CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Demica appoints Chief Technology Officer
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Demica appoints Chief Technology Officer PDF Print E-mail
Wednesday, 31 August 2016
Demica, the specialist provider of working capital solutions to major corporates and banks, is pleased to announce that it has appointed Daniel Kustrin as Chief Technology Officer.  

In his new role, Daniel will be responsible for the firm’s technology needs, including overseeing the growth and development of Demica’s proprietary platform that enables the financing of over $50bn of trade receivables each year. He will play a key role in the growth of the firm as it invests significantly in new product development in response to strong client demand.

Daniel joins Demica from Cardano Risk Management where he was Global Head of Technology responsible for development and infrastructure across locations in the UK and the Netherlands. He was previously Global Head of Quant, Derivatives and Risk Technology and before that spent nearly 10 years at Barclays Capital in a variety of technology roles. He will report to CEO Matt Wreford.

Daniel’s appointment continues Demica’s ongoing development as working capital solutions provider to large multinational corporates. Its platform manages high volume receivable finance transactions, trade receivable securitisations and supply chain finance projects for major global corporations and banks. In June, it announced that it has been mandated as Lead Adviser on over $1bn of new live transactions, while multiple key new appointments have been made in origination and structuring to support this growth.

Matt Wreford, CEO, commented, “We are pleased that Daniel has joined us at this critical time for Demica’s development. As we further increase the value and volume of the trade receivables being managed by the platform, our robust technology and infrastructure will play a key role in providing the services needed by our customers.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197