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SIBOS 2013 - Corporate Stream Gets Deeper And Swifter In Dubai
SIBOS 2013 - Corporate Stream Gets Deeper And Swifter In Dubai
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The corporate stream is once again expanded at this year's Sibos conference in Dubai.
One of the highlights is a look at
Alliance Lite2
—the user-friendly, cloud-based corporate access channel that SWIFT launched last year. It requires no infrastructure to maintain—a big drawback of its more direct access channel—and has a usage-based monthly fee, with little upfront investment.
There is also a big focus on corporate supply chain management and supply chain finance. With SWIFT having launched its
bank payment obligation (BPO) solution
, much of the first day of the Forum is keyed into looking at how companies can make use of this automated letter of credit (LC) service to reduce errors, improve supply chain efficiency and speed up the flow of cash throughout the chain.