ITFA NEW MEMBERS, December 2024

ITFA is pleased to welcome three institutions to its growing family:

cflox is an international payment institution that combines payment transactions with working capital and financing to create unique solutions.  With a focus on supply chain finance, cflox offers customers and optimization of payment terms and cash flow without the involvement of suppliers.

Chief Revenue Officer UK at cflox GmbH, Timothy Rose, will be the main contact for ITFA matters.

Working with established financing partners and managing over 100 active customer programs, cflox provides tailored solutions to strengthen liquidity and supply chain efficiency. cflox GmbH is headquartered in Hamburg and is registered as a payment institution (Payment Services Supervision Act – ZAG) for the provision of payment services in Germany with the Federal Financial Supervisory Authority (BaFin).

eexpand is trusted by over 40 leading global banks, including Santander, Lloyds Bank, MUFG Bank, and the Royal Bank of Canada, for its innovative Trade Tech solutions. These tools help business customers expand globally by providing market insights and ensuring trade compliance. Head of Customer Relations, Mr. Gaspard Delassus, will be the main contact for ITFA matters. Mr. Delassus explained that Key offerings include: AI-Powered Trade Intelligence: An interactive “AI Trade Pilot” that delivers curated data, enabling faster decision-making and reduced task time and Connectivity Solutions: Facilitating supply chain diversification by connecting customers within a bank’s trusted network.

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk.

Sr. Director of Benchmark Data Sales, Mr. Tim Moran, will be the main contact for ITFA matters. Mr. Moran stated they enable clients to trade futures, options, cash, and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

Interested in joining our growing institution? Please click here » Membership Benefits (itfa.org) for more information or send us an email on info@itfa.org.