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News 2006

SWIFT AWARDS GOLD LABEL 2006 TO CHINASYSTEMS

March 2006.  China Systems Corporation, the leading provider of trade finance solutions, has recently been awarded the "SWIFT Ready Gold" label by S.W.I.F.T. for 2006. 

S.W.I.F.T. consistently delivers quantifiable business value and proven technical excellence to its members through its comprehensive, reliable and secured messaging platform in delivering straight through processing.  The S.W.I.F.T. labeling certification is based on a tightly defined set of detailed cri teri a.  As the highest level of achievement, the "Gold" label rewards applications for full compliance, including the implementation of the new S.W.I.F.T. standards and services.

As the highest accreditation given once more to China Systems, the Gold label award demonstrates that Eximbills is fully compliant with S.W.I.F.T. standards, services, and applications in the management and straight-through processing of financial transactions while providing clients with faster and more reliable integration with the S.W.I.F.T. global network community.

China Systems' Eximbills is the industry standard trade finance back office system that automates the full range of trade finance activities from document preparation, calculation of commissions, foreign exchange to accounting, generation of S.W.I.F.T. messages as well as management reporting.

Eximbills is the only trade finance system that can be tailored to adapt to changing real-world requirements in any business or regulatory environment without the need for programming modifications.

About China Systems

China Systems was established in 1983 and is today's largest trade finance system vendor in the world, with offices throughout Europe , America , Asia , and Middle East .

Eximbills, our world-renowned back office trade finance system and China Systems' flagship product, is used by more than 200 customers in over 600 installations in more than 75 countries worldwide.

For more information on our products and services, please visit us at www.chinasystems.com .

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