Market Research

Market research is a critical but often overlooked component to any longer-term strategy development. Are you able to readily respond to key questions like how much does is cost you to process a letter of credit and how does this cost compare to industry average? Or what services are your importers and exporters looking for from a Bank and are you equipped to provide these services? TradeEvolution works in conjunction with several research partners that specialize in capturing data and performing surveys and research within the Trade and Global Supply Chain market space. Whether it is in interviewing and research around your specific customers or your looking for research on cross bank or cross industry, TradeEvolution can help in providing the necessary research services.

The following is a short list of research projects which we can provide for Banks:

4 Customer Needs Assessment

4 Industry Benchmarking

4 In/Outsourcing Research

4 Financial Supply Chain Research

Customer Needs Assessment

Trade Banking is complex and changing. Customer needs are evolving faster than ever creating a gap with the bank's products and services. It is clear that the banks will have to become more deeply involved in customer supply chains, not a traditional area of competency for banks. Without an accurate understanding of market needs, especially the bank's customers, it is impossible to re-align correctly.

Industry Benchmarking

Banks are having to re-align their businesses to meet the new demands of the market place. Gaining intelligent insight into how your bank is comparing to industry average in areas such as operations efficiency and customer servicing is a critical element in remaining competitive.

In/Outsourcing Research

What emerging sourcing models exist in the industry and which ones are the most effective. Who are the leading BPO and ASP providers and what makes them different?

Financial Supply Chain Research

What emerging Supply Chain models and solutions exist in the industry and which ones are the most effective. What are importers and exporters really looking for from Banks? What product offerings exist that banks can leverage to get into hot areas such as Open Account and Receivables Financing.