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The international digital trade ecosystem is undergoing a radical transformation, enabling industry to dramatically cut the cost and complexity of trade activities, improve access to trade finance and increase exports and economic growth.
Transformation is taking place across three pillars of work as set out by the ICC Digital Trade Roadmap; removing legal barriers and aligning legal frameworks, establishing open, interoperable digital standards, and supporting industry to adopt and transform trade operations. Combined, these activities will deliver trillions of dollars in efficiency savings and growth and transform the speed at which trade can take place.
The conference will focus on pillar three of the roadmap and will begin the process of preparing industry to capitalise on these developments with specific attention on establishing an interoperable digital trade environment. Sessions will be aligned to particular sectors and will look at systems, operations, processes, and use of interoperable standards. Each session will help identify barriers and opportunities to the creation of a modern fully digitalised trade ecosystem. They will bring together international industry experts from corporates, institutions, and advisories, putting a spotlight on key industry sectors, showcasing “best in class” digital adoption and asking basic questions such as:
- how to achieve interoperable systems across different industries
- are businesses ready and business models being adapted to the new trading environment?
- are new ICC Digital Standards being embedded into systems?
- are legal entity identifiers being used?
- is investment being targeted into the right places to capitalise on the opportunity to drive up efficiencies, remove unnecessary bureaucracy and cut trade costs?
*GMT Time Zone
9.00 – 10.00 |
WEBINAR 01 | Current State of Play This session will set the scene for the conference and provide the latest insights on reforms and standardisation and provide an opportunity for participants to engage directly with leading figureheads driving global transformation |
11.00 – 12.00 |
WEBINAR 02 | Transforming the Warehousing Sector Warehousing is a critical part of a country’s trade infrastructure with warehouse receipts being one of a small group of electronic transferrable records being digitalised through law reforms. This session will provide a deep dive into digitalisation across the sector including identifying barriers and bottlenecks to progress and opportunities for the future. |
14.00 – 15.00 |
WEBINAR 03 | Modernising Trade Finance Practices, Building the Business Case Legal reforms and standardisation will address over 50% of the global $3-5 trillion trade finance gap but banking is one of most heavily regulated sectors with highly complex processes and systems. This session will look at the internal business case for digital transformation, where smarter use of AI and technology can be deployed, how the ICC Uniform Rules on Digital Trade Transactions will play a role and how ICC digital standards are being integrated into existing systems and practices. |
*GMT Time Zone
09.00-10.00 |
WEBINAR 04 | Digitalising commodity transactions Commodities make up 25% of world trade with the sector being one of the leading investors in digital platforms and standards. This session will look at the internal business case for digital transformation, what systems are working, the challenges and opportunities facing the sector and the utilisation of BIMCO's new digital standard for the handling of wet and dry bulk. |
11.00-12.00 |
WEBINAR 05 | Digitalising and standardising shipping and logistics trade systems 95% of world trade is undertaken by the shipping and logistics industry with systems and processes needing to connect across industry and to government customs systems. Legal reforms and interoperable standards will play a crucial role in reducing unnecessary bureaucracy and removing key pain points. This session will look at where systems and processes can be improved, the challenges and opportunities facing the sector and the utilisation of FIATA’s new international digital standard for the freight and logistics.
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14.00-15.00 |
WEBINAR 06 | Digital identification as a building block for future trade Legal entity identifiers [LEIs] are used in some parts of the trading ecosystem to track and trace goods and finance but will become a fundamental building block in the future for all trading companies and are one of the ICC digital standards. However, only 4% of UK companies use LEIs and these are entirely finance related where LEI use is mandatory. This session looks at the UK as a case study and the latest analysis on where identifiers are used, barriers to mass adoption, the potential for mandatory use and GLEIF’s international legal entity identification system.
|
*GMT Time Zone
09.00-10.00 |
WEBINAR 07 | The Future for Digital Trade The government ambition is for the UK to become the global leader on digital trade. To enable this vision, ICC and Plexal have come together to create the ICC Centre for Digital Trade and Innovation, a new centre for frictionless trade and digital trade policy innovation hub, supported by the Department for International Trade, Department for Digital, Culture, Media and Sport and HM Revenue and Customs. The aim is to be the first country in the world to establish the private sector infrastructure necessary to foster digital trade innovation ecosystems, bringing together the latest technologies and approaches to frictionless trade facilitation as well as the forward-looking capability to identify and remove barriers to the growth of digital trade. The initiative will provide a forum to brainstorm and soundboard barriers/solutions to digital trade as well as commission research, pilot and test new approaches to trade. It will convene like-minded industry experts and thinkers to work alongside government to nurture a pipeline of opportunities to further digital trade growth. This session will be the formal public launch of the ICC Centre for Digital Trade and Innovation, and provides an opportunity to set out the vision, objectives, and future plans, led by some of the thought leaders behind the initiative. |
Richard Lewis |
Manager: Future Payments, Bank of England |
Oswald Kuyler |
Managing Director, ICC Digital Standards Initiative |
Merisa Lee Gimpel |
Managing Director, Head of Working Capital Solution Development, Lloyds Banking Group |
Andre Casterman |
Founder & MD, Casterman Advisory |
Carl Wegner |
Chief Executive Officer, Contour |
Satoru Someya |
Managing Director, Head of CEO’s Office and Head of Global & Alliance Business Dept, TradeWaltz Inc |
Grant Hunter |
Director for Standards, Innovation and Research, BIMCO |
Christopher Bush |
Regional Director, Asia Pacific Digital Trade, British High Commission, Singapore |
Clare Bottle |
CEO, UK Warehousing Association |
Rick Holyomes |
Digitising Trade Practise & Procedure (Digital Trade Team), International Directorate (He/His) |
Euan MacMillan |
Head of Digital Trade, Department for Digital, Culture, Media and Sport (DCMS |
Nick Davies |
Innovation Lead, HM Revenue and Customs |
Graham Floater |
Chief Negotiator for Digital Trade, Department for International Trade |
Andrew Roughan |
Managing Director, Plexal |
Dr Stephane Graber |
Director General, International Federation of Freight Forwarders Associations (FIATA) |
Chris Southworth |
Secretary General, ICC United Kingdom |
Eleanor Wragg |
Journalist, Global Trade Review |
Clare Rowley |
Head of Business Operations, GLEIF |
Patrick Zekkar |
CEO, Enigio |
James Hookham |
Secretary General, Global Shippers Forum |
Filip Koscielecki |
Senior Executive, Thomas Miller P&I |
Chris Warn |
Global Logistics Director, Customer Operations and Services Director, EMEA at Pentland Brands |
Date and venue |
6 April 2022 Online |
Registration fees |
Members: Free of charge Non-members: £150 |
Working language | English |
For further information please contact: events@iccwbo.uk