The report begins with an overview of current offers from banks to prove the point that a true "supply chain" solution should encompass the entire spectrum of the processes that belong to supply chain management. It then identifies the basic components of a supply chain finance solution. The report continues with evaluating if there is any real business opportunity attached to an SCF offer. Existing B2B collaborative service platforms can provide the right perspective and inspiration.
Finally, the research scrutinizes current solutions marketed by farsighted players that are at the edge of what promises to be an evolutionary business stream for banks. That will happen once banks learn how to properly "read" a supply chain and identify the correct partners that will help them deploy the deliverables of a supply chain finance offer.
"Banks must find a business model that adds services to the base offer of digitized invoice-centric financial services," says Enrico Camerinelli, senior analyst with Celent's banking group and author of the report. "Celent expects that the next five years will see the dawn of a new generation of services for corporations involved in complex cross-border sourcing and trade."
The following vendors and banks are analyzed: GSCF, BNP, Standard Chartered, Lloyds TSB, Nordea, Bank of New York Mellon, Citi, Group Santander, Rabobank, RBS/ABN, Unicredit, and Deutsche Bank.