Presentation by Alexis F. K. Aning, Chief Executive Officer, CCH Finance House Ltd, Osu – Accra. Ghana Session: Structured Trade and ICTs: Warehouse Receipt Finance and Commodity Exchanges on 5 Nov 2013 ICT4AG, Kigali, Rwanda

1. PRESENTATION BY: ALEXIS F.K ANING
C.E.O
COMMODITY BACKED WARRANTS
Osu – Accra. Ghana

2.  Framework for the operation of a Commodity Backed
Warrant scheme
 Set up to issue and trade in commodity backed fixed
income instruments in the Ghanaian money market to
finance Commodity trade.
 Comprehensive, fully automated facility for fixed
incomes securities trading (Both the issue of warrants
as well as the trading of money market instruments)
OVERVIEW

3.  Commodity producers and traders, including small scale
ones,
 The Economy – Money market
 Warehouse Owners / Operators
 Collateral Managers
WHO DOES IT
HELP?

4.  Of ground-breaking significance, it will provide a
mechanism in which a much broader pool of
commodity producers and traders, including small scale
ones, can readily and efficiently access funds for the
purposes of expansion, improved efficiency and
increased productivity.
WHAT DOES
IT DO?

5. 




Food Security
Low Productivity & Inefficiencies
Ineffective Value Chain
Poor Storage of commodities
Access to Commodity Financing
WHAT
PROBLEM
DOES IT
SOLVE ?

6.  Currently running a pilot but with significant impact in
less than a year :
 The only Financial House to provide financing strictly against
Warehouse Receipts (WHR) issued by the Ghana Grains Council
 Financed about 8000 MT of maize stock worth over
 Currently processing a USD 7.5M request for financing
 Easy access to financing using only the WHR as security (No other
fixed asset security)
 Main Design
 Aimed at providing support for sophisticated trading of complex
financial instruments in a real time, on-line environment.
 Integration of all of operational functions into a single database
system.
 Ensuring accuracy and process consistency through error trapping
and data entry limit controls.
 A close and accurate monitoring of the Central Bank Account Cash
Balances as well as Warrant Book Balances and Treasury Bill
Balances
 The instantaneous generation of contract letters, commodity backed
sell back agreements, funds transfer instruments, and securities
transfer letters, etc…
HOW HAS IT
HELPED TO
MAKE A
DIFFERENCE ?

7. FOR MORE DETAILS,
SEE YOU ON THE 4TH – 8TH NOVEMBER,
2013.