NEW YORK, May 9 /PRNewswire/Asianet/-- The leading US trade finance software firm, CSI Complex Systems Inc, recognizing the dramatic shift of trade to Southeast Asia, has located its user conference in Bangkok, May 13 to May l5, at the Shangri-La Hotel.
"Without question the next century belongs to Asia," stated CSI President Gad Janay. "The people of Asia have a deep and ancient culture that gives them the strength, will and wisdom to shape a common future. They have seized the tools that the West forged in the 20th century and are using them to create the miracles of the next," continued Janay.
CSI has for 18 years pioneered powerful computer systems to manage international trade finance. A few years ago 80% of CSI's business was with US banks; now it is only 60%, with Southeast Asian banks taking the lead in new business.
Explaining the need for increasingly sophisticated computer systems to manage the exploding double digit trading in Thailand will be keynote speaker Dr. Chotovid of the Bangkok Bank.
In order to support its growing list of local clients, CSI has established an office in Bangkok headed by Thai-speaking director, George Marsden. Marsden has staffed his office with Thai systems engineers and credits Thailand's superb educational system for their high skills level. "Thai systems analysts have the ability to translate traditional Thai methods of doing business into the state-of-the-technology systems that CSI has developed for some of the largest trading banks in the U.S. and Europe," explained Marsden.
A series of sophisticated automated tools will be introduced. In addition to highlighting enhancements and upgrades to its flagship trade finance product, BANKTRADE, CSI will unveil a new, inexpensive and extremely versatile software tool for capturing and manipulating data locked in user friendly formats in massive mainframe databases. Called ResQ for its ability to "rescue" data and make it available in Windows on a PC, the new program is an answer to a need voiced by CSI's more than 100 bank customers.
CSI will also announce its newly introduced Customer Bridge for Windows product line -- the first suite of PC-Windows-based products designed to create a seamless electronic environment for international trade participants and their financial institutions. The line includes IMPORT Customer Bridge, EXPORT Customer Bridge, FUNDS TRANSFER Customer Bridge and COLLECTIONS Customer Bridge.
Bank trade specialists and members of the bank and computer press wishing to attend the conference may call George Marsden at 662-231-4805 for permission. CSI is the leading US software company specializing in the automation of bank trade finance with installations in 150 banks worldwide. CSI's main office is at 33 Maiden Lane in New York. Telephone: 212-294-8800. Fax: 212-294-8822. Web page: http://www.banktrade.com.
NOTE TO EDITORS: For further information about the conference or CSI, call George Marsden in Bangkok at 662-231-4805, or Doug Ryan in New York at 212-294-8868.
CONTACT: Douglas Ryan, Dir. of Corporate Communications for CSI Complex Systems, Inc., 212-294-8800/