Sep 22nd, 2016

Seabury Group Appoints New Senior Advisors to Spur Further Growth of Its Trade Finance Exchange Business

Appointments Bring Complementary Industry Expertise to the Company, Reinforcing the Focus and Growing Scale of Support for Global Supply Chains
 

NEW YORK – September 21, 2016 – Seabury Trade Finance Exchange (“STFX”), a division of Seabury Capital LLC (“SeaCap”), a wholly owned subsidiary of Seabury Group LLC, has announced the appointment of Guy Rey-Herme as Senior Advisor to its Board. The co-founder and former president of TradeCard, Inc., which later became GT Nexus, will play a key role in exploring new business ideas and establishing a governance framework that enables continued growth, with an emphasis on satisfying client requirements and global delivery.

“We are very pleased to welcome Guy to our leadership,” said Robert Lin, President and CEO of Seabury Trade Finance Exchange. “He is joining STFX at an exciting time as we build on our momentum and success to strengthen a vision for our next phase of growth. Guy’s extensive background and proven track record in fintech and supply chain will be invaluable as we expand our business.”

Prior to joining STFX, Mr. Rey-Herme was COO at GT Nexus, now Infor, where he co-founded and led the company’s operations and service groups spanning North America, Europe and Asia. Previously, he served as Executive Vice President of the International Trade Bank at Bank of America, where he led the development and implementation of a global systems platform. Mr. Rey-Herme brings more than 25 years of financial services experience to STFX, including senior management positions with international consumer and credit card businesses at Citicorp. He holds a Diplôme in Finance and Tax from Paris-based ESSCA and completed the Executive Program in Strategy & Organization at Stanford Business School.

“I am excited to join the STFX team. STFX offers valuable proposition to supply chains from finance to foreign exchange deliverables. STFX’s ability to raise capital from non-banks is a significant differentiator. I believe there is a significant opportunity to expand upon the company’s continued growth and attain an even greater market position with its leading-edge trading platform in the near- and long-term,” said Guy Rey-Herme, Senior Advisor on the Board of Seabury Trade Finance Exchange. “Seabury Group has positioned STFX to be presented with important growth opportunities in the foreseeable future. Leveraging both its advanced platform and its securitization model, STFX embodies the next generation of financial supply chain. I am thrilled to be a part of this leading fintech company through its next phase focused on delivering profitable growth.”

In addition to Mr. Rey-Herme’s appointment, STFX hired Aithene Yung, former Vice President Cash Product Management within the global transaction services division at DBS Bank Hong Kong, and former Vice President Product Management Global Trade and Receivables Finance at HSBC. The company also enlisted Corbin Ho who served as Senior Global Program Manager at Prime Revenue and Head of Buyer Client Management at GT Nexus.

Lin added, “These new appointments are a testament to our unwavering commitment to delivering leading-edge trade finance solutions to supply chains around the world.”

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Earlier this year Global Finance Magazine has named the STFX team along with its technology partner GT Nexus as one of “The Innovators for 2016 –Trade Finance.” STFX provides liquidity to the financial supply chain by bringing easy to access financing to the supply chain participants.

ABOUT SEABURY TFX

Seabury TFX (“STFX”) is a Hong Kong- and U.S.-based company providing trade finance solutions to supply chains around the world.  STFX’s unique platform harnesses the power of data and technology to originate trade finance transactions. STFX is a subsidiary of Seabury Group LLC, a global firm founded in 1995 with two principal groups, Seabury Advisory Group LLC (“SAG”) and Seabury Capital LLC (“SeaCap”). Seabury Enterprise Solutions delivers IT solutions designed to empower their users to effectively understand and manage to their operational and financial objectives. www.seaburytfx.com

Seabury Capital LLC (“SeaCap”), a wholly-owned subsidiary of Seabury Group, owns and operates a number of specialty finance companies providing innovative cross-border financing for equipment and trade receivables as well as insurance-backed auto service and financial obligations. SeaCap recently launched a merchant banking business to take minority equity positions in, and to provide debt financing to, middle market companies.  SeaCap also owns software companies providing enterprise solutions to airlines, aerospace companies and institutional market-makers in foreign exchange and other financial markets. www.seaburygroup.com