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.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now