ITFA’s Africa Regional Committee (ARC) is holding the second educational webinar of its 2024 series, which is aimed at African trade financial professionals and those underwriting trade in Africa.
Date: 18 June 2024
Time: 10:00 AM WAT (BST)
Title: ‘How AI is transforming trade finance and how African traders could benefit’
Platform: Zoom (joining details will be sent by email to all those registered, a few days prior to the webinar)
Agenda:
10:00 Opening words by Tedd, housekeeping & agenda outline
10:05 Presentation: ‘What is AI and how is it impacting trade finance and tradetech?’
In this opening presentation, Tedd will explain what we mean by Machine-Learning (ML) and Artificial Intelligence (AI) and explore AI’s emergence as a mainstream technology, affecting all sectors (not just banking). The presentation will look at the benefits and dangers that AI can bring, including case studies of ‘hallucinated data’ which contain serious lessons for those financing or underwriting trade.
10:20 Fireside chat with Tim Fitzgerald, KYC Automation Lead, Capco
In this session Tedd will unpack the broader themes of AI with Tim Fitzgerald, who is a leading expert in data analytics, AI and their application to modern business and finance. Their discussion will explore the impact AI is having on the financial sector, trade finance, risk management and global supply chains.
10:40 Case study of AI-powered solutions for trade finance by Saurabh Goyal, Founder & CEO, Phlo Systems Ltd
This session will be a case study presented by Saurabh Goyal, exploring the AI-powered trade finance solutions developed by Phlo Systems which build on their commodity trade finance and customs compliance platforms.
11:00 Expert panel discussion
In this concluding session, Tedd will moderate a discussion with Tim & Saurabh on the outlook for AI and trade finance and how African traders and financiers can benefit from the technology and the opportunities it creates. The session concludes with an audience Q&A.
11:30 Webinar ends
This educational event is open to all and free for participation, welcoming not only ITFA members but also individuals from diverse affiliations and interests.
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