The document provides information about Proactive Credit Management, a leading European company that specializes in outsourcing order-to-cash processes. It has over 25 years of experience, 10 country offices, over 8,000 customers, and manages over €3 billion in credits. The company offers various services including credit collection, risk management, document management, credit CRM, auditing and consulting to optimize customers' credit cycles.
FinTech Belgium – Fintech Belgium MeetUp on Asset Management – P. Boydens – H...FinTech Belgium
Harmoney is a multidisciplinary team of compliance and regulatory technology experts based in Belgium and France that provides an onboarding and compliance management platform. The platform goes beyond just automating processes by utilizing domain modeling, microservices, and knowledge bases to streamline compliance workflows. It allows for risk-based assessments, eliminates duplicate data entry, and reduces onboarding times by 50% while maintaining 100% compliance. Harmoney's technology aims to relieve asset managers of their compliance burdens so they can focus on serving clients.
FinTech Belgium – Fintech Belgium MeetUp on Asset Management – M. Verbeke – C...FinTech Belgium
This document discusses Complidata solutions for asset managers to improve their KYC/CDD and AML compliance processes using artificial intelligence-driven automation. It notes the challenges of new regulations, complex corporate structures, and lengthy manual onboarding processes. The solution aims to speed up and make more efficient the due diligence of various entity types and collection of documentation through features like automated data retrieval, intelligence searches, document digitization, risk scoring, and data extraction using microservices with AI. The goal is to help asset managers meet evolving regulatory demands, enhance process efficiency, and mitigate compliance risks.
Trinity Trade Services provides a one-stop solution for global trade transactions through end-to-end support in trade finance documentation and processes. With over 8 years of experience in international trade finance, their team of certified trade finance specialists help importers and exporters understand trade finance products, mitigate risks, prepare accurate documentation, and ensure timely receipt of payments. Trinity Trade Services consults on structuring optimal trade finance deals and provides training and support services across various trade finance instruments.
The document discusses Export Edge's letter of credit (LC) management system and services. It highlights how the system can streamline clients' LC processes, reduce costs through faster payments and fewer discrepancies, and provide flexible reporting. Export Edge offers expertise in LC documentation for over 50 countries gained over 25+ years. Key benefits mentioned include up to 7 days savings on processing, consistent cash flow, increased profits, and reduced bank charges and errors.
Trust Operations is responsible for processing record keeping, tax reporting, income collection, disbursement processing, and customer service for trust and customer accounts. The department provides services such as detailed recordkeeping, asset custody, income processing, bill payments and distributions, tax payments, statements, and tax reporting documents. The team of 4 employees has over 73 years of combined experience. Their roles include account maintenance, income deposits, transaction processing, reconciliations, and providing backup support across different operations desks. The department has taken on additional work without increasing staff by implementing process automation and cross-training employees. Future projects include enhancing the online access system and implementing cost basis reporting. The department aims to deliver high quality work and service to trust clients
René Constantijn van der Wouden is a Dutch citizen currently working as the owner of RCW Credit Management and Finance. He has over 20 years of experience in credit analysis, risk management, and legal collections. His background includes positions at BHP Billiton, Ingram Micro, Goudse Verzekeringen, and various collection agencies. He holds a propaedeutic diploma in Dutch law from Leiden University and speaks English and Dutch fluently.
FinTech Belgium – Fintech Belgium MeetUp on Asset Management – P. Boydens – H...FinTech Belgium
Harmoney is a multidisciplinary team of compliance and regulatory technology experts based in Belgium and France that provides an onboarding and compliance management platform. The platform goes beyond just automating processes by utilizing domain modeling, microservices, and knowledge bases to streamline compliance workflows. It allows for risk-based assessments, eliminates duplicate data entry, and reduces onboarding times by 50% while maintaining 100% compliance. Harmoney's technology aims to relieve asset managers of their compliance burdens so they can focus on serving clients.
FinTech Belgium – Fintech Belgium MeetUp on Asset Management – M. Verbeke – C...FinTech Belgium
This document discusses Complidata solutions for asset managers to improve their KYC/CDD and AML compliance processes using artificial intelligence-driven automation. It notes the challenges of new regulations, complex corporate structures, and lengthy manual onboarding processes. The solution aims to speed up and make more efficient the due diligence of various entity types and collection of documentation through features like automated data retrieval, intelligence searches, document digitization, risk scoring, and data extraction using microservices with AI. The goal is to help asset managers meet evolving regulatory demands, enhance process efficiency, and mitigate compliance risks.
