An Australian Internet-based trading platform will be set up and will add to bex.com's existing network of four hubs in Southeast Asia (IBEX), Greater China (UBEX), Japan (NBEX) and the Americas (ABEX).
An additional hub called EBEX will be established in Europe by June.
bex.com is a locally-based e-trading hub developer while Compuware is a solutions provider.
"Using Compuware's integration and application management expertise, our partnership will provide a speedy and robust solution to customers and merchants joining our trading hub," said Yong Voon-Fee, bex.com chairman and CEO in a statement.
Singapore-based bex.com expects to conclude talks with other Australian conglomerates as partners in the joint venture soon.
"bex.com establishes strategic partnerships with leading companies in each geographic location. With our interconnected and country-specific (hubs), we offer our partners faster time to market," Yong added.
bex.com formed UBEX early last year as a joint venture with China Trust Commercial Bank. NBEX was form in January as a S$32 million joint venture with three Japanese Fortune 500 companies--Sakura Bank, Toshiba and Mitsui.
In early March, bex.com together with DBS Bank, Singapore Technologies Telemedia (ST Telemedia) and Taiwan's China Trust Commercial Bank, Aurora Corp, and UBEXCO Ltd formed a NT$300 million (S$16.5 million) Taiwan-based joint venture.
The joint venture, Asia Digital Exchange Co, will operate a business-to-business Internet marketplace, HiOffice.net, for the procurement of office supplies and equipments.
Besides serving the Taiwanese market, HiOffice.net also targets Asia Pacific by leveraging on DBS and ST Telemedia's regional distribution networks. Online payment services will be provided by China Trust Commercial Bank and DBS.
Established in 1996, bex.com's shareholders include ABN-AMRO Bank, Intel Pacific Inc, Taiwan's Koos Group, DBS, Vertex, ST Telemedia and Temasak Holdings. It has research and development centers in Singapore, China and the US.
Play video
There are currently no comments for this post.