On 5 and 6 Nov. S&N AG was represented at Structured Finance, the leading trade fair for structured finance, at a joint stand with the Bundesanzeiger Verlag. The show was truly impressive, both with regard to the speakers as well as with regard to its visitors.
A total of 1,300 trade visitors, mostly treasurers and CFOs of mid-sized and large German industrial companies, had an opportunity in two days to learn about current issues in corporate finance, in more than 80 technical presentations and discussions. The key points for this year were in the areas of globalization, sources of funding as banking alternatives, and risk assessment in the financing environment.
Together with the Bundesanzeiger Verlag, S&N AG presented a new product, which represented a perfect complement to the latter subject area. For the balance analysis system BARS, widely used in the industry, there is now the possibility to use all balance sheets published in Germany for analysis. With this function it is possible to have BARS users at your fingertips, to evaluate the financial statements of a company and to place it in an industry comparison with its competitors.
The response to this product during the two days of the event was extremely positive. In many conversations with CEOs and CFOs of industrial enterprises, the need for this information was expressed. In this case, the interest in the foreground was that of considering their own customers and suppliers more closely, in order to be informed in advance of potential risks in their own business relationship. BARS already provides this information in its current version.