Why trade finance is moving to the cloud

The development of cloud technology is opening the door for companies in the trade finance sector to move away from the inherent constraints of paper-based processes.

In Asia, this is particularly compelling, as importers don’t need to invest heavily in hardware and software to use cloud-based trade finance solutions – in some cases enabling them to leapfrog more costly and complex ERP tools.

As such, many operators in these less mature markets are very open to working in the cloud and receptive...

By Tom Rahdar, 01 July 2013, 2 comments. Categories: Applications, Big Data, Consumer, Economy, SaaS .