CENTRAL TRUST OF CHINA ADDS TWENTY MORE

China Systems Taipei proudly announces the acquisition of additional user licenses for Central Trust of China (CTC).

The bank launched CS Eximbills version 3 back September 2002 with 55 workstations. Central Trust of China later upgraded their system to China Systems’ CS Eximbills version 4 and went live on May 2004. CTC then has added 20 more licenses with CS Eximbills Version 4.0. This new version works as an integrated system that automates and audits the complete cycle of trade finance transactions in real time. Moreover, this version has several new features, including a multi – branch capability. By introducing Citrix to combine with CS Eximbills version 4.0, CTC now runs on multi – branch and centralized controlled architecture. Citrix is an alliance partner of China Systems.

As for China Systems implementation, CTC is also considered a pilot site for CS Eximbills version 4. The entire bank has a total of 75 user license for their 19 branches in Taiwan.

The Central Trust of China (CTC) is a government-owned institution devoted to the implementation of government policy. It was established on October 1, 1935 with a capital of 10,000,000 Chinese dollars appropriated by the Central Bank of China, of which CTC was a subsidiary organ.

In the last few years, far reaching changes have swept across the domestic banking sector. Financial innovations have diminished the roles traditionally played by banks and personal finance has been transformed into a multi-facet business. With its wide-ranging services, CTC is in a right position to offer one-stop service to satisfy clients with various needs.

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