September, 2008. China Systems, the world’s leading trade services solutions vendor, has recently signed Standard Bank, one of South Africa’s biggest financial groups, for use of its SOA compliant, J2EE-based Trade Services 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 Open Account, Supply Chain Finance, Factoring and Payments operations, aside from covering the full range of traditional Import and Export Trade Services
Standard Bank will deploy the platform on a global scale, automating traditional trade finance and supply chain financing business functions under a contract that will see the project implemented jointly with China Systems and Standard Bank staff.
Eximbills Enterprise and China Systems’ corporate front end solution Customer Enterprise will be fully integrated with Standard Bank’s existing infrastructure, providing the bank with a highly competitive solution which is compliant with all the latest developments in the Trade Services area.
Ease of use and advanced configurability of Eximbills Enterprise and Customer Enterprise will allow Standard Bank to adapt to the rapid changes that are taking place especially in open account trade processing.
Standard Bank joins a group of world class financial organisations that have selected Eximbills Enterprise for their core trade finance processing requirements.
About Standard Bank
Standard Bank is a South African-based financial services company with a global presence. They operate from 18 countries in Africa and 20 on other continents, including the key financial centres of Europe, the Americas and Asia
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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