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The Silicon Review Asia

CCRManager – Redefining trade finance infrastructure with the digital platform

The Silicon Review
November, 2019

thesiliconreview-tan-kah-chye-ceo-ccrmanager-19.jpg

The global landscape for trade and trade finance is continuing to evolve rapidly. Erratic market growth and regulatory changes combined with rapid technological development bring both challenges and opportunity: As commodities and financial markets turn increasingly volatile or face dis-intermediation, being able to hedge foreign exchange exposure and having access to sophisticated management solutions are major considerations for organizations looking to optimize their trading activities.

Capital & Credit Risk Manager (CCRManager) is a global digital platform for the secondary trading of trade finance obligations and will help banks to address balance sheet, ROE and cost challenges. Trade finance institutions of tomorrow will need to embrace these changes with innovation, resting against firm foundations of time-tested techniques like the Master Risk Participation Agreement (MRPA).

 The CCRManager platform enables FIs and NBFIs to link their needs with a modern solution that enhances the management of multiple asset classes with a healthy ecosystem of trading partners. It invests in and operates technology platforms and financial solutions for the global trade and working capital industry.

They are a group of seasoned banking and technology professionals with a shared passion for continuous product innovation and we create value for financial institutions through disciplined development and execution of unique trade finance, cash, and FX business models. The firm is a wholly-owned subsidiary of Tin Hill Capital Pte Ltd and supported by the Monetary Authority of Singapore through the Financial Sector Development Fund.

Specialties

Trade Finance, Syndication, Forfaiting, Risk Management, Supply Chain Finance, Capital Management, Liquidity Management, Trade Assets, Risk Distribution, Credit Insurance, FinTech, TradeTech, Banking, Correspondent Banking, Transaction Banking, and Digital Banking

Beneficial module facilities provided

Trade Asset Management

Trade Asset Management (TAM) module facilitates the buying and selling of trade assets among Financial Institutions (FIs) and Non-Banking Financial Institutions (NBFIs) digitally.

Advantages

  • Enables banks to manage their capital, credit, and liquidity by efficiently distributing their trade finance assets
  • Allow buyers to set preferences for real-time matching with assets on sale
  • End-to-End processing platform for asset distribution

Correspondent Services

Correspondent Services (CS) module facilitates Request for Quotes process for Letter of Credit (LC) confirmation, Guarantees and Trade Loans digitally.

Benefits

  • Enable Confirming Banks to increase access to LC confirmation volumes from Issuing Banks
  • Allow Confirming Banks to set preferences for real-time matching for LC confirmation quotes
  • Enable Issuing Banks to maximize reach to a correspondent network
  • Streamline internal processes by customizing workflows and access controls for Issuing and Confirming Banks

Awards

  1. Finalist in the Most Promising Category at SG:DTechblazer Award
  2. Fintech Award 2018- Winner in the Singapore Founder Category at Singapore Fintech Fest

Meet the passionate leader behind the success of CCRManager

ANKahChyeis the Executive Chairman and also serves as the Chief Executive Officer of CCRManager. KahChye serves as an independent board member and advisor for a select number of global organizations including the International Chamber of Commerce (ICC) Academy and Markham Rae LLP.

Most recently, KahChye was the Chairman of the ICC Banking Commission, the leading industry body for the establishment of Trade Finance standards and policies. Under his leadership, ICC introduced the ICC Trade Finance Register to assist the industry in formulating the right Basel III capital adequacy policy. KahChye also co-founded the ICC Academy to provide industry-leading business education.

With over 20 years of banking and asset management experience in Singapore, Frankfurt, and London, KahChye’s career has included global P&L responsibilities at institutions including JPM Chase, Barclays Bank, Standard Chartered Bank, Deutsche Bank, and Citibank. KahChye also notably led the successful development of the world’s first synthetic securitization of trade finance assets.

“Digitalizing and automating intensive workflow with configurable role-based access settings.”

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