As banks and the global trade industry return to a more stable state with less direct challenges from the COVID-19 pandemic, CGI and BAFT requested input surrounding technology priorities and investments within financial institutions’ trade organizations. The past year saw the consolidation of Fintechs in the trade space with banks taking a more focused and outcome-oriented approach to incorporate new technologies into their operations. Based on the survey participants’ feedback, it appears investments in innovation continue to compete for limited resources at trade banks including ESG initiatives, digitization, compliance, SCF growth, and automation.

 


See the results from the CGI and BAFT 2021 Survey or the CGI and BAFT 2020 Survey.