September 2017

Dear MIT readers,

MIT is pleased to announce that OCBC, the strongest Bank in Asia, has successfully rolled out the TRAC system, which is now being used by Commodity Trade Finance teams in Singapore and Hong Kong.

The contract was signed last year (cf MIT secures major contract in Singapore), and the goal was to implement the system within a year. The deadline was met with a first go-live of TRAC taking place last quarter of 2016; a second phase was recently completed, which saw the successful roll-out of a latest version completely integrated to the Bank's infrastructure.

Your MIT Sales team