Malaysia-based AmBank has improved its trade services capabilities with a new trade services system, provided by Misys International Systems, a global application software and services company.

According to Misys, this system is in line with AmBank’s current updating exercise for its trade capabilities with Misys providing the added edge of being able to cater to both conventional and Islamic trade services.

AmBank will now also benefit from a back-office trade services system, a big step ahead over the existing system in meeting the changing requirements of the market and handling the increasing business volumes and new products.

The new system, an integrated system known as Misys Trade Portal and Misys Trade Innovation, is expected to enable AmBank to enhance its offering of trade services to customers and provide them with real business benefits to help drive its business growth.

Andrew Kukielka, regional director for Asia-Pacific at Misys, said: We are delighted that AmBank has put its trust in us so that it can maximise its fee-based revenue in the current economic climate. Our market-leading solutions will enable AmBank to expand its trade services business to cater for increased volume, strengthen its position in the trade services industry and grow its customer base substantially.