“Securing the finance for a film project? It’s unbelievably, almost intolerably, stressful.”
That’s what producers told us at this year’s Cannes Film Festival.
CEO Jane Turner and CPO Sarah Gooding were there, hosting a roundtable discussion on Managing the Realities of Global Film Finance with a group of top financiers, bond guarantors and producers. All agreed there was room to improve the current laborious, opaque and slow-moving process of securing finance and moving a project into production.
As a result, there was also significant interest in Centtrip’s unique, fast and efficient, end-to-end solution.
Centtrip’s film finance management provides a secure, single platform from which to manage funds from financing in escrow, through production, to receipt of international tax credits and distribution of revenues.
The benefits that attracted most discussion included:
Our safeguarded, multi-currency accounts for escrow, production, collections and payments.
Instant, fee-free transfers between accounts on the Centtrip platform.
Tailored escrow services, accounts and onboarding.
Efficient FX services to help secure multi-currency financing.
Localised IBANs in key tax credit jurisdictions to streamline fund flows and compliance.
Role-based user access for full transparency between bond administrators, producers and accountants.
The roundtable was a fantastic opportunity for us to listen and learn over lunch under the Cote d’Azur sun. So, we would like to say a huge thank you to the team at Screen International for arranging the event and to all our guests who were so generous with their time and knowledge.
You can read Screen Daily’s report on the roundtable event, here
And, if you’re intrigued to learn more about how Centtrip’s unique solution can help roll your next production from escrow to Oscar, please get in touch with us today.
