Fourteen global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets.
ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation are among the banks backing the Trade Finance Distribution Initiative (TFD Initiative).
TFD Initiative is powered by Tradeteq, the global trade finance distribution platform. Tradeteq’s technology allows banks and institutional investors to connect, interact, and transact.
The International Chamber of Commerce (ICC) UK and the International Trade and Forfaiting Association (ITFA), the international association for banks and financial institutions involved in cross-border trade and forfaiting, have each joined TFD Initiative as an observer.
