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Tenzor Ltd- Corporate Restructuring and Working Capital Management

Igor Zaks to speak at Receivables Finance International Convention

Igor Zaks Receivables Finance International

Hi

Igor Zaks, CFA, President of Tenzor Ltd will speak at BCR’s 21st annual Receivables Finance International Convention, 18-20 May 2021.

The receivables finance sector continues to evolve rapidly. Covid-19 has meant a significant shift in market attitudes. Some of these will be permanent; some will disappear over time. Many expect a rapid rise in receivables finance business coming out of the pandemic as government-imposed restrictions are eased. But navigating to that point could be tricky as the financial support provided by governments will expose many SMEs to terminal positions.

Igor will be moderating two panel sessions:

Panel session: The anticipated future market trends for trade receivables securitisation and secondary markets

Product innovation in trade receivables securitisation is allowing industry players to better serve their corporate clients and for new products to expand into new markets and grow their networks. This session will explore where the growth in the market is going to come from.

  • What is the role of securitisation from a corporate and capital markets perspective?
  • How the growth in trade finance in emerging markets is supporting development of the market in trade receivables securitisation?
  • An overview of the alternative financiers, disruptive technology, regulatory capital and where convergence is happening in the market.
  • What are the future prospects for funding factors?
  • What has been learned from the Greensill crisis?

Panel session: How do we make receivables a more viable asset class for investors?

This panel session will revisit where the industry stands in the eyes of investors, discussing key issues such as has the Greensill crisis formed a permanent shadow over the prospects for the receivables finance investment market?

  • Which strategies have worked?
  • What obstacles have we seen?
  • What are the opportunities for tokenisation?
  • How to protect yourself against fraud as an investor
  • Has Greensill damaged the market for investors?
  • The increasingly important role ESG is playing in investments
  • Using digitisation to support the dynamics of the market

As I’m a speaker, BCR can offer you a 20% discount on delegate tickets. To register or see the full programme please follow this link The discount code is rfix21-spk

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Greensill: Lessons, impact, and opportunities for insurers

Igor Zaks, CFA, President of Tenzor Ltd., published an article, Greensill: Lessons, impact, and opportunities for insurers at The International Union of Credit and Investment Insurers, Berne Union.
Greensill Capital’s recent problems have highlighted the many different products and industries that were somehow featured in its structures. Supply chain finance and credit insurance were dragged into the discussion. Based solely on public information, we will try to reconstruct what happened in Greensill, how this relates to insurance, and what the insurance industry should do in light of these events;
You can read the whole article at Berne’s Union site below:

https://www.berneunion.org/Articles/Details/543/Greensill-Lessons-impact-and-opportunities-for-insurers

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Igor Zaks to Present at Georgetown University

Igor Zaks, CFA, President of Tenzor Ltd., will present as a guest speaker at Georgetown University McDonough School of Business on 15 April 2021. We would be discussing the importance of suppliers’ financial health and supplier bankruptcies and also look at supply chain finance and its role and impact within supply chains. We will look at the impact of COVID-19, various industry changes as well as recent events like Greensill, as well as various mitigation strategies in supply chains. My special thanks to professor Volodymyr Babich for his invitation to speak at his course.

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Igor Zaks to present at Greensill – a crisis for the SCF sector?

Igor Zaks, CFA, President of Tenzor Ltd., will present at Greensill Fallout Webflash by BCR Publishing 11 March 2021:

Greensill – a crisis for the SCF sector?


The collapse of Greensill last week is once again raising questions about supply chain finance and the way it is operated. Are these questions justified? Has SCF been used by heavily leveraged companies to hide their debts? Is it reasonable to question the efficacy of supply chain finance based on what happened at Greensill?
What will happen to the sector?
Igor Zaks will be joined at the panel by Sean Edwards, Chairman, ITFA, UK and Head of Legal and Special Adviser to the Global Trade Finance Department, SMBC , Peter Mulroy, Secretary General, FCI (formerly known as Factors Chain International)Frederic Gits, Group Credit Officer, Global Corporates, Fitch Ratings, and Matt Wreford, CEO, DEMICA

As I’m a speaker, BCR can offer you a 20% discount on delegate tickets. To register please follow this link https://bcrpub.com/events/examining-greensill-fallout

The discount code is BCRflsh-spk

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Igor Zaks presented at Supply Chain Finance Summit – full recording

Igor Zaks, CFA, President of Tenzor Ltd., presented at Supply Chain Finance Summit 2021, a key industry event by BCR Publishing, 26 January 2021.

Digital transformation – what are the latest influences on SCF?

