Case Study: DBS Bank centralizes trade finance operations with Surecomp IMEX

IMEX takes center stage for DBS

DBS Bank, the largest bank in Singapore, sought to centralize its Trade Finance operations to increase efficiency and reduce costs. Following a rigorous evaluation, the bank selected vendor Surecomp and its IMEX Trade Finance Banking System to be the technological foundation for this restructuring and regionalization initiative.

Surecomp implemented its IMEX system in stages across DBS's key facilities in Hong Kong and Singapore. The online, real-time system successfully provided the core Trade Finance functionality required, enabling the creation of a regional processing center. The solution not only met its original goals but also proved to be of strategic importance, giving DBS greater insight for future development and solidifying a strong, lasting partnership with Surecomp.

DBS Bank

David Faulkner

Managing Director of Transaction Services