Cambodia Investment Review

DKSH Cambodia Digitized Payables Management Through Tailored Host-To-Host Solution By J Trust Royal Bank

DKSH Cambodia Digitized Payables Management Through Tailored Host-To-Host Solution By J Trust Royal Bank

Cambodia Investment Review

J Trust Royal Bank (“JTRB”) and DKSH Cambodia announced the successful integration between JTRB’s Core Banking System and DKSH Cambodia’s Enterprise Resource Planning System (“ERP”) system with Secure File Transfer Protocol (“sFTP”) to fuel Payment Digitization.

JTRB offers Host-to-Host solution, specializing in ERP Integration and providing seamless connectivity between the two systems with professional project management. The solution aims at reducing complexity and improving efficiency and productivity through speed and accuracy of digital payment, using secured channel with data encryption.

Simplified & Tailored For DKSH Cambodia

The project required extensive and customized supports, yet made simplified and tailored for DKSH Cambodia with upgraded authorization matrix function in J Trust Royal Bank’s corporate banking platform “JTR Connect”. This achievement is a testament to the commitment and strong collaboration between the teams at JTRB and DKSH Cambodia.

Thoun Chansoyavatey, DKSH Cambodia Director, Country Finance.

“As a leading market expansion service, we continuously strive to improve our services for our partners and customers. This investment aims to seamless processes, and through the effective collaboration and the implementation of digitalize solutions provided by J Trust Royal Bank, we have achieved enhanced efficiency and productivity through a SWIFT and accurate digital platform for our partners.” said Thoun Chansoyavatey, DKSH Cambodia Director, Country Finance.

J Trust Royal expresses their sincerest gratitude to DKSH Cambodia for having selected JTRB as their new key strategic partner in this integration, a clear affirmation of DKSH Cambodia’s continued trust and confidence in J Trust Royal Bank.

Mr. Toru Myochin said “J Trust Royal Bank continues to make significant investments in digitizing the Cambodian market. This includes technology that enables the automation of standardized payment file exchange between customers’ ERP systems and our core banking system and authorization matrix. As a result, we commercialized all our Host-to-Host integration capabilities, covering Swift FIN/MT101, Swift FileAct, and sFTP. JTRB is humble to bring cash management capabilities of international banks to Cambodia’s banking markets and to support multinational corporations and local corporates.”

About DKSH Cambodia

DKSH’s purpose is to enrich people’s lives. For almost 160 years, DKSH has been delivering growth for companies in Asia and beyond across its Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 29,040 specialists, generating net sales of CHF 11.1 billion in 2023. In Cambodia, DKSH has more than 70 years of experience. Today, DKSH is one of Cambodia’s leading business organizations and as such the trusted partner for companies looking to grow their business in this market.

About J Trust Royal Bank

J Trust Royal Bank is a joint venture between J Trust Co., Ltd, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange, and Royal Group Finance Co., Ltd, one of Cambodia’s largest conglomerates. J Trust Royal Bank is one of Cambodia’s largest foreign banks with an ever-growing commitment to provide world-class financial services to Cambodian people and expatriates living in and working across the Kingdom with more than 700 employees servicing in 17 branches in Phnom Penh, Siem Reap, Battambang, Kompong Cham, and Sihanoukville provinces.

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