PrimaDollar
Nigel Davies has a diverse and extensive work experience history. Nigel is currently serving as the Chief Technology Officer at PrimaTrade, where they lead the technology team in providing innovative solutions for early payment, supply chain finance, and supply chain management. Prior to this, they held the same position at ES3G, focusing on low-cost and scalable human rights monitoring in supply chains.
In 2019, Nigel worked as a Technical Consultant at Henyep, where they successfully produced IT policies, processes, and systems design for a payments business. Nigel reported directly to the CEO and Chairman during their time there.
From 2017 to 2019, Nigel took a sabbatical.
As a Technical Director and Architect at First Data from 2015 to 2017, Nigel played a senior consulting role, leading the technical development teams and successfully delivering the greenfield omniplatform portal on time and within budget. Nigel also designed and implemented a Java-based AWS EC2 cloud architecture.
From 2006 to 2015, Nigel served as the Director at Business Control Solutions, where they were responsible for architecting and designing balance sheet substantiation and control software, as well as agent bank reconciliation products. Nigel introduced agile practices into the development process and managed and led the development team, overseeing product strategy and architecture.
Prior to that, Nigel worked as a Technical Consultant at Trafin in 2004, where they provided advice on IT systems setup and developed their securitisation system. Nigel also designed and wrote complex customized reports for securitization models.
Lastly, Nigel held the position of Technical Architect and Implementation Consultant at DEMICA from 1999 to 2004. There, they were involved in the development and architecture of the trade receivable securitisation system, Citadel, and traveled extensively as an Implementation Consultant.
Overall, Nigel Davies has demonstrated a wide range of expertise and leadership in technology roles across various industries throughout their career.
Nigel Davies has a Bachelor of Science (Hons) degree in Business and IT from the University of Kent. No specific start or end year for their education is provided.
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PrimaDollar
We are a global fintech working on an enterprise SaaS basis enabling large corporates to collect real-time ESG data, shipping documents and other information on their international suppliers and shipments. We digitise trade documents using leading-edge OCR and ML systems. Along with other data that we collect, we generate real-time ESG scores onfactories and deliver efficient trade finance and supply chain finance into the international supply chain at shipment.Our revolutionary worker app collects data continuously directly from workers in factories on pay, conditions, safety and governance. Worker data is used to create a factory social score, and to monitor for issues (forced labour, bad conditions, unsafe practices).; the social score is also used to drive the cost of trade finance into the supply chain so that continuous improvement can be delivered via supplier economics. Companies are ready to spend significant sums right now to evaluate, monitor and manage ESG issues in their supply chains. This is a big and global market, poorly served, very motivated for innovation.There is a massive data gap in the market, as ESG information is typically based on annual surveys and self-certified reports. What is needed is “real-time ESG” data, delivering trusted data that is updated continually worker, factory, product and shipment level. Technology can be used to solve this problem.Barriers to entry are high. Designing and building real-time ESG data collection systems requires significant infrastructure and a lot of know-how. The problem is difficult to solve and no one else seems to be attacking it right now.Significant additional value is created if real-time ESG data can then linked to trade finance; this provides the tools for larger corporates to drive continuous improvement in their ESG performance whilst also allowing large corporate importers to save money immediately. The problem is worth solving and the solution has a number of interesting dimensions.We are experiencing high demand for our services, and we are live with major retailers and brands supporting their international supply chains, getting their suppliers paid at shipment (trade finance) and collecting the real-time ESG data on worker conditions that enables them to drive improvements in social and governance issues deep into their supply chains.We pivoted out of an export trade finance business (a credit and balance sheet business) to a pure SaaS fintech early in 2021 for strategic reasons. We sold our export trade finance client base to competitor in March 2021 in order to focus on our fintech platform.