Trinity Trade Services provides a one-stop solution for global trade transactions through end-to-end support in trade finance documentation and processes. With over 8 years of experience in international trade finance, their team of certified trade finance specialists help importers and exporters understand trade finance products, mitigate risks, prepare accurate documentation, and ensure timely receipt of payments. Trinity Trade Services consults on structuring optimal trade finance deals and provides training and support services across various trade finance instruments.
The document discusses Export Edge's letter of credit (LC) management system and services. It highlights how the system can streamline clients' LC processes, reduce costs through faster payments and fewer discrepancies, and provide flexible reporting. Export Edge offers expertise in LC documentation for over 50 countries gained over 25+ years. Key benefits mentioned include up to 7 days savings on processing, consistent cash flow, increased profits, and reduced bank charges and errors.
Trust Operations is responsible for processing record keeping, tax reporting, income collection, disbursement processing, and customer service for trust and customer accounts. The department provides services such as detailed recordkeeping, asset custody, income processing, bill payments and distributions, tax payments, statements, and tax reporting documents. The team of 4 employees has over 73 years of combined experience. Their roles include account maintenance, income deposits, transaction processing, reconciliations, and providing backup support across different operations desks. The department has taken on additional work without increasing staff by implementing process automation and cross-training employees. Future projects include enhancing the online access system and implementing cost basis reporting. The department aims to deliver high quality work and service to trust clients
René Constantijn van der Wouden is a Dutch citizen currently working as the owner of RCW Credit Management and Finance. He has over 20 years of experience in credit analysis, risk management, and legal collections. His background includes positions at BHP Billiton, Ingram Micro, Goudse Verzekeringen, and various collection agencies. He holds a propaedeutic diploma in Dutch law from Leiden University and speaks English and Dutch fluently.
Service Marketing Mix In Sub-Brokerage FirmSuravi Pradhan
This document outlines the service marketing mix of a sub-broking firm. It discusses the business model, products, pricing, place, promotion, physical evidence, process, people, cost estimation, revenue estimation, and break-even point analysis. The key services offered are demat account opening, stock broking, commodity/currency trading, market research, and wealth management. Pricing follows a penetrating strategy to compete in the market. The sub-broker aims to set up an office in Kolkata and use digital channels and referrals to promote its services and acquire new clients.
BM&A is an independent audit and advisory firm with over 30 years of experience. It has 18 partners and 100 staff across its two offices in Paris and Lyon. BM&A provides a range of services including statutory auditing, consulting, crisis support, financial services, and operational support. It aims to foster close client relationships through its entrepreneurial approach and senior teams with expertise across industries.
FIS Open Test Solutions provides EMV migration consulting services to help organizations transition to EMV chip card payments. They have over 25 years of experience working with global banks, payment networks, and processors on EMV. Their team of US-based EMV consultants can provide strategic advisory services, project management, education and training to ensure a smooth migration. They take a customized, long-term partnership approach to develop solutions that meet their clients' needs and expectations for the EMV transition.
Mitigating risk in the corporate actions lifecycle –Kerry White
This document summarizes challenges in the corporate actions lifecycle and opportunities for improvement. It outlines the key stages in the lifecycle and issues like increasing volume, complexity, and lack of automation. The top impediments to automation projects are difficulties building a business case and competing priorities. Without addressing these issues, firms may face losses, increased costs, and sub-optimal investment decisions. Regulatory changes are also creating new operational impacts. Overall, adopting standards and automation could streamline processing and improve data quality and timeliness, benefiting industry players.
Martin kemp cv project manager February 2016Martin Kemp
I am an experience Project and Programme Manager working within the finance sector, within Cash Management and Payments. I have extensive Payments knowledge from the initiation of a payment, through to delivery and the reporting back to the originator, I am also a SWIFT SME.
Webinar summary: Efficient end-to-end integration testing with the XMLdation Service
In a webinar on 25 November, XMLdation gave an overview on the use of the XMLdation Service for efficient end-to-end integration testing and to support straight-through-reconciliation integration (STR).
Plain validation of outgoing XML messages does not suffice for proper integration testing. While messages sent to the bank have indeed to be valid, corporates also face the need to test the handling of banks’ response files. The XMLdation Service caters to both needs: it not only validates all transaction types sent to banks by corporates, but returns the payment status reports (pain.002) or account statement reports (camt.053, camt.054) that corporates have to integrate to their processes.
A leader in global merchant transaction processing solutions, Alliance Processing is dedicated to solving client's unique processing needs and challenges.
The document summarizes the services provided by DEAS Property Asset Management, a Danish company established in 1989 that manages property investments. It provides a full range of services including asset management, property administration, facility services, technical building consulting, and real estate agency services. It has approximately 1,000 customers and manages over 70,000 units. The company aims to optimize customer returns through active management and pursuing profitable modernizations, conversions and portfolio adjustments.
