Alexander R. Malaket, CITP, OPUS Advisory and SWIFT have worked on an Information Paper that is available here:
The digitisation of international trade and trade financing is now well underway, the inevitable result of a convergence of technological capability, commercial drivers and market adoption. Service providers, including trade finance banks, must make a strategic decision: commit to the development of digitised channels and propositions, or prepare to cede market share to a new generation of providers that have already seized the imperative to respond to market evolution in international commerce.
The primary objective of this paper is to provide a view of the state of digitisation in the financing of international trade, and to propose that there are significant opportunities for clients and finance providers to take a strategic posture and to actively shape the evolution of this critical dimension of international commerce.