Focused initially on the major trade lanes and based on actual transaction data. We are a neutral and impartial organization in accordance to antitrust requirements.
TAC specializes in the compilation of industry reference price data for clearly specified products, using rigorous, transparent processes and secure web-based technology. Our objective is to compile and publish reference prices (“Indices”) that are highly representative of physical market transaction prices for selected products. The Indices are based on price data submitted by companies active in the relevant product markets, participating in physical transactions of specified products. The approach is data driven, based on statistical analysis of pricing data.
The Indices are compiled using transparent and verifiable processes, providing market participants with confidence in their objectivity and making them suitable for financial instruments. TAC has no financial interest in the prices of the products for which it compiles Indices. All data providers are anonymous and actual transaction data remains completely confidential.
The TAC Index Company is based in Hong Kong, with operations also maintained in Europe and the United States.
Mr. Frei focuses on the data providers. Mr. Frei was instrumental in defining the product. His air freight experience spans over 25 years in high level positions including IPO of one of the world leading companies. Executive programs at Columbia, Cranfield Universities and IMD followed on to his marketing degree.
For many years Mr. Burnett has worked closely with the commodity markets to index air cargo. Mr. Burnett has 20 years experience in the aviation sector specializing in aircraft charter. A graduate of Durham University and read Engineering.
Dr. Notaras received his PhD in physics from Imperial College London and has had 10 years of experience in data analytics and software development. Dr. Notaras is developing the data management and analytics systems for the TAC Index and is interested in novel ways to mine the available air cargo data.
Mr. Picard expertise in IT projects is central to TAC Index web application development. Mr. Picard started his career at Orange Group in Paris, then served over 10 years in several positions in Asia. He holds Master's degrees from both Sorbonne University and Telecom Sud Paris.
Mr. Honarvar is a graduate of NYU and worked with Oppenheimer initially in New York and subsequently in direct investment in Hong Kong. Mr. Honarvar has been involved in raising over US$70 million of capital and brings a wealth of early stage financing and operational experience to the company.
A French national who graduated from the EDC Business School in Paris - La Défense. Ms. Picard worked 10 years as Sales Executive for various textile companies, Deveaux group being the last. Later joined the head office of Philip Morris and worked 6 years with the company in sales and PR.
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