How an Investment Banker Views the Market for Logistics and Supply-Chain Tech

The Sparkasse Bank Malta is a regional bank with its headquarters in Malta. It offers financial services for individuals, businesses and public bodies. Sparkasse Bank Malta operates as a subsidiary of Sparkassen-Finanzgruppe, the largest cooperative banking group in Germany and one of the leading providers of retail banking and financial services in Europe.

Russell Smith, the bank’s senior investment banker in London, says: “Over the last five years, I have been working with several fintech companies and technology platforms. My job is to understand what innovations will happen and work out how they could be integrated into our business strategy.

We are trying to determine how the technology will change the way we provide our services in the coming years.”

“We are looking at new tools, analytics and different methods of providing our services. For example, I am currently working with a company that has developed a platform for supply-chain finance for logistics companies. These are highly regulated products, but this new technology saves a lot of the time and hassle involved in documenting everything. It also provides precise metrics on how much money you can lend to your customers and what kind of interest rate you should charge.”

“The potential is huge, and we are already in discussions about bringing this new platform into our banking operations. When we do, we will be able to support our logistics customers with their funding requirements more quickly and efficiently than ever before.”

“It is important for banks to be open and willing to adopt new technologies that can support their business strategy and help them compete with other businesses. So it’s interesting that the technology we use to fund our logistics customers may soon become available for small businesses and individuals as well.” Learn more: https://www.commonwealthofnations.org/organisations/sparkasse_bank_malta_plc/