menu
intellect

ENTERPRISE CASE STUDY: Building on New Banking Environments

Building on New Banking Environments

Share

  • linkedin
  • twitter
  • print
  • download

David Bannister, Principal Consultant from Ovum writes, an in-depth case study, how a late entrant bank rapidly acquired market share and made money from Supply Chain Finance. He details how the bank partnered with the digital transaction banking expert, iGTB, to contribute to the digital vision of the 6th largest economy in the world.

Small and Medium Enterprises (SMEs) contribute about 28% to the GDP but were poorly served by the pre-existing banking system, largely relying on money lenders and private investors, with a funding gap of around $418bn. So the bank made the strategic decision to launch new products providing supply chain finance services to corporates and SMEs by partnering with iGTB.

Though a late entrant, Bank of Baroda was convinced that, with iGTB's Supply Chain Finance digital platform, they can get more market share and bridge the gap with the established players. Within a few weeks of going live, iGTB enabled Bank of Baroda to achieve 10+ anchor clients, over $50m facilities and, unusually for SCF, full automation (100% STP).

To learn how you can transform your SCF & Trade Finance business, please fill in the below form to get your copy of the case study

Thank you for your interest in receiving a copy of the case study on Building on New Banking Environments.

Please Click here to download the file.

Share

  • linkedin
  • twitter
  • print
  • download
ABOUT iGTB

iGTB's Contextual Banking Experience Platform (CBX) is a white label digital banking platform and product processors to manage corporate’s cash, liquidity and trade leveraging Machine Learning and predictive analytics, delivered through APIs and an omnichannel User Experience.

Thank You, you are successfully submitted the form

Stay current on your favourite topics
scroll-up
scroll-up

© Intellect Design Arena Ltd, 2017