Financial Supply Chain

In the world of international trade, the process of exchanging payments, information and documents between buyers, sellers, banks, and other involved parties is becoming increasingly important for financial institutions. This community aims at presenting views and innovative ideas related to this financial supply chain space.

Olivier Berthier CEO at Moneythor

Oh, that's what we can do with the TSU!

Let's remind ourselves, the SWIFTNet Trade Services Utility (TSU) is the result of an initiative started by the banks. The SWIFT Board and twelve banks, among them some of the most international and influential players in the trade services space, decided in late 2002 to form the Trade Services Advisory Group (TSAG) and work on a solution that wou...

03 September 2007 /sibos /wholesale

Olivier Berthier CEO at Moneythor

The LC is dead. No, just kidding.

The developing world and its booming Trade activities still remain very keen on traditional instruments such as the Letter of Credit (LC) and will most likely be for years to come. Even in the US, arguably one of the most prominent countries in the world in terms of their use of open account business, a recent survey by Bank of America of US manufa...

22 June 2007 /payments /wholesale

Olivier Berthier CEO at Moneythor

Buzzword alert: financial supply chain

Forget about trade services, trade finance, UCPs and documentary credit, what we all do now is called Financial Supply Chain (or SCF for Supply Chain Finance). How many "Heads of" have we seen lately with freshly updated business cards showing new supply chain-related titles? A lot! Revolution or Evolution? Well, the notion of financial s...

30 May 2007 /wholesale