Beijing-based China Minsheng Banking Corporation (CMBC) has selected a straight-through processing end-to-end trade finance solution from Surecomp (Hoboken, N.J.) to automate its trade service operations.
CMBC is one of China's largest banks, with more than 300 branches and a workforce of 14,000 people. The bank operates in the commercial, corporate, investment, mortgage, private, retail and wholesale banking spaces.
Surecomp's integrated end-to-end trade finance solution includes front-end and back-office systems. The firm offers several back-office trade finance systems, each targeted for different levels of usage, geographical location and IT infrastructure.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio