First Hawaiian Bank has licensed Misys Wholesale Banking Systems' Trade Innovation product to manage its trade finance operations in Honolulu.
Misys says its Trade Innovation package supports a range of trade finance products and provides streamlined processing, cost reduction and improved customer service.
Richard Chun-Hoon, vice president and manager, First Hawaiian Bank, says: "The product's comprehensive functionality will allow us to fulfill our main objectives of managing our risk, streamlining processes and offering improved levels of service to our customers."
The trade finance software is also used by First Hawaiian's sister company, Bank of the West.