Misys International Banking Systems has announced that UCO Bank Singapore has gone live with its Trade Innovation trade finance solution. UCO Bank went live in a record timeframe of just five months on all products including import and export letters of credit, inward and outward collections, standby letters of credit, guarantees and bills financing.
Among the other customer sites to go live on Trade Innovation during October alone were ABC Bank in New York, Bank of Baroda in London and Chang Hwa Bank in New York. As a result, Misys now has some 75 individual banks and 100 customer sites live using Trade Innovation in some 37 countries around the world.
“Thanks to the dedication and hard work of the joint implementation teams from both UCO Bank and Misys in Singapore, we successfully implemented Trade Innovation in a record timeframe and went live on