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Informing today's market
Financing tomorrow's trade
Soft Commodities Trader
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Metals Trader
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
Energy Trading Group
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Clothing company
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
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Informing Today’s Market, Financing tomorrow’s Trade.
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Parth Desai
Parth Desai
Pelican.aiParth Desai, Founder & CEO, Pelican
Parth Desai graduated from Georgia Tech with a Master’s degree in Artificial Intelligence and was quickly hired to work with one of the most celebrated global pioneers of Artificial Intelligence, Roger Schank. Parth rapidly built a deep expertise in AI and Natural Language Processing (NLP) that has driven his own ability to innovate over the past two decades. During that time, Parth built a global team and nurtured their collective AI expertise.
Working collaboratively within the Banking, Financial Services and Insurance domain for Banks and Corporates, Parth has built a thorough understanding of the Payments, Securities, Anti Money Laundering and Risk Management from both the business and technology viewpoints. As Founder & CEO of Pelican, Parth works closely with his global team to deliver consistent innovation and client value that continues to underpin long-term client relationships.
