Media Mentions
Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries
Finacity snaps up Tay to lead Asia Pacific origination
Jun, 2020 by Global Trade ReviewWorking capital financier Finacity has hired Daisy Tay as director of origination for Asia Pacific, a new role for the firm.
Tay joins from Wells Fargo, where she had been for the last six years as senior vice-president, head of operations, international operations. Her previous experience includes two years at Westpac as director of Asia trade sales and nearly 20 years at Bank of America, where she served in a number of roles, including regional head and senior product manager of global trade and supply chain solutions.
At Finacity she reports to Adrian Katz, president of the company, and remains based in Singapore.
“My focus will be to bring innovative working capital solutions to companies in Asia Pacific,” Tay tells GTR. “Finacity has proven strengths in the region, having facilitated impressive securitisations such as a US$550mn financing for Neptune Orient Lines. I am very excited about the opportunities and challenges ahead.”
Investors and corporates share thirst to tap trade receivables pool
Six of the interviewees in this article, from left in top row: Laurent Christophe, Trafigura; Shaun Baddeley, AFME; Miray Muminoglu, Lloyds. Bottom row: Abigail Deméocq, Crédit Agricole CIB; Dominic Capolongo,…
Finacity Originates, Structures, and Executes a $70MM Dual Industry Award Winning Securitization Facility for American Airlines, Inc.
On April 17th, 2020, Finacity Corporation (“Finacity”) was engaged by American Airlines, Inc. (“American Airlines”) to organize and structure a receivables securitization facility for the different business units of American…
Changing perceptions – Need for liquidity supporting TRS growth
Rapid growth in trade receivables securitisation (TRS) volumes has been accompanied by an apparent change in perception of the asset class, from being overly complex to now being widely considered…
Securitization Insight Podcast
Adrian Katz, Finacity's CEO, is featured on the podcast "Securitization Insights". Adrian discusses his company, the impact of challenged and elongated supply chains due to COVID on trade finance, the…