A leader in global merchant transaction processing solutions, Alliance Processing is dedicated to solving client's unique processing needs and challenges.
This session is designed specifically for organizations who are considering Kyriba and have not implemented Kyriba. Long time Kyriba client, Manny Martinez of Rockefeller Group, will present "a typical treasury day at Rockefeller" supported by the use of Kyriba and will include what pending users need to know about approaching an implementation of Kyriba, what benefits users of the system should expect to see, and how to continually improve your use of treasury technology.
Speakers:
- Unicredit Paola Baldizzone: Challenges in managing XML Payments Standards
- Vee H. Khong: Testing and simulating SEPA Direct Debit Payment Process
Digital Onboarding Made Easy with the Inception of AI-Based AlgorithmsSignzy
Today, customer's demands are increasing continuously for better digital banking experiences as they get in other industries. There are some reasons in which banks can focus to revolutionize the onboarding experience such as Digitize processes, indeed, Allow customers to bank anytime, Collect data once and Personalize experiences. for more details, visit Signzy today!
Vee Technologies provides finance and accounting outsourcing services through its division Vee FnA. With over 1200 professionals across multiple locations, Vee FnA manages end-to-end finance and accounting processes for both emerging and established clients. For 14 years, Vee FnA has delivered extraordinary outcomes and consistently exceeded client expectations by taking on complex finance and accounting functions.
The VAT Specialist/Assistant role provides VAT expertise and support to clients and other assistants. The specialist will join a growing team of indirect tax experts responsible for managing VAT registrations for over 100 global clients. Key responsibilities include preparing VAT filings, handling client and tax authority queries, mentoring assistants, and staying up to date on legislative VAT developments. The ideal candidate has 6-24 months of tax or financial services experience, proficiency with office software, strong communication skills, and a willingness to continuously learn.
The Client Facing team manages channels at FBN Capital to ensure the right investment products meet clients' needs. It offers mutual funds, bonds, notes, portfolio management services, and more through various hubs including e-channels, direct sales, private banking, and working with First Bank branches. The team faces challenges with limited software features, paperwork, staffing levels and competitive rates but aims to improve the online experience for clients and incentivize bank branches to increase transactions.
This document discusses a company that invests in non-performing loans, receivables, bankruptcies, and claims. Over the past 15 years, the company has acquired 23 portfolios totaling over 234 million euros. The company's servicing includes a team of collection and contact specialists, skip tracing functionality, and pre-legal and judicial support. The company manages over 60,000 payments per year and collects over 1 million euros per month.
Mostafa Bahgat is seeking a position that allows him to utilize his communication skills and experience. He has over 8 years of experience in banking operations and trade finance at Arab African International Bank. He is currently the Head of Operations Cash and has held prior roles as a Teller and Operations Officer. Mostafa has a Bachelor's degree in Commerce from Ain Shams University and specialized banking certifications.
We conduct an independent assessment of Anti-money Laundering(AML), Combating the Financing of Terrorism & Sanctions(CFT) Compliance Frameworks in UAE.
The document describes the responsibilities of a Relationship Manager role for foreign exchange services. The key responsibilities include driving forex business through various channels, coordinating with other teams, providing guidance on limits and documentation, auditing branches, training staff, managing two regions and over 200 staff, monitoring business metrics, ensuring compliance, and mobilizing business from important customers. The role also manages wealth management clients, provides NRI banking services, and previously served as a Deputy Branch Manager.
Sunny Rajak is seeking a career opportunity utilizing his skills in mechanical design and development in the lighting industry. He has a Bachelor's degree in Electronics and Communication Engineering from WBUT College of Engineering & Management. His professional experience includes completing projects in wireless data communication systems and wireless extender for IR remote control. He has strong skills in C, VHDL, MS Office, and Xilinx tools.
The document discusses 5 art hotels in Europe that integrate art into the hotel experience. The Byblos Art Hotel in Italy has an art collection displayed throughout the elegant villa. The Thief hotel in Oslo employs an art curator and displays art in each room. The Sofitel in Vienna was designed by Jean Nouvel as a work of art itself. Brody House in Budapest houses an eclectic art collection throughout its rooms and communal areas. Hotel Crayon and Hotel Crayon Rouge in Paris feature playful illustrations as wallpaper and throughout the interior.
La evaluación del desempeño de un empleado implica estimar su rendimiento general basado en estándares de desempeño y mediciones objetivas de sus responsabilidades laborales. Sin embargo, las calificaciones subjetivas del evaluador pueden distorsionar los resultados debido a prejuicios, efectos recientes, tendencias centrales o razones subconscientes, por lo que se deben implementar métodos para reducir estas distorsiones.
