GTR readers have voted their favourite trade services and supply chain providers in a record return of voting forms this year. Some categories see a change on last year, although there is still a consistent hierarchy of leading firms.
We saw record voting this year for our online readers’ poll of best trade services and supply chain providers. We introduced a new category to the voting too – the best supply chain platform. Demica, Global Supply Chain Finance and PrimeRevenue all vied for the top spot, with Demica managing to take the lead.
As far as best IT offering in trade finance, China Systems beat all opposition again, while CGI managed to sneak into the table at second place, with Surecomp close behind.
As far as banks, the combined ABN Amro/RBS ran away with the top accolade of leading documentary processing bank globally – as ABN did last year. HSBC overtakes Citi into second place this year.
JPMorgan again takes the glory for winning the most innovative and responsive trade services bank, with Deutsche Bank and Citi taking second (ABN Amro 2007) and third place (Standard Chartered 2007). JPMorgan made a good showing in the Asia-Pacific, Middle East and North America regions too.
HSBC was on top again in Asia, with StanChart second again and JPMorgan sneaking in at third place. HSBC hung on to the Asia top position this year too.
A new winner this year is Commerzbank as best trade services bank in Eastern Europe, pipping Deutsche to the post. Deutsche makes amends by winning top slot for Western Europe.
The tables for North and Latin America remain largely unchanged from last year with Citi stealing the show for both regions. Citi put in a consistently good showing across the board for all regions, although the combined Barclays/Absa toppled it from last year’s third place in Sub-Saharan Africa to take third slot this year.
Who is the leading bank globally for documentary processing services?
1 ABN Amro/RBS
Who is the most innovative and responsive trade services bank?
1 JPMorgan Chase
3 Deutsche Bank
Who is the leading trade services bank in Asia-Pacific?
2 Standard Chartered
Who is the leading trade services bank in Eastern Europe/CIS?
2 Deutsche Bank
3 ABN Amro/RBS
Who is the leading trade services bank in Western Europe?
1 Deutsche Bank
2 ABN Amro
3 BNP Paribas
Who is the leading trade services bank in Latin America?
Who is the leading trade services bank in North America?
2 JPMorgan Chase
3 Bank of New York
Who is the leading trade services bank in Sub-Saharan Africa?
1 Standard Bank
2 Standard Chartered
Who is the leading trade services bank in the Middle East & North Africa?
Which IT provider has the best trade finance offering?
1 China Systems
Which is the best supply chain platform?
2 Global Supply Chain Finance