Siam Commercial signs to ActiveBank.net

Thailand's Siam Commercial Bank (SCB) has adopted UK-based Financial Objects' ActiveBank.net system to support its treasury operations in Singapore and Hong Kong, and its offshore loan business in Bangkok.

The system is designed to handle risk management as well as international treasury, said Maleerat Plumchitchom, executive president at Siam Commerical.

Previously, SCB used Financial Objects' Ibis system but migrated to the internet-enabled service to tighten control over treasury functions and provide its clients with access to a wider range of products through the internet.

"We needed to upgrade our Ibis AS/400 technology to a Windows-based system. We have tried and tested Financial Objects' Ibis for seven years and are happy with both the product and the level of service,” Plumchitchom added.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here