Service Marketing Mix In Sub-Brokerage FirmSuravi Pradhan
This document outlines the service marketing mix of a sub-broking firm. It discusses the business model, products, pricing, place, promotion, physical evidence, process, people, cost estimation, revenue estimation, and break-even point analysis. The key services offered are demat account opening, stock broking, commodity/currency trading, market research, and wealth management. Pricing follows a penetrating strategy to compete in the market. The sub-broker aims to set up an office in Kolkata and use digital channels and referrals to promote its services and acquire new clients.
BM&A is an independent audit and advisory firm with over 30 years of experience. It has 18 partners and 100 staff across its two offices in Paris and Lyon. BM&A provides a range of services including statutory auditing, consulting, crisis support, financial services, and operational support. It aims to foster close client relationships through its entrepreneurial approach and senior teams with expertise across industries.
FIS Open Test Solutions provides EMV migration consulting services to help organizations transition to EMV chip card payments. They have over 25 years of experience working with global banks, payment networks, and processors on EMV. Their team of US-based EMV consultants can provide strategic advisory services, project management, education and training to ensure a smooth migration. They take a customized, long-term partnership approach to develop solutions that meet their clients' needs and expectations for the EMV transition.
Mitigating risk in the corporate actions lifecycle –Kerry White
This document summarizes challenges in the corporate actions lifecycle and opportunities for improvement. It outlines the key stages in the lifecycle and issues like increasing volume, complexity, and lack of automation. The top impediments to automation projects are difficulties building a business case and competing priorities. Without addressing these issues, firms may face losses, increased costs, and sub-optimal investment decisions. Regulatory changes are also creating new operational impacts. Overall, adopting standards and automation could streamline processing and improve data quality and timeliness, benefiting industry players.
Martin kemp cv project manager February 2016Martin Kemp
I am an experience Project and Programme Manager working within the finance sector, within Cash Management and Payments. I have extensive Payments knowledge from the initiation of a payment, through to delivery and the reporting back to the originator, I am also a SWIFT SME.
Webinar summary: Efficient end-to-end integration testing with the XMLdation Service
In a webinar on 25 November, XMLdation gave an overview on the use of the XMLdation Service for efficient end-to-end integration testing and to support straight-through-reconciliation integration (STR).
Plain validation of outgoing XML messages does not suffice for proper integration testing. While messages sent to the bank have indeed to be valid, corporates also face the need to test the handling of banks’ response files. The XMLdation Service caters to both needs: it not only validates all transaction types sent to banks by corporates, but returns the payment status reports (pain.002) or account statement reports (camt.053, camt.054) that corporates have to integrate to their processes.
A leader in global merchant transaction processing solutions, Alliance Processing is dedicated to solving client's unique processing needs and challenges.
The document summarizes the services provided by DEAS Property Asset Management, a Danish company established in 1989 that manages property investments. It provides a full range of services including asset management, property administration, facility services, technical building consulting, and real estate agency services. It has approximately 1,000 customers and manages over 70,000 units. The company aims to optimize customer returns through active management and pursuing profitable modernizations, conversions and portfolio adjustments.
A leader in global merchant transaction processing solutions, Alliance Processing is dedicated to solving client's unique processing needs and challenges.
This session is designed specifically for organizations who are considering Kyriba and have not implemented Kyriba. Long time Kyriba client, Manny Martinez of Rockefeller Group, will present "a typical treasury day at Rockefeller" supported by the use of Kyriba and will include what pending users need to know about approaching an implementation of Kyriba, what benefits users of the system should expect to see, and how to continually improve your use of treasury technology.
Speakers:
- Unicredit Paola Baldizzone: Challenges in managing XML Payments Standards
- Vee H. Khong: Testing and simulating SEPA Direct Debit Payment Process
Digital Onboarding Made Easy with the Inception of AI-Based AlgorithmsSignzy
Today, customer's demands are increasing continuously for better digital banking experiences as they get in other industries. There are some reasons in which banks can focus to revolutionize the onboarding experience such as Digitize processes, indeed, Allow customers to bank anytime, Collect data once and Personalize experiences. for more details, visit Signzy today!
Vee Technologies provides finance and accounting outsourcing services through its division Vee FnA. With over 1200 professionals across multiple locations, Vee FnA manages end-to-end finance and accounting processes for both emerging and established clients. For 14 years, Vee FnA has delivered extraordinary outcomes and consistently exceeded client expectations by taking on complex finance and accounting functions.
