UK and China: State of the Global Supply Chain Finance Market 2019 by Trade Finance Global (TFG)

Trade Finance Global (TFG) today released its whitepaper, ‘State of the Supply Chain Finance Market, UK & China Trade Corridors’, in partnership with East & Partners, ICC United Kingdom and Coriolis Technologies.

The trade and supply chain finance sector has changed dramatically since 2008. A combination of new technology and a need to comply with more stringent regulation has led to a fundamental change in the role of the banks, as well as how trade finance solutions are delivered.

This whitepaper is TFG’s contribution towards this new and positive potential chapter in trade. By mapping out the pain points and areas that require development, the market can look to resolve these issues as it transitions towards a more inclusive system that works for everyone.

A global view on supply chain volumes shows that most (65.8%) come from cross border sales.

The whitepaper outlined that for the trade and supply chain finance community, innovations in non-recourse receivables financing and off-balance sheet structures present new opportunities for corporates trading cross-border, and coupled with integrated systems and AI, China’s BRI presents a significant opportunity for UK corporates.

The political maelstrom in the UK caused by Brexit will not stop trade, technology or innovation,

The full whitepaper, graphs and podcast can be downloaded here.