November 3, 2022 – The decline of manually intensive and paper-trade finance operations, the growth of supply chain finance, and the rise of fintech players are encouraging banks to transform the status quo with API-based open banking, artificial intelligence, and data analytics.

This report recognizes specific vendors for their strengths in critical areas to help inform bank decision-makers as they select new technology partners. It examines the state of the trade finance software market based on Aite-Novarica Group’s discussions with leading vendors, active end clients, and other key players participating in this financial technology market ecosystem.

This 22-page Impact Report contains seven figures and three tables. Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.

This report mentions CGI, Finastra, Intellect Design Arena, Mercury, Oracle, and Surecomp.