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Utilising ePresentation with: Shandong Xiangguang

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1 Utilising ePresentation with: Shandong Xiangguang
Ross Wilkinson Regional Director APAC Utilising ePresentation with: Shandong Xiangguang

2 The world’s first electronic Bill of Lading
Expertise from experience The world’s first electronic Bill of Lading The world’s first electronic document presentation (ePresentation) under eUCP rules Formed as a joint venture between SWIFT and the TT Club Launched first Bolero applications to use with Bolero network and support 3rd party systems Launch of End-to-End LC e-Presentation solution based on eUCP rules Processing over 400k multi-bank trade documents per month Largest integrated corporate/bank/carrier trade network 1998 2005 2011 2013 5 countries 14 countries 26 countries 45 countries Bolero in 2015 4 global offices 58 trading countries supported 60 trade banking groups 336 entities enrolled on the platform 74% growth of entities on Bolero in 2 years 1.2m completed payment Presentations 19,000 monthly presentations +$80bn of transaction value per annum

3 Global Trade Market Overview
= Bolero Usage Current key trade markets (other than China/Australia) India South Korea South Africa Japan Brazil Russia Commodity Pricing Emerging market growth but times are challenging!

4 Global trade is complex, paper intensive & fragmented
Impact 1 Inefficiency leads to bloated working capital requirements Delayed time to cash Impact 2 A need for original paper bills of lading and shipping documents result in risky Letters of Indemnity being issued Impact 3 Paper and localised processes result in poor organisational visibility and a lack of control Impact 4 Very manual, paper intensive, labour inefficient and challenging to scale Issues with current processes or current issues… LOI not worth the paper written on Valuable documents lost in transit Time for docs to travel back and forth Fraudulent transactions/document interceptions Difficcult to manage Financial gain Working Capital Improvement Reduced DSO Risk reduction Remove Letters of Indemnity Reduce opportunity for fraud Cost Reduction Document handling costs Demurrage Innovation Collateralised financing Discounted pricing creates competitive advantage

5 Electronic Document Presentation – A Significant Opportunity
Where are my Documents? Today’s Issues: Paper Time Cost Delay Loss Risk

6 Thank You Introducing Angelie Tai, Senior Treasury Manager,
Financial Center Shandong Xiangguang Group


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