Digital transformation in entering a new phase where increased connectivity will enable more refined, streamlined
structures and provide prospects for more product offerings
• Are we entering a new phase of digital transformation for SCF?
• What are the new trends in connectivity in the use of APIs and extractors?
• Is a single multi-funder platform the answer to increased control and efficiency for corporates?
• Reg tech for easier supplier onboarding – what are the latest innovations?
• Extending the SCF product range to provide a solutions-based approach for corporates
Matt Wreford, CEO, Demica
Igor Zaks, President, Tenzor Ltd.

The panel was moderated by Bertrand de Comminges, Managing Director, Global Head Trade Finance Investments, Santander Asset Management

Full recording of the session is available HERE

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Igor Zaks presents at Supply Chain Finance Summit 2021

Supply Chain Finance Summit

Igor Zaks, CFA, President of Tenzor Ltd., will speak at Supply Chain Finance Summit 2021, a key industry event by BCR Publishing, 26 January 2020.

Igor will present at the panel:

Digital transformation – what are the latest influences on SCF?

Digital transformation in entering a new phase where increased connectivity will enable more refined, streamlined
structures and provide prospects for more product offerings
• Are we entering a new phase of digital transformation for SCF?
• What are the new trends in connectivity in the use of APIs and extractors?
• Is a single multi-funder platform the answer to increased control and efficiency for corporates?
• Reg tech for easier supplier onboarding – what are the latest innovations?
• Extending the SCF product range to provide a solutions-based approach for corporates
Maurice Benisty, Chief Commercial Officer, Demica
Igor Zaks, President, Tenzor Ltd.

As I’m a speaker, BCR can offer you a 20% discount on delegate tickets. To register please follow this link https://bcrpub.com/events/supply-chain-finance-summit-2021 The discount code is SCFSSPK20.

Full conference program is available below:

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Igor Zaks judged 19th Annual M&A Advisor Awards

M&A Advisor Awards

Igor Zaks, CFA, President of Tenzor Ltd., has been part of an independent judging committee comprised of top M&A industry experts that determined the ultimate recipients of the 19th Annual M&A Advisor Awards, flagship awards for the M&A industry.

Awards in the categories of M&A Deal of the Year, Restructuring Deal of the Year, Cross-Border Deal of the Year, Corporate/Strategic Acquisition of the Year, Private Equity Deal of the Year, Deal Financing of the Year, Sector Deals of the Year, Firms of the Year, M&A Products/Services of the Year, and M&A Professionals of the Year.

“These award winners are the standouts of the year, representing the finest deals and professionals within the M&A industry,” said Roger Aguinaldo, Founder of The M&A Advisor. “This period was ripe with challenges, but also abundant with M&A activity, and these professionals were able to rise above the noise executing transactions representing several hundred billions of dollars of enterprise value.”

The awards will be presented at a Virtual Awards Gala celebration on Thursday, February 4th, 2021.

On behalf of Tenzor Ltd., Igor Zaks extends warmest congratulations to all the winners of the 19th Annual M&A Advisor Awards, and appreciation to the organizers and fellow judges.

Full program is available below:

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Igor Zaks judged 12th Annual International M&A Awards

M&A Advisor Awards

Igor Zaks, CFA, President of Tenzor Ltd., is honored to be part of the judging panel for the 12th Annual International M&A Awards, recognizing outstanding transactions, firms, and dealmakers of the global M&A industry.

“The M&A Advisor prides itself on recognizing outstanding transactions, firms, and dealmakers of the global M&A industry. The Covid-19 pandemic introduced new challenges for international dealmaking. These professionals and firms were able to rise above it all and make notable contributions to the M&A industry and to their communities. Truly, these awardees we are honoring represent the standouts in the global M&A, finance, and turnaround industry,” said Roger Aguinaldo, Founder of The M&A Advisor. The 2020 award winners were chosen from [hundreds]of prominent nominees. Evaluation of the nominees and selection of the winners was completed by an independent judging panel made up of renowned members and experts in the M&A, finance, and turnaround community.

On Thursday, January 21, 2021, The M&A Advisor will host a virtual Awards Gala to introduce the 2020 International M&A Awards Winners to the business community and to celebrate their achievements.

On behalf of Tenzor Ltd., Igor Zaks congratulates all the winners on their outstanding achievement.

Full list of the winners and the judges are available via link below:

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Igor Zaks presented at WOA Convention 6 October 2020

A full recording of the event. The WOA panel, “In with the New: New ways of working, new solutions, new markets – Challenging the status quo” starts at 2.18.

How is the World of Open Account going to develop?

  • Alternative Finance solutions are expanding rapidly – how new opportunities can create market transformation
  • Customer needs and expectations are evolving – where will they take us?
  • Society expectations and employment patterns are shifting – how environment, diversity and sustainability will increasingly impact decision making and delivery

An expert discussion with:

  • André Casterman (Casterman Advisory)
  • Eva Degenhart (MH Corporate Finance)
  • Deepesh Patel (TFG)
  • Igor Zaks (Tenzor)
  • Moderated by Maria Mogilnaya (EBRD)
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