Departures from parts of the trade credit and CPRI market – in particular by Zurich and QBE – have raised eyebrows as reduced capacity could make it harder for banks to secure a programme with a single insurer. What will be the impact, and can improved harmonisation of Basel-compliant documentation help bolster capacity?
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TXF will be hosting the 10th Anniversary of its Global Commodity Finance Conference in Amsterdam on 22-23 May 2024, at the Grand Krasnapolsky Hotel, with our black-tie Industry Awards Dinner on the 21st.
Recent legislative developments on trade digitisation in the UK and long-awaited API standards for guarantees and standby LCs from SWIFT and ICC, have given banks the green light on the next generation of trade digitisation. But will banks take up the opportunities? Patrick DeVilbiss, Senior Offering Manager, Trade and Supply Chain Solutions, and Colin Zeglen, Product Manager for Trade and Supply Chain Solutions, at CGI discuss.