Since ABC Singapore Branch took the lead in setting-up cross-border settlement services in 2011, the business volume has increased year-on-year. As we continue to achieve even larger volumes, the workload on operations has increased proportionately. As such, the need to optimize processes; to better serve the bank’s objectives, and to improve the level of automation is crucial in supporting current and future business development.

Recently, ABC Singapore Branch has established an exclusive real-time FX pricing platform with our first deal successfully dealt with Guangdong Branch. The combination of a clear, transparent pricing, continuous price update, and one-click dealing has strengthen our capabilities to serve our customers’ needs better. Besides enhancing efficiency and optimizing the business process, the E-platform also compliments the goal of developing cross border FX into a 24 hours continuous business within the ABC Group.