News

SWIFT & Opus Advisory information paper: Digital Trade and Trade Financing

30/05/2016

Alexander R. Malaket, CITP, OPUS Advisory and SWIFT have worked on an Information Paper that is available here:

http://bit.ly/1PbQsyz

The digitisation of international trade and trade financing is now well underway, the inevitable result of a convergence of technological capability, commercial drivers and market adoption. Service providers, including trade finance banks, must make a strategic decision: commit to the development of digitised channels and propositions, or prepare to cede market share to a new generation of providers that have already seized the imperative to respond to market evolution in international commerce.

The primary objective of this paper is to provide a view of the state of digitisation in the financing of international trade, and to propose that there are significant opportunities for clients and finance providers to take a strategic posture and to actively shape the evolution of this critical dimension of international commerce.    


Back to recent news

Recent News

New platform for conducting Bank Payment Obligation (BPO) transactions 19/11/2019

In our news item of 7 May 2019, we reported that SWIFT had decided to decommission their Trade Service Utility (TSU) platform and transaction matching application with effect from December 2020...more

ICC issues supplement to the Commentary on eUCP Version 2.0 and eURC Version 1.0. 18/11/2019

The eUCP 2...more