Commercial Bank Foreign Exchange Process Reengineering

After joining the WTO China’s economy has entered a period of rapid development, the commercial bank foreign exchange settlement business was unprecedented opportunities for development in the tide of economic globalization, but at the same time foreign banks into China and the rapid development of Internet financial impact in this area, making domestic commercial banks are also facing a severe test. We found the "Bank recycling" of this advanced concept, and learned "reengineering the bank," the core of "reengineering" From the theoretical study from enterprise reform and banking reform in the foreign success stories. Dissertation analyzes from three different commercial banks foreign exchange settlement process reengineering objective needs of the business process reengineering reasons for the empirical analysis, and from a theoretical point to explore ideas and analysis reengineering estimate the expected effects, in the hope development of domestic commercial banks in the field of foreign exchange settlement help.The background and significance of this first chapter of the paper, as well as research methods and ideas. The second chapter of the definition of reengineering and development, focusing on reengineering theory in the banking sector. The third chapter analyzes from three different commercial banks foreign exchange settlement process reengineering objective need. The fourth chapter describes the specific process reengineering design concept and presents four design principles:(1) customer-centric service principles;(2) a process-centric management principles; and(3) information technology as a means of the system improvement principles;(4) supporting the development of the principles of combining sustainability. On this basis, we proposed to build a full-featured business platform as well as specific measures for product innovation and management process reengineering. And from operational efficiency, operating costs and risk control analysis of business process reengineering advantage fifth chapter analyzes estimate BPR expected results. Finally, Chapter VI describes the conclusions of the paper.