Risk Experts to Offer Timely Solutions at FCIB Annual Export Credit & Trade Finance Summit

UNITED KINGDOM – To adapt to changing global market dynamics and prepare for inevitable but often unforeseen failures, FCIB—the premier Association of Executives in Finance, Credit and International Business, invites international credit and trade finance professionals to register for the Annual Export Credit & Trade Finance Summit from May 17-19th at the Princesa Sofia Hotel, Barcelona Spain.

Organised by FCIB and sponsored by distinguished businesses such as Aon Trade Commercial Insurance and WebApp Technology, the conference’s select line-up of finance and credit experts will address current challenges, trends and opportunities, giving companies across all industries the “coping mechanisms” to effectively deal with the challenges and risks involved in today’s global business.

A “not to be missed” keynote presentation, titled The New Global Marketplace – a World of Change, will be delivered by FCIB’s world economy expert Dr. Belcsák who holds a doctorate in Jurisprudence and Political Economics, is publisher of ‘Intelligence Briefings’ for corporate CEOs and remains a much sought-after keynote speaker worldwide.

Following this insightful 360° view of changing market conditions and developing economic trends, is a much-anticipated key session on understanding and working with European Insolvency Laws. A panel of experts from Europe, including Cyprus, Germany, Spain and the UK, will answer questions on how bankruptcy, liquidation and receivership differs from country to country and what credit managers need to know when faced with companies in trouble.

Other program highlights include spotting the Warning Signs of a Troubled Company, sharing of best practices on The Organisational Structure of a Credit Department, establishing harmony between credit management and sales departments, and using Key Performance Indicators to measure and report collection effectiveness of a credit management department. In addition, the Open Forum (Q&A) session continues to fuel the highest level of professional debate through the sharing of best practices and experiences.

Not without fun and light entertainment, attendees are provided with numerous opportunities to network over meals and while playing golf. Additionally the conference EXPO showcases the latest technologies and innovative products that are helping credit managers today, including exhibitors such as Aronova Interactive Ltd., Credit Tools NL, Credit Risk Monitor, Graydon International and WebApp Technology.

Prior attendee Bob Brown, UK Director of Trade Credit & Surety Division for HSBC Insurance Brokers Ltd., attests that FCIB Europe conferences “serve as a barometer to current international trade credit practice, and provides for one-on-one discussion, drawing on the expertise and knowledge of experienced senior credit executives across a wide range of industries; invaluable for anyone serious about exporting.”

Furthermore, well-regarded credit professional and member of FCIB Nick Tiltman, Director of Credit Services at Tech Data Europe and FCIB European Advisory Council Chairman, emphasises that “we are in uncertain times economically and, of course, that requires greater assessment of the risk and rewards your business takes. It is also a huge opportunity for credit managers to step up and show how credit can help the business drive profitable growth, even in an economic slowdown. There are always opportunities in every economic cycle.”

The current global economic downturn with all its negative connotations, can and will be turned on its head and provide opportunities for a “new look” towards recovery for those who seek to find ways and means out of the situation.

About FCIB
Established in 1919, FCIB has been a trusted source for international credit and trade finance professionals worldwide. Through its unique network of experts and plethora of services, FCIB provides business credit insight, advice and intelligence to help companies do business internationally. FCIB’s parent, NACM (National Association of Credit Management) is a non-profit organization representing nearly 20,000 businesses in the U.S. Established in 1896, NACM is ‘the voice of business credit’ in America and one of the oldest and largest credit organizations in the world. For more information or to register, visit www.fcibglobal.com.