Bolero launches Galileo TPaaS for Banks
The Greensill bankruptcy is raising a host of questions about transparency and the role of the trade and supply chain finance industry, regulators, asset managers and investors over the financial engineering employed by Greensill in the trade fund market. But the root issue is what is the purpose of trade finance and how can that purpose be delivered in a simple, transparent form?
How can - or should - the SCF industry distance itself from the fast evolving situation at Greensill Capital? Is more transparency needed? For sure. How should the credit insurance industry respond? What is the fallout? TXF discusses eggs in baskets and babies with bathwater and waking up and smelling coffee with senior industry players.
Supply chain finance and particularly payables finance is back in the spotlight after the news flow on Greensill. Is this the death knell for the product or is it a case of mistaken identity?
TXF takes a first look at the great imponderables that have been raised by the fomenting Greensill Capital saga. What do and don’t we know, what are we only able to question and where is further transparency needed? The industry is going to need to step up, and soon.
TXF takes a first look at the great imponderables that have been raised by the fomenting Greensill Capital saga. What do and don’t we know, what are we only able to question and where is further transparency needed? The industry is going to need to step up, and soon.
Robert Deeley, managing director at PolFin, a specialist credit and political risk insurance broker, takes a closer look at the lessons industry practitioners can learn in the wake of the collapse of Greensill Capital.