Wednesday, 16 August 2006

People’s Bank of China Selects Unisys

Unisys has announced that the Tianjin Payment Document Clearing and Settlement Centre of the People’s Bank of China (PBOC) signed a contract to acquire and deploy the Unisys check processing system. The project includes Unisys Network Document Processor (NDP) solutions with a built-in digital signature function that represents the first application of its kind in China.

The Centre intends for the solutions to replace its legacy check clearing system, and plans to integrate new technology with a range of existing applications. Under the terms of the agreement, the Tianjin Branch Payment Document Clearing and Settlement Centre will deploy multiple Unisys high-speed NDP1150 and tabletop Source NDP document processing systems, along with application software. The new configurations will support its regional check processing operation in Tianjin as well as check transfer processing for the Beijing and Langfang operations of PBOC.

"Our Centre is a pioneer in adopting technologies to improve our efficiencies. We have been examining the clearing systems of a few domestic and overseas banks. We also have compared the offerings of a couple of leading vendors and are convinced that the NDP series and comprehensive check processing system from Unisys is the best appropriate solution of choice for building our next-generation capabilities in this area," said Madam Lu.

"Unisys is pleased that the Tianjin Payment Document Clearing and Settlement Centre of PBOC has selected us for this important assignment. The Unisys NDP family offers unrivalled functionality, performance, compatibility, robustness and scalability. Unisys believes that this project with PBOC will be an excellent showcase for how the local banking sector can leverage best-in-class technologies to raise the bar for operational efficiencies," said Mr. Wu of Unisys.