Source: China Systems
China Systems, a trade services vendor, announced that İşbank, the largest bank in Turkey, has signed a purchasing agreement for its J2EE trade finance solution Eximbills Enterprise and customer front end Portal solution Customer Enterprise.
Eximbills Enterprise is a solution 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.
"İşbank decided to use Eximbills Enterprise (EE) because we were convinced that EE will be the best tool for the execution of robust trade processes that we have been re-engineering within the framework of our ongoing Customer Centric Transformation Project," said İşbank's Yeliz Adıbelli, Assistant Manager. EE also supports our Business Model and suits our Enterprise Architecture which also provides large scales of flexibility by the China Systems Toolkit."
"China Systems is very excited to add İşbank to our European customer list, Turkey is a new market for China Systems and İşbank's dominant market position makes this an exciting and challenging partnership," said Angus Sutherland, Regional Sales Director for China Systems in Europe. "This will be an excellent example of our fully integrated back and front office portal solutions covering not only Trade but Open Account and Payments operations as well."
Separately, China Systems, world leader in the trade services solutions industry, announced that Zürcher Kantonalbank (ZKB), the third largest bank in Switzerland, has signed a purchasing agreement for its J2EE trade finance solution Eximbills Enterprise.
Eximbills Enterprise is a solution designed to meet banks' 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, stated: "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."