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IS480 Team wiki: 2015T1 A3XY ProjectDescription

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Project Description

The team will develop a Trade Finance application and integrate it into the existing SMU tBank architecture. This application will be a self-service channel for “corporate customers” (students) to implement a number of financial instruments related to international trade, such as; Letter of Credit, Bill of Exchange, Bill of Lading, Bank Guarantee, Documentary Collection, Open Account, Export Factoring. Another deliverable will be an end-to-end trade simulator that can be used in the classroom to illustrate the movement of goods and trade documents across the relevant parties, eg; Importer, Exporter, Freight Forwarder, Issuing Bank, Advising Bank.

The proposed web application, SMU tBank Trade Finance will consist of the following modules: