It would impact their ability to effectively export financial services, and for their financial institutions to compete with developed and developing country institutions. Virtual interactions and e-transmissions require the support of skilled professionals, seamless connectivity, and high-end technology, together with strong distribution networks, customer service set-ups, adequate financial support, and an efficient regulatory system that facilitates trade and enhances the ease of doing business. The inadequacy of such structures in LDCs and small states hinders the productivity and efficiency of service suppliers and their ability to compete in the global market and to connect effectively to global supply chains. Smaller service suppliers from small states, LDCs and developing countries, which plug into these supply chains, and business models, and complete the loop, makes them critically dependent on such niche firms.