| August 2008. China Systems, world leader in the trade services solutions industry, announced that Zürcher Kantonalbank (ZKB), the third largest bank in Switzerland, have signed a purchasing agreement for their J2EE trade finance solution Eximbills Enterprise.
Eximbills Enterprise ™ is an established global standard installed by many international banks to meet their trade services processing requirements. It combines a Rapid Application Development toolkit with a flexible base business model, providing support for Traditional Trade, Open Account, Supply Chain Finance, and Payments operations.
ZKB’s Kurt Kälin, Responsible Process and Program Office Loans & Credits, declared in his statement, “ZKB decided to use Eximbills Enterprise because we were convinced in the proof of concept, that this solution achieves our current and future business objectives by offering the combination of a solid business model and flexible toolkit built on a future-proof technology. This solution is already used in many banks and offers a high level of mature functionality to operate in the Trade business."
"China Systems is extremely proud to add the AAA-rated ZKB to our rapidly expanding list of European customers - this highlights Eximbills’ powerful combination of proven maturity and flexibility,” said Angus Sutherland, Regional Sales Director for China Systems. “Our company looks forward to delivering a solution that will maintain ZKB’s powerful market position and high levels of customer satisfaction whilst adapting to new trends in the market.”
About ZKB
ZKB is the largest cantonal bank and the leading financial services provider in the greater Zurich area, with overall assets of over CHF 100 billion, and has both an S&P and Moody's 'AAA' Rating. ZKB offers a comprehensive range of financial services to clients from private, public and corporate sectors. ZKB maintains the densest network of branches in the canton of Zurich with its 104 outlets. About China Systems
Established in 1983, China Systems is today's largest trade services solutions vendor in the world, with offices throughout Europe, North America, Asia, and the Middle East. Eximbills, our world-renowned back office trade finance system and China Systems' flagship product, is used by more than 250 customers in more than 75 countries worldwide.
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