Are banks building effective working relationships with corporates?
This unique global analysis, driven by East & Partners - a specialist global business banking insight and consulting firm - and Finastra, explores the key areas where this disconnect between banks and corporates is taking place and how enabling solutions, particularly in cloud and technology platforms, can deliver bridges across these gaps.
The first white paper provides an overview of the subject, with subsequent reports drilling down into three topics:
- Supply chain finance
- Cloud and its application
Driving African competitiveness on the global stage
The African Continental Free Trade Agreement (AfCFTA) presents huge opportunity as one of the world's largest trading blocs by number of member countries (54). The real income gains from full implementation of the agreement could increase by 7 percent, or nearly US$450 billion (World Bank), largely driven by the eventual access to a tariff-free, unified market.
Mind the gap
Building effective working relationships between corporates and banks
The bank-corporate relationship continues to evolve in an environment where macro-economic pressures are causing increasing concerns about tomorrow. As a result, gaps are rapidly growing between the banks’ product and service offerings and corporates’ expectations – this is particularly prominent in supply chain funding.
Working capital finance
Navigating the landscape: from global corporate bank alignment, risk vs relationship, the change in technology and implication of cloud.
Find out how banks can bridge the gap by leveraging new technologies and take advantage of delivering a unique and differentiating proposition in the market.
Reporting & regulation
The risk-relationship: Tension in supply chain financing
Corporate treasurers prioritize their relationships with banks when considering financing their supply chain, yet barriers to access funding are high. This report looks at corporate customers banking experience and expectations to understand whether there is a gap between the service they want and the services banks actually offer.
Find out more about supply chain finance.
The future of trade
Change the game: Delivering new working capital finance models through future technology
Advances in technology have permeated every aspect of life; streamlining, simplifying, and improving. For banks to navigate the uncertainty while retaining revenues, development and adoption of new technologies, including smart contracts, blockchain and cloud-based platforms is the key to growth and continued development.
Working Capital Finance in the cloud
Aim for the cloud: how hosted solutions change the game for banks and corporates
Banks are currently leading over corporates when it comes to cloud adoption. Both agree that the main benefits of moving to the cloud are scalability and resilience, with the largest concern being integration with existing systems. Yet, 75% of corporates do not trust banks to deliver quality cloud-based solutions.