The ICC United Kingdom Digital Trade Conference (DTC) is the annual, international, flagship event for ICC UK Centre for Digital Trade and Innovation (C4DTI). In 2024, the conference will focus on the practical benefits of digitalising the trade ecosystem and discussing the “HOW” & with “WHAT RESULT”.
Tickets for the conference and awards ceremony must be bought separately.
The digitalisation of the trade ecosystem offers business a real opportunity to radically improve efficiency, profitability and productivity whilst unlocking innovation and growth. This includes the possibility to now integrate trade data, previously buried on pieces of paper, with sustainability data to improve the quality of ESG reporting.
The current trading system is antiquated, costly and inefficient with 4 billion pieces of paper flowing through the trade ecosystem at any given time, and up to 40 documents in a single trade transaction.
Despite all the investment into customs digitalisation, this has not delivered a paperless trading system with only 1-2% of trade documents handled in digital form worldwide. However, trade digitalisation is happening and the recent Electronic Trade Documents Act 2023 has been a huge game changer, removing the requirement to handle documents of title in paper form for every company using English law worldwide.
The prize is vast; $9 trillion in trade growth across the G7 and $2 trillion across The Commonwealth, plus $750 billion in additional trade finance and an 80% cut in trade transaction costs. Interoperability of platforms, processes, and systems is the solution to reaching scale and realising these economic benefits.
The future will be very different and fully digital. Trade digitalisation will help us make trade cheaper, faster, simpler and more sustainable especially for SMEs and supply chains who feel the burden of paper and bureaucracy the most.
The UK is leading the world in this space as a global champion on trade digitalisation at G7, G20, WTO and through the UK border strategy, single trade window, FTAs/DEAs.
By attending, you will learn the following:
- Insights and lessons learnt from the ICC C4DTI “Trade Digitalisation in Action – The Business Case” report highlighting results of programme
- Practical guidance on how to digitalise your trade transactions
- Benefits realisation – how to achieve a competitive advantage, cost savings and efficiency gains
- Find out how to take your first steps in digitalising trade transactions
- Discuss the implementation of digital trade transactions with leading industry experts
- Movers and shakers of the industry – who to work with
Virtual (UK Time), Zoom Webinar
Fundamentals of the digital trade ecosystem – talking about a revolution
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10:00-11:00 60mins |
Webinar 1 How do we start revolutionising the existing global digital trade ecosystem?
Moderator: Chris Southworth, Secretary-General, ICC United Kingdom
Speakers:
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14:00-15:00 60mins |
Webinar 2 How can SMEs digitalise their trade processes?
Moderator: TBC
Speakers:
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In-person (UK time), Deloitte, 2 New Street Square, London, EC4A 3BZ
Accelerating the implementation of digital trade – market delivery – the essential elements
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08:30-09:15 45mins
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Registration |
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09:15-09:30 15mins |
Welcome
Ben Powell / Lee Simpson, Deloitte
Introduction Market infrastructure and collaboration
Chris Southworth, Secretary General, ICC United Kingdom
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09:30-09:50 20mins |
Interview What’s wrong with the current system and why does it need fixing?
Interviewer: Nick Davies, Director, Centre for Digital Trade and Innovation
Interviewees:
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09:50-10:35 45mins |
Panel Discussion The business case for digitalisation: A corporate perspective
Moderator: Natalie Milsom, Commercial Director, ICC United Kingdom
Speakers:
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10:35-11:15 40 mins |
Panel Discussion The roadmap towards interoperability: Enabling digitalisation throughout the supply chain
A huge amount of progress has been made towards trade digitalisation in recent years but systems interoperability remains one of the key challenges to overcome. Public utility architecture and common standards are paramount to success. Without cohesive systems, it is extremely difficult for industry stakeholders to know where to commit their time and resources.
In this session, standards bodies, systems providers and supply chain actors will share insights on when changes are happening, offer digital solutions and share best practice examples. Panellists will discuss how they can work together with businesses throughout the supply chain to make interoperability a reality and ensure cheaper, faster, simpler trade.
Moderator: Sean Edwards, Chairman, International Trade and Forfaiting Association
Speakers:
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11:15-11:45 30 mins
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Networking break |
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11:45-12:30 45 mins |
Panel Discussion Removing paper bills of lading from trade
Moderator: TBC
Speakers:
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12:30-13:10 40 mins |
Panel Discussion Trade Finance Focus - How to unlock digitalisation?
Moderator: Wayne Mills, Corporate Finance Advisor to Corporate Digitalisation Taskforce, ICC United Kingdom
Speakers:
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13:10-14:10 60 mins
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Lunch |
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14:10-15:10 60 mins |
Breakout (Invitation only) The financial benefits of digitalising global supply chains - CFO roundtable
Moderator: Naresh Aggarwal, Associate Director Policy & Technical, Association of Corporate Treasurers
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14:10-15:10 60 mins
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Panel Discussion Is the law enabling or hindering the transition to digitalised trade?
Moderator: TBC
Speakers:
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15:10-15:40 30 mins
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Networking break |
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15:40-16:10 30 mins
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Panel Discussion How can the digitalisation of trade enable a more transparent and sustainable supply chain?
Moderator: TBC
Speakers:
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16:10-16:25 15 mins |
Keynote Address
Baroness Neville-Rolfe, Minister of State
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16:25-16:40 15 mins |
Summary Round up and takeaways
Chris Southworth, Secretary General, ICC United Kingdom
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16:40-17:30 50 mins
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Networking drinks |
Awards Ceremony
In-person, Lincoln's Inn, London, WC2A 3TL
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18:00-18:30 30mins
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Drinks Reception
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18:30-20:15 105mins
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Dinner
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20:15-21:00 45mins
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Awards
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21:00-22:00 60mins
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Networking
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David Dixon |
Made Smarter Project Lead, Teeside University |
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Max Hacon |
Programme Director, HM Revenue and Customs |
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Grant Hunter |
Director for Standards, Innovation and Research, BIMCO |
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Geraldine Iraheta |
Chief Commercial Officer, Digital Catapult |
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Pamela Mar |
Managing Director, ICC Digital Standards Initiative |
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Baroness Neville-Rolfe |
Minister of State |
| Dates & Venues |
Day 1 – online Day 2 – Deloitte, 1 New Street Square, London, EC4A 3HQ Awards Ceremony – Great Hall, Honourable Society of Lincoln’s Inn, Lincoln’s Inn, London, WC3A 3TL |
| Working languages | English |
| Cancellation policy |
We are more than happy to accept name changes to your guest list but once the booking form has been returned no refunds will be given. In the circumstances where the 2024 C4DTI Digital Trade Awards are postponed or cancelled all bookings will either be carried forward to a future Awards event or refunds will be offered. We shall not be liable to you for travel, accommodation, or other costs if we are required to cancel the Event as a result of an event outside our control (including, without limitation, to acts of God, floods, lightning, storm, fire, explosion, war, military operations, acts of terrorism or threats of any such acts, any strike action, lock-outs or other industrial action and a pandemic, epidemic or other widespread illness) |
For more information, please contact
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Valeria Minisini |
ICC UK Digital Marketing & Communications Manager |
+44 7432226581 |
vminisini@iccwbo.uk |
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Nicky Cox |
ICC UK Events Manager |
+44 7398813752 |
ncox@iccwbo.uk |
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Natalie Milsom |
ICC UK Commercial Director |
+44 7432226603 |
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