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There is a substantial and growing level of unmet demand for trade financing

Regulatory compliance requirements around KYC demand high investment

Digitization and the state of fintechDoing nothing is no longer an option

The potential of a ‘Digital Trade Bank’ Digital ‘platformification’ of trade and working capital finance to boost

margins, enter new markets and grow the business while maintaining SWIFT compliance to ensure your digital foundations

Contact our Finastra experts to discuss your digital trade strategy

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State of the market: trade, finance and developmentTrade impacts economic conditions, living standards and financial inclusion

Trade will grow at 4.3% annually to USD 19 trillion by 2020.”

Boston Consulting GroupNearly a billion people have been lifted out of extreme poverty.”

The Economist

Global growth is projected to rise from 3.1% in 2016 to 3.5% in 2017 and 3.6% in 2018.”

IMF “World Economic Outlook”

Trade finance revenues predicted to grow by 4.7%.”

Boston Consulting Group

3.1%

2016 2017

3.5%

2018

3.6%

3.6% 4.7%

1bnUS $ 19tn

$45%of global demand for trade finance originates in Europe, China and advanced Asia.

ICC

61%perceive more demand for, than supply of, trade finance around the world.

ICC

US $ 1.6tn annually the gap in global trade finance – particularly in Asia.

Asian Development Bank

Trade finance is disproportionately available to multinationals and large corporates and consistently absent in the micro, small and medium-sized enterprise (MSME) segment.

ICC

US $ 50 million US $ 125

80%

2 hours

are the estimated potential annual cost savings the

digitization of the trade finance business could achieve

per standard LC is the minimum by which courier

charges could be reduced

report that the deployment of digitally

driven products and solutions have demonstrably contributed

to revenue growth

The elimination of paper from trade finance transaction processing could reduce throughput time by two hours per transaction

30%of time spent on

compliance could be saved through

automation

David HennahHead of Trade

Brian EdmondsonGlobal Lead for Trade Finance

Ben Singh-JarroldMarketing Strategist - Trade

ICC report highlights 4.7% growth in trade finance revenue and $ 6bn savings through digitization of trade #digitaltradebank

ICC Rethinking Trade 2017: Courier charges could be reduced by $ 125 per LC with a #digitaltradebank

ICC Rethinking Trade 2017: 30% of the time spent on KYC compliance could be cut at a #digitaltradebank

Read the full report with the Finastra article

Learn more aboutFusionBanking Trade Innovation • A comprehensive, front-to-back trade and supply chain finance solution

• Unrivalled automation for documentary trade and supply chain finance

• The broadest digital front end for working capital finance on the market

• Fully compliant with the SWIFT changes in 2018 and 2019

• The latest innovations in digital trade finance • Your choice: on-premise, cloud or hybrid

The Outlook of digital transformation in Trade and Supply Chain Finance Digitization represents ~US $ 2.6–6 billion savings opportunities (up to 35% over 3 to 5 years)

Today 12 - 18 Months 3 - 5 Years

US $ 12-16bn

global trade opportunities

cost base

Intelligent automation:

Intelligent OCR, artificial intelligence programs, predictive

analytics, robotics

Collaborative digitization:

eDocs, electronic bills

of lading

Emerging digital solutions:

Smart contracts and distributed

ledger technology

global trade opportunities

cost base after digitization

US $ 8-13bn

Source: BCG & Finastra analysis

20-35% US $ 2.6 - 6 billion

$$$$$$Cost control is key area of

focus for banks

68%Over 68% identify compliance and

regulatory requirements as significant concern

Increase in disconnected “digital islands” of activity, bridged by legacy paper and

process-intensive activityThe rise in correspondent banking

cost per relationship, due to compliance

15,000 - 75,000€

68%say SCF and tech are areas

with the highest growth potential in trade finance

1.4%Only 1.4% see fintechs

as a threat

44%say development of

emerging platform propositions, as strategic focus

7%Only 7% see themselves

at the leading edge of innovation

RETHINKING TRADE & FINANCE 2017The journey to digitization and collaboration

This infographic presents the findings of the report

“Rethinking Trade & Finance 2017” by the ICC Banking

Commission, in association with Finastra and explores the

potential of the Digital Trade Bank in driving efficiency,

intelligence and deeper financing in the end-to-end supply chain.

The most comprehensive survey on trade finance, it gathers

255 responses from banks in 98 countries.