Title: Cisco leadership spotlight: Rajiv Menon, Mananging Director of Cisco Systems Capital in APJC
Welcome to the Cisco Asia Pacific Japan and Greater China (APJC) leadership spotlight series, where Cisco executives share their expertise and vision, as well as hot topics in the APJC region.
In the wake of the global financial crisis, increasingly more corporates are assuming the traditional role of a bank, offering financing to their customers. Cisco is no exception, having incorporated Cisco Capital globally as early as 1996, followed by Asia Pacific two years later. We speak to Rajiv Menon, Mananging Director, Cisco Systems Capital, APJC on the latest state of technology financing and the global financial system.
As head of Cisco Capital …show more content…
Today, Cisco Capital offers the most flexible and cost-effective financing option available for technology investments. I can confidently say that we provide literally no one else can match on the market. In fact, utilizing us is better than our customers spending their own cash, although a number of them have a lot of disposable cash.
One of the largest customer segments that we’ve at Cisco Capital is the financial services industry (FSI) – banks, insurance companies and investment firms, which are supposedly the smartest with their money, yet engage our tech financing services. There are many other non-FSI-based examples, too, but similarly cash-rich big corporates in our client …show more content…
Hence, we are able to take risk and provide more flexible structure and TC options to our customers, which is why they end up using Cisco Capital.
Q: Given the state of play of the global financial system, do you think the role of corporates like Cisco in providing financing will become more prominent in the coming years?
Yes in terms of customer uptake, but no for a huge increase in corporates providing financing from their own balance sheet.
During the global financial crisis (GFS), some companies went bankrupted not because their businesses were going bad, but due to banks cutting previously approved credit lines to them, leading to a liquidity crisis. Since then, this has fundamentally driven lots of corporate CFOs to rely more on vendor financing.
If you look at the banking regulatory environment post-GFC, banking authorities globally have also been restricting banks on how they use their balance sheet. As a result, banks these days are focusing mostly in fee-based activities, but someone still got to lend the money. This is precisely where corporates come in, fundamentally changing the role of tech financing and elevating its
Welcome to the Cisco Asia Pacific Japan and Greater China (APJC) leadership spotlight series, where Cisco executives share their expertise and vision, as well as hot topics in the APJC region.
In the wake of the global financial crisis, increasingly more corporates are assuming the traditional role of a bank, offering financing to their customers. Cisco is no exception, having incorporated Cisco Capital globally as early as 1996, followed by Asia Pacific two years later. We speak to Rajiv Menon, Mananging Director, Cisco Systems Capital, APJC on the latest state of technology financing and the global financial system.
As head of Cisco Capital …show more content…
Today, Cisco Capital offers the most flexible and cost-effective financing option available for technology investments. I can confidently say that we provide literally no one else can match on the market. In fact, utilizing us is better than our customers spending their own cash, although a number of them have a lot of disposable cash.
One of the largest customer segments that we’ve at Cisco Capital is the financial services industry (FSI) – banks, insurance companies and investment firms, which are supposedly the smartest with their money, yet engage our tech financing services. There are many other non-FSI-based examples, too, but similarly cash-rich big corporates in our client …show more content…
Hence, we are able to take risk and provide more flexible structure and TC options to our customers, which is why they end up using Cisco Capital.
Q: Given the state of play of the global financial system, do you think the role of corporates like Cisco in providing financing will become more prominent in the coming years?
Yes in terms of customer uptake, but no for a huge increase in corporates providing financing from their own balance sheet.
During the global financial crisis (GFS), some companies went bankrupted not because their businesses were going bad, but due to banks cutting previously approved credit lines to them, leading to a liquidity crisis. Since then, this has fundamentally driven lots of corporate CFOs to rely more on vendor financing.
If you look at the banking regulatory environment post-GFC, banking authorities globally have also been restricting banks on how they use their balance sheet. As a result, banks these days are focusing mostly in fee-based activities, but someone still got to lend the money. This is precisely where corporates come in, fundamentally changing the role of tech financing and elevating its