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News 2008

Shanghai Pudong Development Bank Launches Integration Project using Eximbills Enterprise

29 July, 2008. China Systems, leading trade services solutions vendor, announced today the kickoff of Shanghai Pudong Development Bank’s (SPDB) Integration project, which will merge the bank’s offshore banking system with their local processing center system, into a single Eximbills Enterprise based solution.

Eximbills Enterprise ™ is an established global standard 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 Open Account, Supply Chain Finance, Factoring and Payments operations, aside from covering the full range of traditional Import and Export Trade Services.

Through Eximbills Enterprise, this integration project aims to extend the reach of SPDB’s processing center solution to include their offshore trade finance operations in a secure, stable and efficient way.

The project will be another milestone in SPDB and China Systems’ long standing business relationship.

About Shanghai Pudong Development Bank

Shanghai Pudong Development Bank (SPDB) was incorporated in January 9,1993 with the approval of the People's Bank of China. SPDB is a joint-stock commercial bank with headquarters located in Shanghai.

SPDB's objective is to provide services to support the development of Pudong, allowing Shanghai to be a leading international economic, financial and trade center, thereby contributing to the national economic development and social progress in the shortest possible time.

Shanghai Pudong Development Bank has a network of 24 branches in large cities and a total of 408 business network sites.

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.

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