Official Launch of CamelONE™ Trade Finance

  Published on 19 November, 2019

Official Launch of CamelONE™ Trade Finance

  Published on 19 November, 2019

Official Launch of CamelONE™ Trade Finance

  Published on 19 November, 2019

Official Launch of CamelONE™ Trade Finance

  Published on 19 November, 2019

CamelONE Trade Finance Launch and Exhibition Booth at the Singapore Fintech Festival

Earlier this week, VCC held the official launch of CamelONE Trade Finance and participated at the Singapore Fintech Festival. Over 70 guests attended the event at Max Atria, including Guest-of-Honour Mr Benny Chey, Assistant Managing Director (Development & International) of MAS, Mr Lim Teck Leong, Deputy Director-General of Singapore Customs (Corporate & Facilitation) and representatives from the Monetary Authority of Singapore (“MAS”), Networked Trade Platform (“NTP”), ANZ, BNP Paribas, DBS Bank, HSBC, Industrial and Commercial Bank of China (“ICBC”), MUFG Bank, Oversea-Chinese Banking Corporation (“OCBC”), Standard Chartered Bank (“SCB”) and United Overseas Bank (“UOB”).

The unveiling of the new multi-bank portal also garnered media coverage from Yahoo! Finance and AsiaOne.

Being new to the Fintech industry, it is VCC’s first time participating in the largest Fintech event worldwide. During the CamelONE launch, the VCC booth at Singapore Fintech Festival concurrently engaged event attendees by expanding their knowledge on CamelONE Trade Finance and the other solutions we offer. Mr John Khaw, Project Director of VCC also carried out video demonstrations of the new platform. Our eye-catching booth also showcased several Masterclass sessions by our partners from NTP, BNP Paribas, Standard Chartered Bank and eCOM. Topics ranged over different aspects of trade finance and attracted the attention of the buzzing Fintech crowd. Our activities consistently gained traction for CamelONE Trade Finance from many local and global traders who attended the festival. Several lucky guests also walked away with attractive prizes from the lucky draw and gifts from VCC and our collaborative partners. Representatives from NTP were also at our booth to answer queries from the crowd about their platform.

Both the official launch and exhibition booth were a huge success and we are excited to witness the growth of the first unified multi-bank trade finance portal in Singapore.

The Official Launch of CamelONE Trade Finance

(From Left to Right: Ms Lee Tze Tze of HSBC, Mr Takuya Tanaka of MUFG Bank, Mr Saket Sarda of Standard Chartered Bank, Ms Sofia Hammoucha of BNP Paribas, Mr Desmond Tay of vCargo Cloud, Mr Benny Chey of MAS, Mr Lim Teck Leong of Customs (Corporate & Facilitation), Mr Vijay Shankar of ANZ, Mr Sriram Muthukrishnan of DBS, Mr Joseph Sum of UOB, Mr Melvyn Low of OCBC, Ms Zhang Yi of Industrial and Commercial Bank of China (Singapore Branch))

VCC booth at Singapore Fintech Festival

Ms Cherinne Mok, Business and Industry Development Manager of NTP, presenting ‘An Overview of the Networked Trade Platform’

Mr Edwin Chan, Head of Transaction Banking Product Management of BNP Paribas APAC, presenting ‘Trade Finance at Its Crossroads’

Mr Siva Gunesparan, General Manager of VCC presenting ‘Harnessing the Power of Technology for Cross-border Trade’

Mr John Khaw, Project Director of VCC presenting ‘Introduction to CamelONE Trade Finance’

Mr Tim Zhang, Director, Digital Product Management, Global Trade of Standard Chartered Bank presenting ’Can Blockchain and Wider Digitisation Smooth the Frictions in Global Trade?’

Mr Horace Mak, Managing Director of eCOM (Asia) Ltd presenting ‘Trust, the Key Ingredient of Global Trade and Trade Finance Supported by Blockchain’

Mr Allen Chan, Chief Operating Officer of VCC presenting ‘The SeafoodXchange: Digitalisation of the Seafood Wholesale Trade’

Mr Thomas Loh, Business Development Manager, VCC presenting ‘Introduction to eCargo Marketplace’