TFG's Deepesh Patel spoke to the Finastra's CEO Simon Paris about the future of trade and current challenges, during the World Trade Symposium at New York. We discussed key themes around bilateralism and multilateralism in global trade and why we need to turn our eyes to plurilateralism. A typical SME trade finance transaction is $25,000, but the average cost to trade finance instruments is $4,000 - this is not particularly helpful in addressing the trade finance gap. Is the technology the remedy here? Full interview here: https://www.tradefinanceglobal.com/posts/video-the-new-vision-for-global-trade-exclusive-with-finastra-ceo/

Finastraworld trade symposiumworld trade boardplurilateralism