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How technology and innovation can bridge the trade finance gap

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Today banks and financial institutions are increasingly looking to mitigate the risks associated with trade finance, fraud risk, and double financing, and at the need for a secure platform that offers an information registry for the safe exchange of data. Watch Sudhir Dole, CEO, Trade Information Network, and Rajasekar Sukumar, Vice President, Europe, Persistent Systems as they speak to FinextraTV to learn how Fintechs are helping solve the trade finance gap, the risks Trade Information Network helps to mitigate via their platform, the importance of partnerships in delivering such disruptive changes, and how Persistent has helped Trade Information Network to achieve its objectives.

About Trade Information Network

The Trade Information Network is an inclusive global multi-bank, multi-corporate network in trade finance and has the potential to transform trade. The Trade Information Network, founded by ANZ, BNP Paribas, Citi, Deutsche Bank, HSBC and Standard Chartered enables the exchange of trade information between buyers, suppliers and finance providers around the globe. The Network facilitates access to supply chain financing, driving trade and supporting all client segments including SMEs in their export success. The Trade Information Network is a game-changing global initiative in Trade Finance.

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