May 2009. China Systems, the world’s leading trade services solutions vendor, has recently signed British Arab Commercial Bank (BACB), one of China Systems’ longest running customers, for use of its SOA compliant, J2EE-based Corporate Portal Trade Finance solution Customer Enterprise.

Customer Enterprise ™ is an established global standard installed by many international banks to meet their Corporate Portal / Internet 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.

BACB already uses CS Eximbills for back office Trade Finance processing and Customer Enterprise will be seamlessly integrated with the bank’s existing platform, providing the bank with a highly competitive solution that is compliant with all the latest developments in the Trade Services area.

Angus Sutherland, Regional Sales Director for China Systems in Europe, said, “We are delighted to strengthen our position with one of our oldest and most valued clients. BACB and China Systems have enjoyed a true ‘partnership’ approach over many years and we look forward to delivering a highly flexible solution to their unique market requirements. China Systems enjoys a loyal customer base and nothing exemplifies this more than our relationship with BACB.”

Rollo Greenfield, COO for BACB, said “IT suppliers have invested a great deal in improving their trade offerings since we first joined up with China Systems some 20 years ago, but China Systems was again the logical choice given our need to bespoke our application to meet the needs of all client types across a diverse set of geographies. We are confident that they can deliver and then support a solution that facilitates the needs of our customers at a time of rapid change in many of the markets we serve.”

About BACB

Established in London in June 1972, BACB is a wholesale bank and a leading provider of trade and project finance for Arab and African markets.

Based in the City of London, the bank’s largest single shareholder is HSBC Bank Middle East, a principal member of the HSBC Group. BACB’s other shareholders comprise central and state-owned commercial banks from the Arab world.

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.