Actuate Corporation, the developer of Enterprise Reporting Applications, today announced that it has made inroads into the China market by adding the Bank of China (BOC) to its customer base.

Bank of China has chosen Actuate as the platform for its loan monitoring and analysis system. Actuate will be deployed to manage BOC's large repositories of data, as well as to generate clear, reliable and efficient reports for its extensive employee base, including loan credit and debt balance of foreign traded companies, interest-bearing assets as well as asset quality evaluation.