Cotecna to moderate panel on the impact on banks of price rises and fluctuations in the soft commodities market
Cotecna, a worldwide leader in the fields of testing, inspection and certification and a recognized expert in trade finance support services, is participating in Euromoney’s 10th Anniversary Global Commodities Conference , in Geneva on the 5th and 6th June. The conference brings together key producers, traders, financiers, regulators and trade service providers from the international commodities finance community.
Soft commodity prices are impacted globally by rising GDP, urbanization, and diet change in developing countries. This has far-reaching consequences, on food security but also on soft commodities finance structures, as banks are forced to set up mechanisms to mitigate volatile price shifts. Matthieu Delorme, Chief Operating Office, Cotecna Trade Services, will be discussing issues faced by banks in the face of price rises and fluctuations in the soft commodities market.
In today’s credit market environment, control and risk management are more than ever essential elements of success in structuring deals. With a network of specialists situated in key locations around the world, Cotecna provides lenders with tools to ensure that disbursements are applied in conformity with the purpose of the credit, and verifies that the transactions are performed in accordance with term sheets.