26 February 2010

Asia Debts Xchange (ADX) participated in The Sixth Annual Asian Financial Services Congress held on 25-26 February 2010 at Raffles City Convention Centre, Singapore. This event was organized by Financial Insights and International Enterprise (IE) Singapore. 

This annual event brings together financial services practitioners to discuss about the recent developments in the financial services sector. Themed: “Prescriptions for the Upturn - What Next?”, this year’s agenda focuses on long-term growth and business sustainability.

ADX showcased our 1^st party collections management solution, 3^rd party debt management solution, as well as our debt buying and sale bidding platform to help the financial services sector improve cashflow, reduce write-offs and increase profitability. These financial solutions can be offered as a Software as a Service (SaaS) model, thereby enabling clients to change from CAPEX to OPEX while increasing productivity.

Business Development Director of ADX, Mr Raymond Suen, commented: “We made the right choice to showcase our services during the AFS Congress 2010, the most prestigious banking event in the Asia Pacific region.  We have gathered more leads compared to last year.  The networking session during the cocktail was most promising. Looking forward to AFSC 2011”.