ING teams up with AI-powered trade platform Tradeteq

Thursday 20 February 2020 11:18 CET | News

ING has teamed up with trade finance platform Tradeteq to start distributing commodity trade finance exposures to non-bank institutional investors.

Tradeteq facilitated a transaction between ING and Federated Hermes, a large American institutional investor, on 4 February 2020.

The platform offers an end-to-end solution covering three elements: portfolio management and trading automation; risk analytics that provide greater transparency; and securitisation-as-a-service. This allows investors to access trade finance in a standardised way.

Tradeteq allows banks and institutional investors to transact trade assets. It uses advanced analytics and AI-driven credit scoring to give trade finance assets accurate risk scores, helping investors to evaluate opportunities, make better informed decisions and become more efficient by eliminating manual processes.

More: Link

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Keywords: Tradeteq, ING, trade financ, e institutional investor, bank, access to capital, risk score, portfolio management, Federated Hermes, US
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech