Is supply chain finance gaining traction over documentary trade?
With SIBOS happening currently, Oracle Financial Services is excited to share a series of recorded informative sessions, webinars, and blogs. Whether it's building a unified corporate digital banking experience, bringing real-time visibility to cash and liquidity management, offering more choices for trade and supply chain financing, rebuilding credit and lending for speed and transparency, or simplifying treasury management for your clients, Oracle's Financial Solutions will help you bridge the digital gaps in your corporate banking system to achieve capital clarity. Introduction Over the years, there has been considerable speculation on the impending growth of supply chain finance at a rate higher than growth in documentary trade. According to a report by McKinsey , the CAGR for supply chain finance in the years 2019-2024 is expected to exceed 25%, as against 1-2% for documentary business. These indicators occurred before the Covid pandemic struck the world. The pandemic ...