Tech group CMC to run BIDV's Trade Finance software By Le Hoang Representatives of BIDV and Surecomp shake hands at a signing ceremony to kick off the BIDV Trade Finance software project on September 3 in Hanoi – PHOTO: CMC HCMC – CMC Technology Corporation announced today, September 4, that it will operate and provide first-line support for the Trade Finance software recently installed at the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) once it is put into service. Earlier, BIDV and Surecomp, global leading providers of trade finance solutions for banks and corporate clients, signed a contract and kicked off plans to procure and apply Trade Finance software at the bank on September 3 in Hanoi. CMC serves as a Surecomp subcontractor in applying trade finance solutions at BIDV. The software will enable the bank to offer quick responses to meet clients' demand for trade finance services and improve the bank's competitive edge in quickly developing modern trade finance products. The BIDV Trade Finance and corebanking software are the bank's two largest projects, requiring approval from the State Bank of Vietnam before launch, according to Tran Phuong, vice general director of BIDV and head of… Read full this story
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