The VAT Specialist/Assistant role provides VAT expertise and support to clients and other assistants. The specialist will join a growing team of indirect tax experts responsible for managing VAT registrations for over 100 global clients. Key responsibilities include preparing VAT filings, handling client and tax authority queries, mentoring assistants, and staying up to date on legislative VAT developments. The ideal candidate has 6-24 months of tax or financial services experience, proficiency with office software, strong communication skills, and a willingness to continuously learn.
The Client Facing team manages channels at FBN Capital to ensure the right investment products meet clients' needs. It offers mutual funds, bonds, notes, portfolio management services, and more through various hubs including e-channels, direct sales, private banking, and working with First Bank branches. The team faces challenges with limited software features, paperwork, staffing levels and competitive rates but aims to improve the online experience for clients and incentivize bank branches to increase transactions.
This document discusses a company that invests in non-performing loans, receivables, bankruptcies, and claims. Over the past 15 years, the company has acquired 23 portfolios totaling over 234 million euros. The company's servicing includes a team of collection and contact specialists, skip tracing functionality, and pre-legal and judicial support. The company manages over 60,000 payments per year and collects over 1 million euros per month.
Mostafa Bahgat is seeking a position that allows him to utilize his communication skills and experience. He has over 8 years of experience in banking operations and trade finance at Arab African International Bank. He is currently the Head of Operations Cash and has held prior roles as a Teller and Operations Officer. Mostafa has a Bachelor's degree in Commerce from Ain Shams University and specialized banking certifications.
We conduct an independent assessment of Anti-money Laundering(AML), Combating the Financing of Terrorism & Sanctions(CFT) Compliance Frameworks in UAE.
The document describes the responsibilities of a Relationship Manager role for foreign exchange services. The key responsibilities include driving forex business through various channels, coordinating with other teams, providing guidance on limits and documentation, auditing branches, training staff, managing two regions and over 200 staff, monitoring business metrics, ensuring compliance, and mobilizing business from important customers. The role also manages wealth management clients, provides NRI banking services, and previously served as a Deputy Branch Manager.
Sunny Rajak is seeking a career opportunity utilizing his skills in mechanical design and development in the lighting industry. He has a Bachelor's degree in Electronics and Communication Engineering from WBUT College of Engineering & Management. His professional experience includes completing projects in wireless data communication systems and wireless extender for IR remote control. He has strong skills in C, VHDL, MS Office, and Xilinx tools.
The document discusses 5 art hotels in Europe that integrate art into the hotel experience. The Byblos Art Hotel in Italy has an art collection displayed throughout the elegant villa. The Thief hotel in Oslo employs an art curator and displays art in each room. The Sofitel in Vienna was designed by Jean Nouvel as a work of art itself. Brody House in Budapest houses an eclectic art collection throughout its rooms and communal areas. Hotel Crayon and Hotel Crayon Rouge in Paris feature playful illustrations as wallpaper and throughout the interior.
La evaluación del desempeño de un empleado implica estimar su rendimiento general basado en estándares de desempeño y mediciones objetivas de sus responsabilidades laborales. Sin embargo, las calificaciones subjetivas del evaluador pueden distorsionar los resultados debido a prejuicios, efectos recientes, tendencias centrales o razones subconscientes, por lo que se deben implementar métodos para reducir estas distorsiones.
O Grêmio venceu o Atlético Mineiro por 2 a 0 fora de casa. O Grêmio marcou os dois gols no segundo tempo e se firmou no G4 do Brasileirão, entrando na briga pelo título.
We are an outsourcing company located in Popayan, Colombia that provides business process outsourcing (BPO) and contact center services. We have over six years of experience working with companies in various industries such as banking, healthcare, consumer goods, and others. We offer customized solutions to meet the specific needs of each sector, with services that include contact center outsourcing, social media management, marketing, back office support, and mobile app development.
MoretonSmith provides receivables management solutions including credit control, debt recovery, legal services, and collections software. For over 20 years, they have helped clients collect more of what they are owed more efficiently while preserving customer relationships. They use a combination of international collections services and collections technology to achieve outstanding performance. MoretonSmith has the experience and expertise to help organizations with problems recovering debts at home or abroad.
3. Empower Informed Decisions: Data-Driven NBFC Software for Smarter Lendingfinstasoftware123
Non-Banking Financial Companies (NBFCs) are the backbone of the Indian financial services. They are great enablers of financial inclusion as they support the growth aspirations of industries and people even in the remote corners of the country. FiNSTA, a flagship product of Kapil IT, is a cutting-edge NBFC software that helps NBFCs to minimize their operational risks and achieve optimal efficiency.
