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  2. Elena Egorova

DRUM ADVISORY Limited

DRUM Advisory is a global asset & inventory ‘audit & control’ service provider. Our services include Management of Inventory and Borrowing Base Audits. The DRUM client base includes asset-based lenders, global trading groups and refining & manufacturing companies. With 30 years’ industry experience of managing > $30B physical commodities, DRUM is one of the original companies to develop inventory control contracts & procedures in the late 1990’s. The company has been a leader in formalising the services, definitions, and requirements within the collateral management service sector. The company specialises in the continuous physical control over inventory, including daily calculations of the underlying asset, such as authorisation of the physical [on the ground] asset release, as determined by the inventory control contract. We additionally provide inventory monitoring, loss investigation & recovery operations. DRUM Borrowing Base audit structure includes the physical identification & attachment of the asset to the declared inventory & financial reporting. Furthermore, in our capacity of a Borrowing Base Agent, we calculate & analyse the Borrowing Base asset pool, approving each drawdown within the Borrowing Base Facility, while testing and verifying each underlying transaction.

Elena Egorova
22 Tudor Street
London
EC4Y 0AY
United Kingdom

Elena Egorova has been with Drum for 15 years and is responsible for origination, structuring and setting up of Drum projects globally, with focus on borrowing base audits, borrowing base agency and physical monitoring of inventory. In her daily activities Elena is involved in negotiations with lenders and their customers, assisting to develop the optimal structure of borrowing base control mechanisms and goods monitoring for specific projects, negotiating legal documentation and performing general quality control of the projects. Before joining Drum, Elena had worked for various banks for 13 years, in structured finance, syndications and relationship management roles, focusing on corporates and financial institutions.

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