The Democratisation of Data: Bringing Working Capital Full Circle

Working capital conversations between banks and corporates have typically focused on individual bank products, rather than the specific needs and challenges of the corporate – leaving opportunities and efficiencies on the table. But that’s all changing now, as Adeline de Metz, UniCredit, explains.

In this candid interview, Ebru Pakcan, Citi, speaks about the impact of the coronavirus pandemic on trade, and airs her views on the digitisation of trade – from the milestones already reached to the areas still requiring improvement.

Meliá Hotels' treasury team was looking to access faster and more flexible liquidity as means of speeding up the cash conversion cycle. They decided to implement a receivables finance programme with HSBC that would respond to the company's current and future needs.

The ongoing global economic downturn has resulted in supply chain disruptions, payment delays and payment defaults. Adeline de Metz, UniCredit, considers the range of options that buyers have to achieve supply chain stability during a period of unprecedented imbalance.

On the cusp of momentous change, the trade finance ecosystem is experiencing a significant restructure with the introduction of new technologies and market participants. In an unpredictable economy, treasurers need to adapt their initiatives to conform to new global trade dynamics.

There's never been a more exciting time to be in global trade. While the headlines continue to be dominated by geopolitical challenges, positive forces are setting the scene for a promising 2019 and beyond.