Trade finance news

Bank of China adopts new J2EE trade solution

Last Updated June 06, 2008

The Bank of China (BOC) is in the process of integrating China System's J2EE-based trade solution Eximbills Enterprise into its other business processing systems.

BOC's licensing of Eximbills Enterprise is intended to meet with the bank’s centralised business processing requirements. The new international settlement and trade finance business processing system, known as GTS internally, will aim to improve efficiency, prompt risk control at management level and improve the bank’s overall service offering.

It is expected that the Eximbills Enterprise system will be fully integrated into BOC’s business processes by 2009.

BOC is one of four large state-owned commercial banks in China. It also is the country’s oldest bank, established in 1912.



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