Webinar: Tradition vs technology: Do Letters of Credit have a future post Covid-19? 30 July 2020

Will Letters of Credit matter as we enter the post Covid-19 recovery and trade enters a new digital era or will digitization give them a new lease of life?

Join us on 30th July for an interesting webinar brought to you by ITFA and Finastra.

When we think of the most dramatic events of the last two decades – from the financial collapse in 2007/8, trade wars, to Brexit and, currently, pandemics – every crisis cycle we go through, whether driven by financial turbulence, economic uncertainty or the emergence of more novel threats, strengthens the case for digitalization – making the relevance of technological solutions even more relevant.

However, are banks ready to adapt to address change?

We invite you to join us in exploring the documentary landscape for trade finance and what it means to leverage the latest technology within the trade ecosystem. This digital trade panel will set the foundation in understanding what the biggest challenges and opportunities are for banks in making the move to digitalization through enabled solutions available today.

Meet industry experts: Brian Edmondson, Principal Solutions Consultant, Finastra; Vincent O’Brien, Member of the Executive Committee, ICC, and Carl Wegner, CEO of Contour; will uncover and navigate the intricacies of:

• What role do letter of credit play and will we always need them?
• Defining the impact of COVID on operational flows
• Re-imagining the process of documentary trade
• Big bang vs small bang: routes to a better future
• What do banks need to do next to create an ecosystem of tomorrow?

Sean Edward, Chairman, ITFA, will lead the panel of experts as they navigate the strategic outlook on digitalization priorities, how to align them to your overall strategic horizon and what the future of documentary trade might look like.

There will be an opportunity for you to ask questions at the end of the session.

To register, please click here.