ECF Meeting Report by Laurie Beagle

Meeting Report

We held the Export /International Credit Forum at Moore Stephens, London on the 25th September

After introductions and updates we started with a Geographic Focus on Asia. The members had requested specific countries: China, Hong Kong, India, Japan, South Korea, Taiwan, Singapore, Indonesia, Thailand & Turkey.

Presented by Andrew Child, Director, Global Clients Group – Marsh Trade Credit, he gave an overview of each country including the risks of doing business, what you need to know when starting to trade (economy & politics) and do they pay.

The second session was a Geographic Q&A. Where members asked questions about countries globally and shared their experiences, tips & tricks.

Then onto Compliance Checking  – Knowing Your Customer. A very interesting and thought provoking session by John Lord CEO of TruNarrative. We followed this with a members workshop on Training & Developing. We discussed Who they use, What they do and How they do it to train their teams. The outcome provided some very interesting experiences and ideas.

The final session: The Applications of Machine Learning in Credit Risk. Traditional corporate credit scoring – financial ratios. What is machine learning? Why does it work? Applications: Learning from the language that companies use in their financial reports and matching directors at Companies House.

Mike Newman, Sales Director, Adam Tucker, Chief Data Scientist and Phil Derry, Data Scientist. Company Watch.

A very successful meeting with lots of information provided by subject matter experts together with sharing of members experiences.

Next meeting is the 12th December at Moore Stephen, London

Laurie Beagle – Managing Director, Forums International Ltd

Nicole Konstantinou – Client Services Team Leader – Cedar Rose

2018-10-08T20:20:33+00:00

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