3. Empower Informed Decisions: Data-Driven NBFC Software for Smarter Lendingfinstasoftware123
Non-Banking Financial Companies (NBFCs) are the backbone of the Indian financial services. They are great enablers of financial inclusion as they support the growth aspirations of industries and people even in the remote corners of the country. FiNSTA, a flagship product of Kapil IT, is a cutting-edge NBFC software that helps NBFCs to minimize their operational risks and achieve optimal efficiency.
Flatworld mortgage services overview rob porgesRobPorges
Flatworld provides mortgage and financial services outsourcing to clients in the US, Canada, Europe, Australia, and other regions. It has delivery centers in India, Philippines, and other locations. Services include loan origination, underwriting, processing, and servicing. The document discusses Flatworld's vision, global delivery network, services offered, outsourcing considerations, and case studies of clients who achieved benefits like reduced costs, quicker turnaround times, and increased capacity through outsourcing to Flatworld.
Credit Management Group UK provides complete solutions to your commercial credit management issues.
We have provided expert commercial credit management services for the last 25 years. Industries we work for include: National Utilities, Construction, Manufacturing, Recruitment, Distributers, Architects, Accountants, Solicitors, Barristers, Marketing Companies, Web Site Designers and many more.
The size of our clients range from micro businesses to £103m turnover private companies and National utilities.
Whatever your issues with business to business debt, we can help you improve your cash flow in a customer focused way, reduce your risk to bad debt and protect your profit.
Credit Management Group UK provides complete solutions to your commercial credit management issues.
We have provided expert commercial credit management services for the last 25 years.
Industries we work for include: National Utilities, Construction, Manufacturing, Recruitment, Distributers, Architects, Accountants, Solicitors, Barristers, Marketing Companies, Web Site Designers and many more.
The size of our clients range from micro businesses to £103m turnover private companies and National utilities.
We have a track record of consistently delivering beyond our client’s expectations.
Whatever your issues with business to business debt, we can help you improve your cash flow in a customer focused way, reduce your risk to bad debt and protect your profit.
The document discusses the residential mortgage services offered by NewOak Credit Services, including credit underwriting and due diligence, mortgage regulatory compliance, servicing oversight and advisory, and RMBS litigation and enforcement actions. NewOak provides consulting, advisory, and professional services to help clients address challenges in areas like regulatory compliance, risk management, and legal issues throughout the loan lifecycle.
This document discusses plastic cards and electronic banking. It defines plastic cards as electronic cards issued by banks that allow 24/7 access to accounts. The main types are debit cards, which access available account balances, and credit cards, which allow spending beyond balances up to credit limits. Electronic banking is defined as transferring funds electronically between financial institutions rather than with physical cash or instruments. It offers conveniences like accessing accounts remotely but also risks like electronic fraud. Advantages include convenience while disadvantages include learning curves and potential system issues.
This document provides an overview of a company that specializes in trade finance and investment finance. It outlines the company's introduction, importance of trade finance, offices locations, network of agents, ideal clients, competitive advantages, services, and process. The company works to expand trade finance services globally and provides financing options like letters of credit, guarantees, and bonds to importers and exporters.
The ICC Academy provides online certifications, training courses, and events on trade finance and international business topics. It offers three certification programs covering global trade, trade finance, and export/import that include e-learning modules and exams. Recent initiatives include collaborations with other organizations to provide training to their members and new webinars on emerging topics in trade and supply chain finance. The digital platform allows professionals worldwide to access high-quality, flexible learning opportunities to advance their knowledge and careers.
The presentation starts with an overview on Transaction Banking products. It describes some innovations and best practices in the industry globally. Finally, it compares the major banking players and their maturity level in providing transaction banking services in Oman.
End-to-End KYC Training Certification : Unlock a world of compliance expertise with our End-to-End KYC Training Certification! Master the intricacies of AML and KYC processes, from client onboarding to regular reviews. Elevate your career with comprehensive insights into diverse entity types, attribute identification, sanctions, PEPs, and more. Join us to gain a competitive edge in the dynamic world of KYC with placement.
Join our comprehensive KYC (Know Your Customer) Training Program, meticulously crafted to equip you with essential skills for success in banking and finance. Benefit from 12 interactive trainer-led sessions, offering flexibility with live or recorded options. Sharpen your skills with hands-on practice test cases and receive personalized feedback to refine your abilities. Gain exclusive access to our eStraLux KYC Vault tool for efficient case processing. Learn ATS-friendly resume building, interview preparation, and job placement assistance in reputable MNCs and investment banks across India. Enjoy flexible timing and access to recorded sessions for convenient learning.
