelDex Web site amongst others an online credit insurance, an important component of the international steel trade. This check will be integrated in the SteelDex business process. The electronic link to the market place, automatic database and processes guarantee the security of payment, which has until now proved an obstacle for many online trading platforms.
Dr. E. Moritz Spilker, chief executive of SteelDex AG: "Since the launch of the SteelDex platform, we have only given registered members access to the direct trade in steel. With TRUSTED TRADE as partners we can further increase our high security standard. Our co-operation couples the speed and internationality of the SteelDex steel trade with the security of the Gerling credit insurance group."
Dr. Stefan Kutz, managing director of TRUSTED TRADE GmbH said: "We are pleased about the co-operation and to be able to demonstrate our know-how. Assisting companies in both the steel producing industry and the trade of steel and steel products has always been an important core area of the Gerling credit insurance group."
SteelDex (www.SteelDex.com) is the independent European market place for the entire spectrum of steel products. The registered members on the trading platform are able to reach more customers directly and cost effectively over the Internet, and at the same time reduce their administrative load. SteelDex was founded at the end of 1999 and was registered under German law as a joint stock company in April 2000. A European distribution network is currently being set up.
About TRUSTED TRADE
TRUSTED TRADE GmbH ensures security and therefore speed in e-commerce. The 100 percent subsidiary of Gerling Speziale Kreditversicherungs-AG makes electronic trading in B2B secure through a comprehensive offer. Electronic platforms and their participants are certified according to quality criteria. First, the creditworthiness of the buyer is checked in real-time. In addition to transport insurance, TRUSTED TRADE also offers the buyer a guarantee against non-delivery (performance bond).
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