CGI Trade360 is the only transformational trade and supply chain finance platform with fully integrated traditional trade, payables, receivables, collateral management, and cash management solutions packaged as a highly secure software as a service. CGI Trade360 delivers all the software, infrastructure, and support resources necessary to power a bank’s global trade business digitally. Banks can transform their trade business bank-wide and globally, giving corporate customers superior service, anywhere, anytime, while dramatically improving management capabilities and achieving highly efficient processing. Visit www.cgi.com/trade for more information.
The development and deployment of innovative technologies in banking has given rise to new digitization efforts, corporate and bank consortia, solutions for compliance, and promises of more efficient processing in trade. Nevertheless, implementation of these new technologies and the resulting impact have been inconsistent. With this backdrop, CGI and BAFT conducted a survey of BAFT members in the summer of 2020 to obtain market intelligence on the current opportunities and challenges provided by these new technologies. This session will discuss the results of the survey and provide insight on the current state of technological advancement in trade.