Efficient and Reliable Virtual Bookkeeping Solutions.pptxtamannagarggarg
Harshwal & Company LLP is your reliable Virtual Bookkeeping Service company. We customized our service to meet the specific and unique needs of our clients. We ensure the accuracy of every financial detail and offer the best services. We have an expert team equipped with the latest tools and technology and provide timely and secure financial assistance.
https://www.harshwal.com/virtual-book-keeping
The document discusses factoring, which is a form of business financing where a company can sell its accounts receivable to a factoring company in exchange for immediate cash. The factoring company assumes the credit risk and collects payment from customers. Key points covered include:
- How factoring works, with the company generating invoices, sending them to the factor who pays a percentage upfront and collects payments.
- Usual preconditions for factoring include good creditworthy customers, verifiable receivables, final sales with no disputes, and completely delivered services or products.
- There are two main types of factoring - non-recourse where the factor assumes all risk of loss, and full recourse where
The document discusses factoring as a form of business financing. It defines factoring as selling accounts receivable to a factoring company in exchange for immediate cash, at a discount. The factoring company then assumes the credit risk and collects payment from debtors. It provides the key aspects of how factoring works, the usual preconditions for eligibility, and the types of factoring agreements (recourse vs. non-recourse). Finally, it outlines the main advantages of quicker cash flow and risk transfer but also notes the potential disadvantage of affecting customer relations.
Similar to WCMG - Working Capital Managament Group (20)
3. 3 |
COMPANY PROFILE INTERNATIONAL PRESENCE
La Difesa
Switzerland
WCMG
Luxembourg
WCM
Poland
Order to
cash Mngt.
Marocco
WCM
Bulgaria
Groupe Abri
France-Monaco
AT
Slovenia & Croatia
WCMG
ItalyI.B.E.
Spain
EUROGEC
France
Centrik
Belgium
The Working Capital
Management Group
(WCMG), founded in Italy
more than 25 years ago, is
now one of the European
leading companies in the
outsourcing of the “order to
cash” process
OFFICES
Italy
France
Spain
Switzerland
Belgium
Slovenia
Bulgaria
Poland
Luxembourg
Morocco
4. 4 |
• Allow our customers to concentrate on
their“Core Business”.
• Working with our customers in Europe to
focus them on their “core business” and
using the differences among countries to
gain competitive advantage.
• Assist our clients in the cycle of the active
“Credit and Risk Management”,
• Proposing personalized services all over
Europe, with the purpose to improve the
payment delays and the cash flow of our
clients.
WCMG
added value
• WCMG services are designed to optimize the credit cycle in order to increase and protect the company’s value over time
• WCMG focuses on its customers and anticipates their needs providing innovative services
• WCMG is able to guarantee direct presence in 10 Countries
COMPANY PROFILE VISION & MISSION
VISION MISSION
5. 5 |
• 23% compound annual growth rate (last 4 years)
• > € 3 Bn of credits under management
• 8.000+ Customers all over Europe
• 500.000+ positions under management
• 1.000+ people including employees and consultants
• 300 credit specialists
• 320 phone collectors
• 250 home collectors
• 300 foreign law firms partner of the Group
GROUP TURNOVER
million €
COMPANY PROFILE KEY NUMBERS
2008
32
35
38
42
45
2009 2010 2011 2012
CAGR
15%
THE STRUCTURE
6. 6 |
Audit & Consulting
Credit CRM
Credit collection
& servicing of
performing portfolios
Acquisition and
servicing of non
performing portfolios
Management of
physical/electronic
documents
and business
correspondence
COMPANY PROFILE SERVICES
Risk Management
6 |
7. 7 |
• Portfolios
analysis
• Insolvency prevention • Cask flow management
Risk Management
Audit & Consulting
Management of physical/electronic documents and business correspondence{ }
• Extrajudical and pre-legal credit management
• Legal service
• Purchase without recourse of uncertain
receivables
• Origination, due diligence e servicing of non
performing loans
WCMG supports its customers in optimizing each phase of the credit cycle
SERVICES OPERATIONAL FLOW
Risk Management
Placing
Order
Order management
Management
pre-due date
Management
recently fallen due
Management
telephone / domicillary
Management
of lawyer’s office Legal action
Credit CRM Extrajudicial service
Legal service
Credit CRM Credit Collection Non Performing Loans
Issuing of
Invoice
Due date
of invoice
Assignment of receivables
without recourse
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Our risk management service includes the design, the development and the implementation of
systems for risk prevention
SERVICES RISK MANAGEMENT
WCMG
added value
• Customization of services according to client characteristics and market dynamics (timing, content and form)
• Support in the identification of suppliers and customers with whom to do or not to do business
• Integration of information with unofficial data by ensuring flexibility and precision in the quantification of the credit line amount
• real time risk assessment (online
service)
• reliability and enforceability
analysis integrated with
unofficial data (off–line service)
• support to extrajudical and legal
services
Activities performed:
