Articles tagged with:
trade finance

  • Container operation in a port.

    SWIFT's BPO finally arrives as ICC outlines rules

    Formal approval was given to the SWIFT Bank Payment Obligation (BPO) by the ICC last month. Now a set of uniform legal and technological standards has been agreed will we see a rush of businesses looking to leverage the benefits of this new payment method?

  • Gold bars being weighed

    Corporate liquidity: the key to movement

    In an environment where opportunities are beginning to open up, organisations – from sales managers to treasurers – have a renewed growth agenda, and are expanding where possible. Corporates are discovering that it’s important to look internally to ensure operations are optimised and safeguarded – and well-positioned for achieving this growth.

  • Mitigating trade finance risk

    This month's question

    “How can corporates in Asia mitigate trade finance risk?”

  • Family of elephants

    Running in the family

    SWIFT has been trying to engage with the corporate community for many years and yet membership has remained relatively low. By restructuring and bringing together core payments messaging and trade services functions, it hopes to generate a more inclusive environment for businesses, banks and vendors alike. What does the new structure look like and what does it mean for treasurers?

  • Message in a bottle on a beach

    SWIFT standard for trade finance messaging arrives

    Last Wednesday, Citi went live with the corporate-to-bank SWIFT Message Type (MT) 798, which corporates hope will have the same impact on trade finance communications that standardised messaging has already had on the payments side.  While Citi has chosen to enter the market early, will other banks soon follow suit?  And what do the bank’s corporate clients think about the new standard?

  • Photo of a cargo ship loaded with containers

    An alternative trade route

    The secondary investment market in trade finance assets is found almost exclusively in the banking domain due mainly to a lack of expertise outside of the industry.  However, significant changes are coming to the short-term investment market which may have a positive development for short-term trade assets.

  • Algo trading: a fringe or frontier of treasury?

    Algorithmic trading has been a staple in high finance for much of the past decade.  Pushing the boundaries, complex computer codes have been derived to automatically make trading decisions, submit orders and manage them accordingly, all in the pursuit of profit.

  • Trade finance: pushing the (MT 798) envelope

    The ‘revival’ of traditional trade products has been widely covered in industry journals, but providers are not just returning to their ‘old favourites’ – they are also looking to innovate in the space.

  • Best practice for supply chain finance

    Research by Demica, a leading working capital consultancy, suggests that in 2011, supplier finance programmes led, on average, to a 3-4% cut in suppliers’ cost of borrowing. Large multinationals, such as Caterpillar, have launched successful supply chain finance schemes that are now being rolled out to emerging markets such as Asia.

  • Man's thighs in a tug of war

    The tug of trading

    Foreign exchange (FX) risk management has become an increasingly integral part of the treasurer’s role. But are there opportunities for companies to profit through FX trading? And even if there are, should treasurers really be taking advantage of them?