ICC Academy enhances trade finance certification

Singapore, 16 November: The educational arm of the International Chamber of Commerce (ICC), the ICC Academy, has unveiled an enhanced version of its globally recognised trade finance programme, the Certified Trade Finance Professional (CTFP).

The advanced-level professional certificate, which has candidates from over 170 countries, is aimed at finance professionals within banks, corporates, and other financial institutions, who want to develop the skills needed to sell, deliver and process global trade finance solutions.

Discussing the development of the revised programme, ICC Academy General Manager Daniel Kok said: “To celebrate the success of our flagship product and align ourselves with a rapidly evolving trade finance industry, the ICC Academy has launched an advanced version of its Certified Trade Finance Professional (CTFP) programme. This improved edition will provide users with a streamlined experience, additional resources and interactive features alongside content updates from subject matter experts and accreditation partners.

“We are committed to providing a top-tier learning experience to professionals and organisations globally and we will continue to keep our curriculum up-to-date and innovative for the future generation of trade professionals” added Mr Kok.

The enhanced 2020 edition comes with a revised programme structure and fee of US$1,499 (reduced from US$1,799).  The industry-validated syllabus includes access to nine online courses: five core (Advanced Working Capital for Trade, Advanced Documentary Credits, Advanced Guarantees, Export Finance, Advanced Supply Chain Finance) and four electives to choose from within the following six courses: Digital Trade Finance and Fintechs, Advanced Standby Letters of Credit, Managing Trade Sales, Managing Trade Products, Managing Trade Operations and Advanced Commodity Finance, along with a one-time attempt at the live, proctored final examination.

New features of the CTFP include:

– Refreshed interface and visuals
– Integrated and a printable course glossary
– Search function
– Assessment dashboard
– Pre-assessment games
– Study guides for core courses

Key features include:

– Nine online e-courses
– 50 hours of interactive learning
– Five pre-assessment games
– 16 case studies from companies or individuals
– 200 assessment questions to a range of topics

A free demo of the CTFP 2020 version is now available

Robert Bugg, Author of the CTFP drafting committee
“As the pace and impact of technology on trade service processing increases, it’s important to reflect some of those changes in the CTFP training curriculum. The updated approach presents the basic principles in a more visual format that should allow the lessons to be assimilated completely and reproduced in testing.”

What are people saying about the CTFP?

Daniel Schmand, Chair of the ICC Banking Commission, Global Head of Trade Finance at Deutsche Bank
“We are pleased to see the arrival of the CTFP, a cutting-edge training programme specially designed for experienced trade finance practitioners to build the skills needed to sell, deliver and process global trade finance solutions.”

Benny Lim, Senior Vice President, Transaction Banking at Bank of Tokyo-Mitsubishi UFJ
“The core topics covered in CTFP programme are very relevant to my job scope in Transaction Banking Sales and allowed me to be more confident when discussing these topics.”

Muyiwa Esan, Global Trade Team Leader at Access Bank
“The CTFP course has boosted my career prospects. In addition to earning a promotion, I now possess the knowledge and expertise required to function effectively in all the key aspects of the trade finance business. This has renewed opportunities for progression in my career and it would not have been possible without my exposure to the CTFP course.”

At the ICC Academy, we understand the importance of developing talent, and that is why feedback plays such a significant role in the evolution of our curriculum. Following our recent Alumni Survey, 100% of Certified Trade Finance Professionals (CTFP) said the programme helped them bridge the knowledge gap, and 91% said they would recommend the certification to their colleagues.

The CTFP programme is internationally accredited by the London Institute of Banking and Finance, the Institute of Banking and Finance in Singapore and the Indian Banks’ Association.

The ICC Academy promotes the highest standards of excellence in global professional education, providing a range of specialised programmes that are industry recognised worldwide. All our industry-validated professional certification programmes are designed and taught by ICC’s unrivalled roster of international experts and practitioners and incorporate insights from external senior business leaders and policymakers.

Learn more about the advanced level Certified Trade Finance Professional (CTFP) here.

For more information, please contact:
Priyanka Satapathy
Communications and Events Manager