Click here to close now.


Microsoft Cloud Authors: Jordan Sanders, Carmen Gonzalez, Pat Romanski, Keith Mayer, Jayaram Krishnaswamy

News Feed Item

DS-Concept Opens Office in China

MONCHENGLADBACH, GERMANY -- (Marketwire) -- 11/07/12 -- DS-Concept Factoring, Inc. (WWW.DS-CONCEPT.NET) has announced the official opening of its new Shanghai Rep office. DS-Concept is a twelve-year-old firm headquartered in Germany. DS-Concept is now financing transactions for small business and entrepreneurs as manufacturers, vendors, suppliers, distributors, and jobbers engaged in import/export.

Chris Chang, CEO/Managing Director of DS-Concept Factoring, Inc., (North America, New York City) for the last four years, has now been appointed in a dual capacity, put in charge of DS-Concept-Shanghai.

According to Mr Chang, an underlying weakness in many economies including financial "meltdowns" in nations like Greece, Spain, and Portugal have led to even more restrictive, tightened credit standards (post 2008) by banks and conventional lenders-especially when enterprises are engaged in global importing or exporting. "Banks, along with factors and asset-based lenders are very reluctant in this climate to entertain transactions where they must collect their funds from an overseas source." Mr Chang continued to say that "import/export trade credit has been an emerging financing trend for the past several years. It has become a stand alone commercial finance paradigm."

Mr Chang described: "I acknowledge that there may have been a recent slowdown in China. But overall, China is very capable of supporting more import/export trade at this juncture. The financial infrastructure in China is now being revamped to accommodate the global financial community. China is making its banking laws more compatible. Whereby China's big financial institutions have only been lending to mega-companies thus, ignoring the little enterprises; now, financial tools like import-export trade credit are being prioritized. DS-Concept has already established expertise, operations, and experience quotients. So it is ramped up to finance this expected new wave of China's import-export growth."

Mr Chang elaborated that: "China's economy may have suffered some dips. However, SME historically are responsible for the economic growth and job creations. Thus the financial service DS provides is integral for the Chinese and global economic recovery.

Mr Chang went onto describe that: "The nature of inventory management today is to minimize holding onto it, and keep it moving through the process. The longer a business owner holds onto inventory it becomes more expensive to finance. So all parties in the supply chain want to fulfil their role and move supply of goods, products, or merchandise forward including the end buyer which will then make use of it or sell it. Import/export trade credit finance is the most efficient and cost effective way of accomplishing this goal versus banks, factors, asset-based lenders, and purchase order financiers which are restricted to financing what is in their immediate 'box'."

Mr Chang explained that import/export trade credit financing is generally competitively priced when all costs and time involved gets taken into account, because conventional financing is often unavailable to the smaller enterprises by banks. He cited several examples of recent transactions:

-An exporter of fabric from China to Bangladesh where DS will fund at time of shipment and collect from Bangladeshi client

-An exporter of sports equipment from China to North America and Europe signs Trade Finance where DS will fund at time of shipment and collect from international buyers

-An exporter of HK commodities trader using DS to fund their purchase of commodities and sell to Fortune 500 Clients.

Mr Chang has announced the appointment of Helen Fan as Vice President of Operations for the DS-Shanghai office. Ms Fan has 20 years of broad work experience from various industries and functions in International Trade Operations, Trade Finance, HR, Administration, Business Development, Marketing & Sales, Logistic, Production and Total Quality Management. She has an in-depth understanding and experience in the factoring sector. Ms Fan majored in English and International Trade in Nanjing Normal University and Suzhou University. She was also awarded a registered Customhouse Declaration Certificate by Customs of China already in 1992. Moreover, she is a registered International Lead Assessor by British Standards Institute (BSI) in 1996.

About DS-Concept
DS-Concept is an international trade financing expert, which has set itself the objective of ensuring the liquidity to exporters. To meet that goal, DS-Concept assumes currency fluctuations and provides an optimised cash flow solution to its customers. With offices in ten countries across four continents, the DS-Concept Group ( maintains the network necessary to provide its services to its customers around the globe.

For further information, please contact:

DS-Concept Shanghai Representative Office
Room 565, 5/F, Standard Chartered Tower, No. 201 Century Avenue, Pudong New District, Shanghai 200120, China
Contact: Helen Fan
Phone: +86 21 6182 6888
Fax: +86 21 6182 6777

DS-Concept Factoring, Inc.
650 5th Avenue, New York, New York 10019, USA
Contact: John Stillwaggon
Tel.: +1 212 765 4339
Fax: +1 212 765 4346

DS-Concept Factoring GmbH
Flughafenstrasse 83, 41066 Mönchengladbach, Germany
Contact: Johan Geduhn
Phone: +49 2161 697790
Fax: +49 2161 6977979

[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessions, I wanted to share some of my observations on emerging trends. As cyber security serves as a fou...
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion is moderated by me, Dana Gardner, Principal Analyst at Interarbor Solutions.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now all corporate assets – people, objects, and spaces – can share information about themselves and thei...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound effect on the world, and what should we expect to see over the next couple of years.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, wil...
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNub’s Data Stream Network.
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true change and transformation possible.
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" in this scenario: microservice A (releases daily) depends on a couple of additions to backend B (re...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user experience, both offline and online. The focus of this talk was on IBM Cloudant, Apache CouchDB, and ...
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at, examined how Docker has evolved into a highly effective tool for application delivery by allowing increasingly popular Mobile Backend-as-a-Service (mBaaS) platforms to quickly crea...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound cha...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Yet a closer inspection at the data reveals less than half of these cloud projects involve production...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical to maintaining positive ROI. Raxak Protect is an automated security compliance SaaS platform and ma...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context with p...
There are over 120 breakout sessions in all, with Keynotes, General Sessions, and Power Panels adding to three days of incredibly rich presentations and content. Join @ThingsExpo conference chair Roger Strukhoff (@IoT2040), June 7-9, 2016 in New York City, for three days of intense 'Internet of Things' discussion and focus, including Big Data's indespensable role in IoT, Smart Grids and Industrial Internet of Things, Wearables and Consumer IoT, as well as (new) IoT's use in Vertical Markets.