IBM assists Eurobank to develop cloud-based digital platform

Enterprise IT vendor IBM said Eurobank has tapped its Digital Experience software for a cloud-based digital platform for online international commercial trading.

IBM says its Digital Experience software with cloud capabilities and social offerings will enable the Greece-headquartered Eurobank, which has more than 1,000 branches in seven countries, to unite exporters and importers to enhance international trade operations and increase transactions.

Eurobank tapped software major IBM to develop Exportgate, a cloud-based portal, to offer secure business-to-business Web portal with social capabilities and a number of e-services designed to facilitate trade transactions with new partners.


Exportgate enables Eurobank to offer social tools and resources for industry analysis. International buyers can now access profiles of Greek sellers, contact them through the direct message feature, view virtual presentations, and participate in forums where they can exchange ideas, research and more.

“One of the biggest challenges of international trade is the inability to effectively identify and engage with new partners on a global scale. Exportgate is helping to remove these barriers,” said Constantinos Vousvounis, general manager, Group Corporate and Investment Banking, Eurobank.

Exportgate website ranks among the most prominent and established International Trade Portals, with the majority of visitors – over 60 percent – originating from countries such as the UK, Italy, France, Germany and Russia.

To date the site has generated more than 485,000 visits, 1,348,102 portal page views, over 8,000 e-library member visits and more than 2,300 partnerships and connections among International companies.

“Eurobank’s new digital strategy for international imports and exports has brought vibrancy to the global trading system in the region,” said Larry Bowden, vice president of Exceptional Digital Software, IBM.

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