Operations & Technology Forum - 1Q 2021

February 3, 2021 12:00 PM to 1:00 PM (Eastern Standard Time)

A members-only virtual event

February 3, 2021 12:00-1:00 p.m. EST

Space is limited to ensure maximum interaction among participants, so register today to reserve your spot.

Facilitator
Arlene C. Bonnet, Head of Asset Based Lending Operations, TD Bank 

Trends in servicing, reporting, innovation and the future of the industry will be discussed from the operations and technology perspective. The Operations & Technology Forum will have topical breakout rooms to better focus on dimensions on the below agenda items:

Operations as a competitive advantage 

• Smart leveraging of operational capability and talent
• Involvement in strategic planning
• Future of smart technology to facilitate automation of spreadsheet tools, manual non-value added steps, intelligent reporting
• Deepening of bench strength vs. outsourcing
• Fraud detection

Collateral in the time of pandemic.  A review of impacts on the borrower's collateral position attributable to a variety of pandemic-related factors:

• Perishable inventory (delays intransit, processing abroad, distribution to impacted businesses (restaurants/food purveyors)
• Retail inventory (economic downturn, empty malls) and deterioration in receivable collateral.
• Credit Insurance and ocean marine cargo coverage 
• Trend/red flag detection through the application of technology/testing and due diligence.

What about Quebec?

• Updated status on the security interest perfection of account debtor companies/collateral based in Quebec
• Best practices in the mitigation of risk
• Diverse practices across organizations

Is your bank really a Loss Payee?

• Specific language in general assets and liability insurance
• Language in credit insurance documentation
• Coverage limits, term, loss payee clause, aged invoices, premium payment confirmation

The Operations & Technology Forum will also meet 5/05/21, 8/04/21, and at SFNet’s 77^th Annual Convention in November.

Registration

Member Price: $0

Register