Each year the world’s leading supply chain finance experts gather for a unique event many describe as the trade finance highlight of the year. The summit will provide a unique opportunity to learn from experienced corporates and senior bankers about their visions and strategies in the area of supply chain finance. With the climate of volatility during this economic crisis, innovations in working capital solutions are more vital now than ever before.
Daniel Schmand, Head of Trade Finance and Cash Management Corporates EMEA, Deutsche Bank, Germany, and Member of the Advisory Board of the ICC Banking Commission, said: “The summit will cover how supply chain financing works for small and medium enterprises, the rise of factoring and reverse factoring, and the role and use of forfaiting in the 21st century. There will also be an exclusive discussion on the key findings from the industry-wide supply chain financing terminology project.”
Summit delegates will have a chance to extensively widen their networks in the banking industry, and take advantage of other benefits including earning 12 CDCS related PDUs.
André Casterman, Head of Corporate and Supply Chain Markets, SWIFT, Belgium, and Member of the Executive Committee, ICC Banking Commission said: “The event gathers for two days some of the world’s most respected supply chain financing experts who bring their valuable expertise on the best solutions to maintain resilient supply chains.”
“After only two editions, this event has become one of the most important ones in the calendar of professionals working in the field of trade and supply chain finance such as chief financial officers, corporate credit and risk managers, corporate treasurers, bankers, and insurers,” he added.
This year the summit will feature for the first time a new Supply Chain Simulation workshop which will take place on 21 October. This new, web-based simulation game gives a practical experience of supply chains in four rounds, from linking the physical and financial supply chain to financial supply chain collaboration.
The interactive event will also teach participants how to balance the constraints and manage the interdependencies of the physical and financial supply chain.
The ICC Banking Commission is a leading global policy and rule-making body for the banking industry. With its network of over 550 members in 85 countries, the commission has gained a reputation as the most authoritative voice in the field of trade finance.
The event is sponsored by African Export-Import Bank, China Systems, Commerzbank, Santander, Surecomp, Codix, Bibby Financial Services and Demica.