| Welcome Guest | English▼ |
 |
|
 |
Banking Solutions > Trade Finance |
In recent years, the trade finance industry has been developing online platform for customers rapidly, making use of the latest Internet technology to provide more efficient and convenient service to its customers.
Since trade finance industry practitioners, including importers, exporters, banks and credit agencies, reinsurers are increasingly being presented with electronic documents, online trade services platforms have significantly reduced their administrative burdens, lowered their cost and vastly reduce credit risk and discrepancy rates of letters of credit and other secured types of trade payment. Export Credit Agencies have shown a fast pace on implementatiing online service, which offers a faster and better client service quality, and improves the productivity gain for insurers, particularly those writing short-term business. The trend of this business reengineering is to build a highly efficient, scalable and flexible information exchange and process workflow across Letter of Authority Banks, Credit Rating Agencies, Credit Report Agencies, Debt Collectors, Insurers and Reinsurers. This business reengineering process does not only drive the transformation of the business of Export Credit Agencies, but also that of the entire Trade Finance industry, in which the technology is definitely the future of it. Since 2000, Axisoft has been providing Trade Finance solution consulting and implementation service to Export Credit Agencies in this region. Since then, we have successfully implemented e-Commerce systems covering front-to-back operation of Export Credit Agencies, and our service has received high commendation from our clients. Solutions Corner
|
Axisoft CEO, George Ong, was invited to present the trend of e-Commerce of Export Credit Agency in Berne Union Committee Meetings 2006. |
Axisoft has successfully deployed an Export Credit Agency e-Commerce platform that manages the claims of maximum HKD 10 Billion for HKECIC. |