How can technology in trade finance speed up digitization for banks of all sizes?

CEFPRO WEBINAR IN PARTNERSHIP WITH FINASTRA

How can technology in trade finance speed up digitization for banks of all sizes?

ON DEMAND

We’re joined by a panel of experts to review working capital finance in a post-Covid world, including how trade and working capital finance have transformed to achieve customer excellence. A recent survey from CeFPro and Finastra explored advances in trade finance, with focus on progress towards end-to-end digitization across financial services and uses of digital solutions; how business models are changing with the introduction of digitalization and automation techniques; and the impact of Covid-19 on business models and the acceleration of digital platforms. During this Webinar we will discuss some of the key findings of the report, review some regional / international differences and give an outlook about what the future will bring for Working Capital Finance.

Webinar Agenda:

Regional and international trade finance landscape
Customer drivers
Digitalization
Future outlook

Attendee Key Takeaways:

The future of trade finance and the difference between local and global banks
Is digitalization driven by banks or customers?
How does digitalization change business models? What opportunities are coming up?
The difference between strategies and the strategy moving forward
How can a platform approach help banks to innovate/digitalize?

Download the research report:

CeFPro, in partnership with Finastra, undertook an extensive research project with the objective of reviewing working capital finance in a post-Covid world, providing the basis for this webinar discussion.

We consulted over 110 industry professionals via an online survey, and conducted one-on-one interviews from industry leaders and subject matter experts to gain a comprehensive understanding of the post-Covid working capital finance industry.

Speakers:

Brian Edmondson
Global Head of Trade and Working Capital Finance
Finastra

Sean Edwards
Chairman
ITFA

About Brian

Brian has worked in Trade and Working Capital Finance solutions since 1992. He was formerly Executive Vice President at China Systems (Eximbills) based in Asia-Pac where he was responsible for Product Management eventually moving to MD in 2000. Brian then moved to Europe to become the Vertical Sales Lead for Financial Services at IBM. In 2009 Brian joined Finastra and has been instrumental in the development of the Model Bank concept for transaction-based banking and the application of the global processing solution for large international banks. Brian has been the lead Solution Architect for global projects for banks such as Commerzbank, Barclays and ING.

About Sean

Sean Edwards is an English lawyer, formerly with Clifford Chance, and is now Head of Legal and Special Adviser to the Trade Finance Department at Sumitomo Mitsui Banking Corporation Europe Limited. He is Chairman of ITFA and is one of the principal draftsmen of the Uniform Rules for Forfaiting (URF) (ICC Publication no. 800), a joint initiative of the ITFA and ICC and published by the ICC. He was also a member of the drafting group for the Standard Definitions for Techniques of Supply Chain Finance published by ICC, ITFA and a number of other international trade finance organisations. He sits on the Executive Committee of the ICC Banking Commission and leads a work-stream on the ICC Working Group on Digitalisation in Trade Finance. Sean has written articles on trade finance, particularly on different forms of receivables finance, for all the major trade finance magazines and is on the editorial board of Global Trade Review (GTR). He is a frequent presenter at trade finance conferences dealing with a range of subjects.

Saila Alapiha
Senior Product Owner
OP Financial Group

Gaurav Sophat
Global Solution Lead for Commercial Banking
Capgemini

About Saila

Saila Alapiha is a futureproof product management professional with long experience on processes and technologies relating trade and related financing on both business, traditional devops side as well as new technologies and digitalization (blockchain, AI). I was also rewarded as the forerunner of the year in trade finance digitalisation 2018 by ICC Finland.

About Gaurav

Gaurav is a banking consultant with global experience supporting digital transformation of both operations and technology in trade finance and lending. Gaurav has helped banks like ING, Barclays, and National Australia bank to digitalise their trade finance offerings. Before joining Capgemini, Gaurav worked as Business Architect for a trade finance software provider leading implementation of package solutions.

June 10, 2022

How can technology in trade finance speed up digitization for banks of all sizes?

CEFPRO WEBINAR IN PARTNERSHIP WITH FINASTRA