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Our Credit CRM service is configured as a preventive action on credit management. It consists in a
constant activity of invoices monitoring guaranteed by our customer care department
SERVICES CREDIT CRM
WCMG
added value
• Design and set up of a service compliant with the Client internal processes
• Enhancement of customer relationships thanks to dedicated Customer managers
• Possibility to outsource administrative tasks transforming fixed costs into variable costs
• Days Sales Outstanding (DSO)
• cash flows through the resolution
of the different types of claims
before the invoice expiring
date (taking care of business
relationships)
• working capital
This service aims to optimize:
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SERVICES CREDIT COLLECTION & SERVICING OF PERFORMING PORTFOLIOS
• A professional dedicated to each phase
• In house legal business unit with qualified professionals
• Ability to ensure services across Europe thanks to the direct presence of affiliates
WCMG
added value
Our Credit Collection service is structured in three possible phases:
• the extrajudical phase includes activities with
increasing deterrence toward the debtor (up
to home collection)
• the pre-legal phase provides a formal notice to
the debtor to offer a last chance to close the
debt position in pre-judicial
• The legal phase is activated ex-novo or in
case of negative result of previous phases. We
identify the most appropriate legal action and
manage the eventual procedure
Activities performed:
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SERVICES ACQUISITION AND SERVICING OF NON PERFORMING PORTFOLIOS
• Relevant experience in the assessment and management of non-performing portfolios
• Cooperation with leading investment funds and sellers
• Rating Standard & Poors“as special servicer of asset-backed securities (ABS) receivables in Italy”
WCMG
added value
The service is focused on financial and commercial non-performing portfolios (secured / unsecured)
WCMG buys and manages:
• Bank or financial loans
• tax credits and credits deriving
from bankruptcy
• uncertain commercial
receivables
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SERVICES PHYSICAL/ELECTRONIC DOCUMENTS AND BUSINESS CORRESPONDENCE
• Customized solutions
• Optimization of costs by the outsourcing spaces equipped to be compliant with safety standards and data confidentiality
This service is able to meet the different needs coming from document management, from
archiving to mailing
WCMG
added value
• back office services
• physical and electonic
management of documents
• electronic storage
• management of business
corrispondence
WCMG provides different services:
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SERVICES AUDIT & CONSULTING
WCMG added value
WCMG
added value
• Twenty years of experience in credit management
• Industry-specific expertise and European coverage
• Benchmarking with similar business and customer support in achieving the shared goals
The service comes from the capitalization of more than 20 years of experience with the aim of helping
customers optimizing the process of credit management and supporting clients in the analysis of loan
portfolio in case of securitization
• organization structure
• client portfolio
• processes related to risk
prevention and the billing
cycle
• effective collection procedures
and timing of credit
The service includes the
analysis of:
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• For the major European institutions we manage receivables arising from loans,
overdrafts and cards (debit and credit)
• Thanks to our expertise we provide auditing and consulting services that enable
our customers to optimize their internal credit management process
• For leading companies we manage credits from premiums, franchise clauses and
securities
• The dedicated team of credit collectors and a streamlined process allows us to
obtain high performance in the early stage (phone collection phase)
• For leading financial companies we manage claims arising from special-purpose
loans, revolving credit cards, personal loans and leasing
• Our performance is in line with the highest market standards thanks to dedicated
call centers supported by an extensive network of consultants performing home
collection activity
INDUSTRY EXPERTISE
Bank
Insurance
Financial
companies
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• For leading European companies we perform mailing activities, customer care
services and reminders management (inbound and outbound)
• The presence of a dedicated team for each project allowed us to reach high levels
of specialization so as to identify the specificity of the credit management and
maintaining high quality standards
• We handle claims from the extrajudical phase up to the legal phase with increasing
deterrence actions and targeted solicitations
• Our service is able to support customers at various stages of the credit cycle starting
from the solvency score test (on potential and active clients)
• We work with major industrial groups, services companies and wholesales
• We support our customers in risk management assessment and we manage in
outsourcing the different stages of the credit cycle in order to optimize cash flows
INDUSTRY EXPERTISE
Industrial
& Retail
Oil & Gas
Telco &
Utilities
16. 16 |
54 avenue de la liberté
L 1930 Luxembourg
Luxembourg
www.wcmg.lu
Phone : 00 352 27 62 961
Fax : 00 352 27 62 96 20
email: info@wcmg.luA BETTER WAY TO MANAGE CREDIT