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GTR: 9 key trade finance tech developments of 2019
Published on:
January 13, 2020
The Trade Finance Distribution Initiative was listed as one of the most significant tech developments in trade finance in 2019.
Speaking to GTR, Tradeteq's CEO, Christoph Gugelmann, commented, “If you think in terms of the structured credit world, there is a market for any bank product out there other than trade finance. You can purchase mortgage-backed securities, credit card debt, auto loans, anything which a bank provides, right now, this second. You cannot do this today with trade finance. But now that trade finance is being more digitalised, there is no reason why that asset class should not be available.”
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