This recognition as the “Best Innovator in Global Trade” is a testament to all the hard work of a highly talented team and the value we deliver to our clients.
(PRWEB) November 01, 2017
Trade Finance Global is non-for profit and seeks to recognize and promote those who are greatly contributing to the trade finance sector. James Sinclair editor of Trade Finance Global, said: “Trade as a whole needs to be advanced, both in financing and education. The sector will only grow by finding the best talent and promoting the most appropriate financing and logistics solutions. We understand that the sector does not simply stop with the financing side, but needs to be supported and advanced by looking at many areas.”
TradeIX is the leader in rewiring trade finance by providing the most connected and secured platform infrastructure for banks, financial institutions, corporates, technology companies, value add services providers - all parties involved in the trade ecosystem. This is accomplished with its distributed trade finance platform that leverages APIs and blockchain technology.
At the end of September, TradeIX with enterprise software firm R3 and over a dozen international banks, launched an open account trade finance platform powered by API’s and distributed ledger technology. Through this platform, banks such as Barclays, BBVA, BNP Paribas, Commerzbank, ING, Intesa Sanpaolo, Royal Bank of Scotland, Standard Chartered and Wells Fargo will be able to automate pre- and post-shipment financing and risk mitigation for their customers around the world.
“Our team strives every day to deliver trade finance platform technology that reduces costs, increases compliance transparency and expands trade finance opportunities to our customers and their clients. This recognition as the “Best Innovator in Global Trade” is a testament to all the hard work of a highly talented team and the value we deliver to our clients,” said Rob Barnes, CEO at TradeIX.