Igor Zaks (Zax), CFA, President and CEO of TenzorAI, was interviewed by Jack Large, Editor of Cash & Treasury Management File, on our approach to using AI to manage credit risk. Full webcast is available HERE
The interview targeted to Corporate treasury professionals covers some general approaches to managing credit risk, as well as demonstrating how TenzorAI tools can be deployed to make the process much more efficient, and the implications for credit managers, treasurers/CFOs and financial institutions financing receivable transactions.
Igor would present on a panel “The Digitalisation Debate: How Are New Technologies Impacting Short Term Trade Credit?”
The Digitalisation Debate: How Are New Technologies Impacting Trade Credit?
Technology in trade credit is not so much a question of if, more a question of when. The answer to that seems to be ‘very soon, if not now’ so instead this panel will look at the how. Much talk of a blockchain revolution and Artificial Intelligence has left many wondering how exactly this will impact the industry. So this panel will debate:
What are the current tools available for trade?
What impact could existing technologies have?
What are the obstacles to implementation?
What type of evolution are we going to see?
Igor Zax – President, Tenzor AI
Raj Iyer – Digital Platform Strategist, BNY Mellon
Rory Kaplan – Director – Offering Manager Trade and Supply Chain at CGI
Jason Prevette – Team Leader | Special Products Americas at Atradius
As a speaker, I am delighted to extend 20% speaker discount code for ExCred New York: FKW53662SPK . There is also limited number of complimentary passes available for traders, producers and corporates.
A practical guide to trade credit insurance
● Key drivers of US insurance market growth: Increasing insolvencies,
protectionist trade policies, and financial regulation
● Put some skin in the game: Which insurance solutions are best suited
to the US market? Considering whole turnover, excess of loss and
single risk policies
●What information is utilized by credit risk underwriters to assess
underwriting decisions? How significantly does this vary between
insurance policies / providers?
● Has the insurance market become increasingly adaptable to client
needs? Considering hybrid policies, higher limits on non-investment
grade names, and a willingness to insure ‘non-trade’ business
Moderator: Igor Zax, Managing Director, Tenzor Gary Mendell, President, Meridian Finance Group Paul Scobie, Head of Transaction Risk Management, Global Trade
& Receivables Finance, HSBC Peter Hunter, Vice-President, Trade Credit, Chicago, Chubb Jay LeClaire, Region Director, Sales & Marketing, Americas Region,Euler Hermes World Agency Agatha Liberatore, Senior Underwriter, XL Catlin
BLOCKCHAIN, AI & DIGITAL SUPPLY CHAINS: BRINGING TRADE INTO THE 21st CENTURY
Trade is ripe for innovation. This session pits the hottest technologies against each other in a X-factor style competition. An expert in each technology will give a 10-minute pitch to a panel of judges on why they think their technology will have the biggest impact on the trade sector. The audience will then decide the winner.
Blockchain: Louis De Bruin, Blockchain Leader, Europe, IBM
ArtificiaI Intelligence: Christophe Spoerry, Co-founder, Euler Hermes Digital Agency
Digital Supply Chains: Anil Sebastian, Senior Manager – Supply Chain, Microsoft Judges
Igor Zax, President, Tenzor Ltd
Kenneth Goodwin, Senior Managing Principal & President, Jeanensis Capital Markets Cristina Dolan, President and COO, InsureX
Igor Zax would moderate a panel:Trade credit risk management and insurance: How are practices evolving?
Moderator: Igor Zax, President, Tenzor
Jeffrey Abramson, Senior Vice-President, Head of Trade Receivable & Supply Chain Finance, XL Catlin
Jay LeClaire, Region Manager, Americas, Sales & Marketing, Euler Hermes World Agency
Jose Brito, Certified Credit Executive; Former Director of Credit, Tech Data Corporation
Why is trade credit insurance market penetration so low in the United
States compared to European markets?
Whole turnover Vs excess of loss Vs single risk: Which insurance
solutions are best suited to the US market?
Are technological developments making trade credit insurance more
relevant? How is trade credit risk management best practice evolving?
The panel, that was the closing panel of the conference included Ingo Schröder from Jebsen & Jessen and Chris Hyde from Mitigram and was focused on a corporate view of both banks and fintechs offerings and the degree in which such offerings addressing “real” corporate needs
Igor Zax, managing director of Tenzor Ltd, published a new article, Buyer Confirmed Receivables – Wider Market Implications , in the World Supply Chain Finance Report 2016, a major publication by BCR/Factorscan. The article is focused on use of buyer confirmed receivables across a variety of financing products, such as credit insurance, secularization, alternative fiance, distribution finance, as well as it’s technological and strategic implications.