Financial Insights Sees Potential In The Financial Supply Chain Market in Asia/Pacific

Forerunners in the provision of financial supply chain solutions include global players like Citi, Deutsche Bank, HSBC, JP Morgan Chase and Standard Chartered

Singapore and Hong Kong, June 2, 2009 – In a tightening credit market, supply chain financing has come to fore as a way to enhance financial efficiency. Financial Insights Asia/Pacific observes that companies are scrutinizing their supply chain programs to uncover ways to free up internal working capital. They are also seeking opportunities to release cash tied up in inventories, enhance efficiencies in handling payables and receivables, and renegotiate for more favorable payment terms with banks. More insights are revealed in Financial Insights' latest report, Market Analysis: Financing the Supply Chain in Asia - Trends and Opportunities in this Crisis" (Doc #FIN218460), which also discusses key inhibitors of financial supply chain (FSC) projects in Asia/Pacific and significant developments in trade financing banks.

Li-May Chew, CFA, Senior Research Manager for Financial Insights Asia/Pacific Financial Advisory Service, says, "Key regional markets that are attracting global trade financiers include India and China. In these countries, companies are espousing technology to handle volume expansions, a longer supply chain of activities, increasingly sophisticated purchaser demands, and globalization of operations."

Chew adds, "The forerunners in providing FSC solutions are a handful of global banks like Citi, Deutsche Bank, HSBC, JP Morgan Chase and Standard Chartered, which are banking on their strong expertise and networks in Asia to attract companies. "

To successfully engage with the market and curtail competition in the FSC arena, Financial Insights recommends that financial institutions pull all the stops to woo the SME segment; collaborate to build a partner network with regional or local banks; drive the need for greater standardization while being flexible and adaptable; innovate with end-to-end technology services and systems; adopt a keen interest in the suppliers' working capital situations of their clients; and, consider collaborative opportunities with the IT vendor community. As technology is one of the salient dimensions in the FSC market, this report also provides guidance for IT vendors* to refine their offerings.

For more information on obtaining this report, " Market Analysis: Financing the Supply Chain in Asia - Trends and Opportunities in this Crisis" (Doc #FIN218460), please contact sales@financial-insights.com.

To set up an interview with Li-May Chew, contact Lay-Fang Tan at lftan@idc.com.