{"id":8014,"date":"2013-07-01T13:19:00","date_gmt":"2013-07-01T13:19:00","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2013\/jul\/01\/why-trade-finance-moving-cloud2\/"},"modified":"2013-07-01T13:19:00","modified_gmt":"2013-07-01T13:19:00","slug":"why-trade-finance-is-moving-to-the-cloud","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/why-trade-finance-is-moving-to-the-cloud\/","title":{"rendered":"Why trade finance is moving to the cloud"},"content":{"rendered":"<p>The development of cloud technology is opening the door for companies in the trade finance sector to move away from the inherent constraints of paper-based processes.<\/p>\n<p>In Asia, this is particularly compelling, as importers don&rsquo;t need to invest heavily in hardware and software to use cloud-based trade finance solutions &ndash; in some cases enabling them to leapfrog more costly and complex ERP tools.<\/p>\n<p>As such, many operators in these less mature markets are very open to working in the cloud and receptive to the competitive opportunities it brings.<\/p>\n<p>From a corporate perspective, SaaS-based multi-bank trade finance applications and exporter-led solutions are also extremely compelling in terms of cost and their potential to make essential processes more effective.<\/p>\n<p>Typically, cloud-based trade finance solutions are far easier to deploy and use, especially when compared with more restrictive on-premise technologies. This in turn can enable corporate users to increase business efficiency and payment &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The development of cloud technology is opening the door for companies in the trade finance sector to move away from the inherent constraints of paper-based processes.<br \/>\nIn Asia, this is particularly compelling, as importers don&rsquo;t need to invest hea&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8014","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=8014"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8014\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=8014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=8014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=8014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}