The consortiums offer innovative facilities to optimise open account trade finance through options in supply factoring, payment commitment and receivables financing. As an associated business sector we are reviewing their offerings with plans to further understand and collaborate with their capabilities and technologies. We are interested to expand our services, especially where API’s and standard approaches to data sharing and definitions of data formats can be easily integrated into our systems, providing a seamless experience for our clients with cost-effective efficient delivery of services. Fast implementation and access to new markets are key positives for us and these initiatives are prime examples of how the trade space is increasingly reactive with ideas that are becoming tangible deliverables for the benefit of the industry in short time frames.