Trade finance helps to make international supply chains work smoothly and efficiently. Finance costs in the supply chain can be material. As a general principle, supply chains are most efficient when…
Read moreby Kylene Casanova
Neatly describing the involvement of working capital in the supply chain is not easy, one of the simplest and most elegant ways to do this is shown in Eugenio Cavenaghi's (Director Trade and Working Capital Europe a
by Kylene Casanova
Paul Boodee describes, in the July/Agust edition of The Exchange, how Banco Toyota do Brasil ("BTB"), Toyota Financial Services' affiliate in Brazil managed their sovereign risk.
by Kylene Casanova
The main reason for setting up a supply chain finance programme is to support your suppliers in your supply chain and to improve working capital performance by extending the DPO. But what if,
by Kylene Casanova
ZTE is the fifth largest telecom supplier world-wide with about 50% of their sales outside of China, so export financing is a vital part of their business model. In an article by Dan Bland in The
by Kylene Casanova
Demica's SVP Avarina Miller in London has worked on many SCF implementations; her tips for a successful SCF programme are:
by Kylene Casanova
The objective of the MT798, launched in 2008, was to give a total view of trade-related exposure.
by Kylene Casanova
When Thomson Reuters introduced (at the beginning of May) their Trust Index benchmark their opening paragraphs on their web-site went as follows :
by Kylene Casanova
Netherlands-based payment services provider GlobalCollect has launched The Global Retail Insights Network (GRIN), an integrated coalition of companies aimed at enabling e-commerce retailers to expand internationally
by Kylene Casanova
Demica latest report shows that Supply Chain Finance (SCF) average annual growth rates of between 30% and 40% at major international banks. Not only, the SCF market is expected to continue to
by Kylene Casanova
'The treasurer's guide to trade finance' sponsored by RBS and The Association of Corporate Treasurers second edition is now available. It has been comprehensively updated. The introductory
by Kylene Casanova
The development of BPOs is progressing. Recent developments have included:
by Kylene Casanova
AFP in partnership Thomson Reuters is to provide access to selected companies to evaluate their creditworthiness and to identify emerging trends in counterparty credit risk. AFP members can now
by Kylene Casanova
According to SWIFT data tracking MT700 - code for LC - messages, which includes the value of transactions, increased 118% in 2012, compared with 2011. Furthermore, import messages increased by 42% over same period,
by Kylene Casanova
For a supply chain financing programme to succeed it needs to provide benefits for both the buyer company and the supplier. A superb example of this is how EDF, the French power group, worked
by Kylene Casanova
SWIFT and the Banking Commission of the International Chamber of Commerce (ICC) have released new legal and technology standards for bank payment obligation (BPO), which aim to help banks
by Kylene Casanova
Proctor & Gamble is planning to to move its payment terms to 75 days (from 45) for its suppliers, a shift that could free up as much as $2 billion in cash for the consumer products giant. To help
by Kylene Casanova
Short-term claims paid by export credit insurers increased to higher-than-expected levels in 2012, according to the Berne Union. (The leading global organisation for the export credit and investment insurance indust
by Kylene Casanova
Trade between emerging markets accounted for more than 50% of global trade volumes for the first time in 2012, AND China overtook the US as the world's biggest trading nation.
by Kylene Casanova
The International Chamber of Commerce's new Bank Payment Obligation best practice standard may mark a new era in Financial Supply Chain. SWIFT and Bottomline Technologies claim that it
by Kylene Casanova
A new report by Greenwich Associates claims that Basel III bank capital adequacy requirements are poised to increase pricing on trade finance. Greenwich suggests that this could accelerate the
by Kylene Casanova
As Basel III regulations come into play, banks are looking to manage their bulk balance sheets by divesting their trade finance assets, creating a gap in the market.
by Kylene Casanova
Companies in the Middle East are looking for maximum security in trade transactions after being doubly hit by the financial crisis and the Arab Spring. Middle East companies and banks are being extremely cautious wh
by Kylene Casanova
Citi now supports multinational corporate clients in their trade flows using the new Corporate-to-Bank SWIFT Message Type (MT) 798. The MT 798 enables clients to generate trade flow communications with any SWIFT MT7
by Kylene Casanova
The new tool combines web-based training, automated document delivery and customer service to educate suppliers on the process and benefits of supply chain finance.
