The survey is designed to give our readers valuable information with regard to the trade finance market and give them the opportunity to rank trade finance providers across a selection of service categories and an overall, global ranking of providers as rated by their clients.
The survey is split into three parts: the trade finance provider nominations; the market share splits; and the service category ratings.
Clients nominate their top-three trade finance providers globally, by region and domestically. Providers receive four points for a 1st place nomination, three points for 2nd place and two points for 3rd. These scores are then totalled to produce a ranking.
The average percentage of business each client trades with each provider – globally and by region. Each client gives a percentage of business they trade with each of their providers and this is averaged globally/by each region. This will enable us to produce market share rankings by geography.
For the individual service categories, the score is the arithmetic mean of the ratings for that category.
Votes are not included in the survey where:
· Service providers cast a vote for themselves;
· Euromoney does not receive confirmation from the respondent of their identity;
· An individual respondent submits more than one ballot and we cannot resolve the duplication;
· A respondent’s volume is duplicating that of a colleague’s from the same institution.
Last year we received 2,288 valid responses to the survey.