Trade Digitalisation Journey with UOB and NTP

  Published on 19 September, 2019

Trade Digitalisation Journey with UOB and NTP

  Published on 19 September, 2019

Trade Digitalisation Journey with UOB and NTP

  Published on 19 September, 2019

Trade Digitalisation Journey with UOB and NTP

  Published on 19 September, 2019

VCC introduces CamelONE™ Trade Finance at the ‘Trade Digitalisation with UOB and NTP’ event

We had a great time at UOB’s event which was held on the 5th of September at PARKROYAL on Pickering Singapore. It was a rare opportunity for VCC to be able to share our new upcoming product, CamelONE Trade Finance, with UOB’s customers, especially treasurers and financing managers managing payment or settlement of trade-related transactions and operation managers handling trade finance applications.

During his speech, Mr Jose Lim, Product Development Director of vCargo Cloud, shared in detail the benefits of CamelONE Trade Finance and why it is the solution for businesses that require trade finance applications. Along with Jose were speakers from UOB, Ms Ng Poh Yee, Head of Corporate Trade Sales and Financial Supply Chain Management, who reiterated the importance of digitalisation; Mr Ivan Cheng, Head of Business Insights shared insights and trends across industries and Mr Debarun RoyChoudhury, Group Head of UOB BizSmart who introduced BizSmart, a digital solution that allows business to seamlessly manage multiple core processes such as sales, invoicing, payroll, accounting and more.

Ms Choo Wai Yee Deputy Director of the Networked Trade Platform Office was also invited to give an overview on the Networked Trade Platform (NTP) and the benefits of trade process digitalisation and data reuse for improved work process efficiency.

Both CamelOne Trade Finance and UOB’s BizSmart are available for subscription as value-added services on NTP.

After Jose’s speech, many attendees showed their interest by visiting VCC’s booth to find out more about CamelONE Trade Finance and also to take a look at the platform demonstration, to further understand how this platform can help them in their daily job, to be more efficient.

The event was well attended and customers indicated that they look forward to more of such similar events where the bank can provide them new insights and help them embrace digitalisation to help them improve their businesses.

Photo credits: UOB

VCC’s booth at the UOB’s event

Mr Jose Lim, Product Development Director of vCargo Cloud, sharing about CamelONE Trade Finance to over 100 attendees at the event.

Group photo of Ms So Lay Hua, Managing Director and Head of Group Transaction Banking, UOB, with all the speakers

The crowd at VCC’s booth after Jose’s speech and sharing of CamelONE Trade Finance