Trade Financing

This is your access point to our coverage of Trade Financing. Here we provide practitioners with a unique analytic perspective, as well as the technology and innovation in its adoption. Launched in January of 2014 to discuss the issues around trade credit and trade finance management, Trade Financing Matters offered coverage on a variety of topics that impact how companies finance their procurement and sales, from technology to regulation to zero based investing environments.

 

Intelligent Trade Finance: The Confluence of Blockchain and the Internet of Things

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Spend Matters welcomes this guest post from Biji John, product manager, trade finance, at Finastra.

The fundamentals of trade and trade finance have not changed in centuries: it’s process heavy, with bottlenecks and disputes everywhere. Characterized by paper and manual operations, the back office is ripe for next-generation transformation. In the middle and front office there is potential for far greater automation and use of real-time data, for example in the accounts receivables process, in SME credit underwriting, loan booking, and monitoring and indeed for relationship managers (human and virtual) to surface and analyze data to gain insights and provide more data-driven recommendations to corporate clients along the financial supply chain.