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Special Sibos 2014 Edition

Any change that can promote the expansion of the global economy is change for the good. Taking into account common sense, economic theory and, indeed, the very raison d’être of the World Trade Organization (WTO), such change would include a move towards freer trade in goods and services between nations. Freer trade is promoted when the costs and risks – to all parties involved - are reduced.This is a central theme of this edition of Financial IT. Many of the contributed articles focus on the technology and infrastructure governing payments – especially between corporates. Many of the articles also examine questions of trade finance. Both topics are closely linked. Innovation – whether it comes from financial IT providers, the banks or other actors – that facilitates payments between trading companies will usually make it easier to finance trade.

Any change that can promote the expansion of the global economy is change for the good. Taking into account common sense, economic theory and, indeed, the very raison d’être of the World Trade Organization (WTO), such change would include a move towards freer trade in goods and services between nations. Freer trade is promoted when the costs and risks – to all parties involved - are reduced.This is a central theme of this edition of Financial IT. Many of the contributed articles focus on the technology and infrastructure governing payments – especially between corporates. Many of the articles also examine questions of trade finance. Both topics are closely linked. Innovation – whether it comes from financial IT providers, the banks or other actors – that facilitates payments between trading companies will usually make it easier to finance trade.

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6<br />

Contents<br />

Contents<br />

Financial IT publishes four issues per year.<br />

Editor-In-Chief<br />

Andrew Hutchings<br />

andrew.hutchings@financialit.net<br />

Managing Editor<br />

Katherine Emirosan<br />

katherine.emirosan@financialit.net<br />

Publisher<br />

Adam Alim<br />

adam.alim@financialit.net<br />

Production/Design<br />

Timur Urmanov<br />

timur.urmanov@financialit.net<br />

Founder<br />

Muzaffar Karabaev<br />

muzaffar.karabaev@finnetlimited.com<br />

Although Financial IT has made every effort<br />

to ensure the accuracy of this publication,<br />

neither it nor any contributor can accept<br />

any legal responsibility whatsoever for<br />

consequences that may arise from errors or<br />

omissions or any opinions or advice given.<br />

This publication is not a substitute for professional<br />

advice on a specific transaction.<br />

No part of this publication may be reproduced,<br />

in whole or in part, without written<br />

permission from the publisher. Entire<br />

contents copyrighted. Financial IT is<br />

a Finnet Limited publication.<br />

ISSN 2050-9855<br />

Finnet Limited<br />

27 London Road, Bromley BR1 1DG, UK

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