- International Trade Finance and BPO (Bank Payment Obligation) –– Effects on Credit Risk Management
- 07/12/2012 09:00am EST - 10:00am EST
Date: July 12, 2012
Time: 2:00pm GMT / 09:00am EDT
Webinar at a glance:
As a result of the changing shift in market conditions for global trade, combined with the increasing revolution in technological innovation, SWIFT and the ICC Banking Commission have joined forces to deliver a universal platform for modern risk and financing solutions, facilitating a more dynamic environment in risk management while easing cost pressures on both buyers and sellers.
This 1-day webinar will provide you with up-to-the minute information on the progress of the recent collaboration between SWIFT and the ICC Banking Commission on the adoption of a new ISO 20022 standard industry-wide instrument: The Bank Payment Obligation (BPO).
Topics covered will include:
• What is a BPO and how does it work?
• Why do we need a BPO?
• Objectives and scope of the BPO
• Getting paid on time
• Rules and standards;collaboration with the ICC
• The benefits for buyers, sellers and service providers
• Sample case studies
• Business scenarios and transaction workflow
• Key considerations
• Current status/next steps
David Hennah, Senior Product Manager, Swift, London, United Kingdom
David Hennah has a track record in product innovation in cash and trade. Responsible for developing SWIFT’s financial supply chain strategy, he is currently driving the market adoption of the Bank Payment Obligation, supported by SWIFT’s Trade Services Utility, a matching and workflow engine designed to support banks’ financial supply chain solutions. David has taken a leading role in the collaboration with the ICC Banking Commission leading to industry recognition of the Bank Payment Obligation as an accepted market practice.
David joined SWIFT in August 2005, having spent most of his working life in banking. He now has more than 35 years experience in the financial services and software industry. At Barclays, he was employed in the UK, France, Belgium and Germany and took on a variety of senior roles, largely in product innovation and in front line sales, specialising in payments and cash management solutions and launching the world’s first international direct debit service. He once managed the banks’ branch banking operation on board RMS QE2 and spent three years on secondment to the Associated Banks of Europe Corporation (ABECOR) in Brussels, where he facilitated collaboration across an international community of banks. He has also worked as a managing consultant with ICL/Fujitsu Services UK and for Misys Banking Systems.
Registration Fees Include:
- One telephone and web connection at one physical location
Cancellation and Refund Policy
Registration fees, less a $50 processing fee will be refunded for written cancellations received 7 days before the program start date. No refunds for cancellations within 7 days of the program start date. Substitutions are permitted.
Certificate of Attendance
Participants who attend this webinar will receive a Certificate of Attendance. For additional participants from the same company as the main registrant, please use this form.
*All additional participants must be received before the start of the webinar to receive the Certificate.
Instructions to join the Webinar will be sent to the main registrant's email address the day before.
Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.
This webinar accounts for 1/4 Participation and 1 Education Point toward ICCE accreditation/recertification.
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