Global Finance Manager


A dedicated trade receivables funding platform, providing the day-to-day operational elements to manage a modern trade finance program.

AIG Trade
Finance


A specialist subsidiary of AIG working closely with banks, funders, advisors and clients to provide innovative trade receivables backed funding solutions to the global corporate market.

Global Limits Manager


Automated management of credit limits for global trade debtor portfolios using a combination of credit agency data, live debtor payment experiences and insurer issued buyer limits.


Aronova


Global Finance Manager and Global Limits Manager are owned and operated by Aronova, a UK-based product development company specialising in trade credit risk management and trade finance products.

Global Finance Manager Summary

Built specifically to address the needs of the client, the advisor, the funder and the insurer, Global Finance Manager is part of an integrated suite of Trade Finance specialty products designed to improve client advance rates, reduce funding facility costs, improve transactional visibility and lower Basel capital allocation requirements.

  • Centralised, daily processing of a company's trade receivables, harvested from many locations or accounting packages.
  • Creation, management and consistent application of funder and / or insurer receivables eligibility criteria.
  • Daily, weekly, fortnightly or monthly receivables eligibility reporting and trigger analysis.
  • Seamless links to Global Limits Manager for debtor identification, DUNS validation and debtor credit limit management.
  • Seamless integration with an AIG Excess of Loss trade credit insurance policy.
  • Online receivables analysis tools, with granular access to 18 months of historic transactions from day one.

For more information about Global Finance Manager or any other Aronova products, please contact Andrew Baynes on 07958 770510 or email him at andrew dot baynes at aronova dot com.

AIG Trade Finance Summary

Global Finance Manager and Global Limits Manager are part of an integrated suite of Trade Finance specialty products designed to help banks, funders, advisors and insurers deliver cost-effective trade finance solutions to large corporates around the world.

  • One-stop shop for the structuring, legal, operational and insurance elements of a modern trade finance facility.
  • The combination of funder specific policy wordings and AIG's stand-alone financial strength ratings (currently A+ from Standard & Poor's, A1 from Moody's and A from Fitch, all with stable outlook), means funders can rely on the credit risk transfer established within the framework of an AIG trade finance facility.
  • The transition from Basel II to Basel III places additional capital allocation requirements on banks and funders, with capital allocation for each dollar funded increasing significantly as Basel III and new national banking and regulatory requirements are implemented. AIG Trade Finance helps banks and funders address these issues by normally achieving a 50% reduction in the amount of capital required for allocation against an AIG Trade Finance style programme compared to a traditional trade finance deal.
  • Traditional trade receivables finance programs provide advance rates of around 75-85% of the "eligible receivables", i.e. those receivables approved for funding once eligibility criteria have been applied. With the AIG Trade Finance approach, effective advance rates are usually much higher than these, providing clients with more cash and enabling them to leverage their receivables portfolio more efficiently.

For more information about Global Finance Manager or any other Aronova products, please contact Andrew Baynes on 07958 770510 or email him at andrew dot baynes at aronova dot com.

Global Limits Manager Summary

Built specifically to address the critical roles of debtor identification and approved credit limit management, Global Limits Manager is part of an integrated suite of Trade Finance specialty products designed to improve client advance rates, reduce funding facility costs, improve transactional visibility and lower Basel capital allocation requirements.

  • Centralised, daily processing of a company's trade receivables, harvested from many locations or accounting packages.
  • Establishment and monitoring of debtor credit limits using debtor trading experience, credit agency opinions or AIG underwriter limits.
  • Credit limit certainty means you can rely on a Global Limits Manager credit limit in the event of an AIG trade credit insurance claim.
  • Seamless links to Global Finance Manager for the management of a trade receivables backed finance program.
  • Seamless integration with an AIG Excess of Loss trade credit insurance policy.
  • Online receivables analysis tools, with granular access to 18 months of historic transactions from day one.

For more information about Global Finance Manager or any other Aronova products, please contact Andrew Baynes on 07958 770510 or email him at andrew dot baynes at aronova dot com.

Aronova

Global Finance Manager and Global Limits Manager are owned and operated by Aronova, a UK based product development company formed in 2003 and specialising in the origination, development and delivery of internet based trade credit risk management and trade finance products. We help clients quantify, understand and manage trade credit risk and we use credit agency data, financial information and / or a company's own accounts receivables payment intelligence to help clients make informed financial, insurance or risk decisions.

We are acknowledged experts in the fields of trade credit risk decision-making, risk aggregation and of customer portfolio segmentation, tracking and analysis. Our invoice tracking and finance eligibility products used by banks and financial institutions are amongst the most sophisticated in the trade finance world.

Much of our work is based around Dun & Bradstreet information and we are a Dun & Bradstreet trusted partner. Through Dun & Bradstreet we work with some of the largest companies in the world and our sophisticated Internet platforms deliver products and services on a 24 x 7 basis to literally thousands of different businesses throughout Europe, North America and the Far East.

We enjoy a close relationship with the global insurer AIG, and together we promote our trade credit risk and trade finance products to large multi-national companies across the globe. Our offices are based in Fetcham Park House - a fabulous grade II listed Queen Anne mansion built in 1705 and situated in the leafy suburbs of Leatherhead in Surrey.

Contact us

For more information about Global Finance Manager or any other Aronova products, please contact Andrew Baynes on 07958 770510 or email him at andrew dot baynes at aronova dot com. Alternatively you can visit us at our website.