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.
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