Open trade finance: Moving to open APIs

Open Trade Finance: Moving to Open APIsOpen Trade Finance: Moving to Open APIs

The nature of the trade and supply chain finance – with diverse parties sharing multiple documents and data sources – makes it ideally suited to digitization and technology-enabled collaboration. Moving towards open APIs is the fundamental first step on the journey toward realizing the benefits on offer to open trade platform players. By taking a platform approach to trade finance, and leveraging open APIs, financial institutions can be more flexible, agile and faster to market.