Supply Chain

Greensill: The lessons for credit insurers by Igor Zaks

Igor Zaks, President of Tenzor Ltd., published a new article in Berne Union Yearbook: Greensill: The lessons for credit insurers. It looks at the potential consequences of Greensill story for credit insurance, draws parallels with some aspects of the 2008 crisis, and investigates various steps the industry might take to mitigate the impact and turn the crisis into a great… Read More »Greensill: The lessons for credit insurers by Igor Zaks

Igor Zaks presents at BCR Receivables Convention in London

Igor Zaks, President of Tenzor Ltd. speaking at BCR Publishing 22nd Annual Receivables Finance International Convention, 26-27 May 2022, in London. As the global receivables finance sector’s premier event, RFIx’22 will bring together senior receivables finance executives from around the world, to discuss the industry trend during the current situation of recurrent lockdowns, disturbances of supply chains, and heightened ESG consciousness. Attending… Read More »Igor Zaks presents at BCR Receivables Convention in London

Tenzor Ltd.

FCI panel recording: Post-Mortem Analysis on Greensill.

Igor Zaks, CFA, President of Tenzor Ltd., presented at the FCI (Formerly known as Factors Chain International) 53rd Virtual Annual Meeting 2021 22-23 September 2021. The panel focused on Greensill situation and its impact on supply chain finance, credit insurance, platforms, and funds. PANEL DISCUSSION: POST-MORTEM ANALYSIS ON GREENSILL AND OTHER CASES STUDIES: EXAMINING THE RISK FACTORS, THE ROLE OF… Read More »FCI panel recording: Post-Mortem Analysis on Greensill.

Receivables platforms- key considerations by Igor Zaks

Igor Zaks, Editorial Board Member of TRF News and President of Tenzor Ltd, describes below the key considerations for receivables finance platforms.  Recently, we saw significant growth of receivables based platforms. Several major trends contributing to its growth are: Covid-19 move to digitalisation. With less face-to-face contact and perceived reduction of relationship component, more companies consider digital platforms as an alternative to traditional banks and… Read More »Receivables platforms- key considerations by Igor Zaks

Jens Noffke of La Roche interviewed by Igor Zaks

“Whether there’s a global pandemic or no global pandemic, if you need money, you need money.” Jens Noffke, Working Capital Lead, Global Procurement, F. Hoffmann-La Roche. Corporates are looking to find ways they can mobilise external capital and at the same provide a lower risk environment for those deploying risk capital. In advance of Consortia21, Igor Zaks, President of Tenzor,… Read More »Jens Noffke of La Roche interviewed by Igor Zaks

Bolero CEO, Andrew Raymond, interviewed by Igor Zaks

Being at the forefront of digital trade finance for the past 20 years Bolero has been instrumental in the development of blockchain structures. In advance of Consortia21, a major industry event by BCR Publishing, Igor Zaks, President of Tenzor, discusses with Andrew Raymond, CEO of Bolero: Progress in the building the corporate ecosystem Whether centralised registries are still fit for… Read More »Bolero CEO, Andrew Raymond, interviewed by Igor Zaks

Supply chain finance - some thoughts about fundamentals Igor Zaks TRF News

Supply chain finance – some thoughts about fundamentals

Supply chain finance – some thoughts about fundamentals With recent events (Greensill, Carillion and Abengoa before), supply chain finance (SCF) got in the spotlight. Accountancy bodies (both IFRS and FASB) are looking into disclosure requirements, rating agencies (such as Fitch) into debt reclassifications, various government inquiries questioning its use, etc. While it appears so far knee jerk reaction was mainly avoided,… Read More »Supply chain finance – some thoughts about fundamentals

FCI Annual Meeting-Igor Zaks, CFA, presenting

Igor Zaks, CFA, President of Tenzor Ltd., will present at the FCI (Formerly known as Factors Chain International) 53rd Virtual Annual Meeting 2021. The meeting will take place on 22-23 September 2021. Igor will present at: Panel discussion: Post-mortem analysis on Greensill andother cases studies: examining the risk factors, the role ofcredit insurance and the challenges relating to arm’s lengthfunds… Read More »FCI Annual Meeting-Igor Zaks, CFA, presenting

Igor Zaks at Receivables Finance International Convention- recording

Igor Zaks, CFA, President of Tenzor Ltd moderated two sessions at the BCR’s 21st annual Receivables Finance International Convention, 18-20 May 2021. Full Sessions recording: The anticipated future market trends for trade receivables securitisation and secondary markets and How do we make receivables a more viable asset class for investors? Panel session: The anticipated future market trends for trade receivables… Read More »Igor Zaks at Receivables Finance International Convention- recording

TRF news - Igor Zaks

Greensill – lessons in structuring and due diligence

Igor Zaks , President of Tenzor Ltd, published on the lessons from the Greensill crisis at TRF News, leading publication on factoring, supply chain finance, trade receivable securitization, and receivable based products Greensill – lessons in structuring and due diligence The collapse of Greensill Capital and the ripple effects from it caused multiple questions about underlying structures, roles of different… Read More »Greensill – lessons in structuring and due diligence