Proponix is a web-based, pay-per-transaction trade portal designed to provide trade processing services with built-in workflow and imaging, in-sourcing capabilities, denied party compliance and online reporting.

According to CGI-AMS, the Proponix platform enables banks to initiate and manage transactions, perform inquiries, view document images and run up-to-date reports. Trade portal clients also gain access to supply-chain management capabilities.

The bank hopes the deployment will help it keep pace with technology changes and allow it to adopt future trade strategies.

George Schindler, senior vice president of the CGI-AMS banking practice, said: Proponix solution enables banks to focus on core business objectives and not worry about the required ongoing technology investment.