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[Music] so introduction here are you worried from and what you did so my name is Celia Kellogg Im Swiss I have worked a little bit all around the world and then at the moment in Frankfurt working first mystery but here today Im talking to you in my function as member of the board of itz heading the insurance committee and also treasurer itself thank you so what is the importance of standardized documents for banks and insurers with in trade finance yes thats a very important question being I was just on a panel at Xcaret insuring short-term trade finance business conference and it was a really interesting panel on should and documentation and when you do insurance policies between banks and insurance companies should it be standardized and we came to the conclusion I think that yes although they are still some hurdles it is very important to standardize why because our market isnt we spoke bilateral market and always tends to keep under the radar thinking bad things will pass but