LiquidX has announced that Crédit Agricole Corporate and Investment Bank (CACIB) is leveraging LiquidX’s white-label technology and syndication capabilities. As a top 10 bank by assets, CACIB can offer trade finance programs to existing and new customers on LiquidX’s industry-leading, end-to-end platform for working capital solutions.

In this partnership, LiquidX provides CACIB with advanced—yet easy-to-use—software to manage deal flow. For example, CACIB uses LiquidX’s trade module to automate the participation to a number of funders via a robust reporting infrastructure. Prior to migrating to LiquidX, CACIB’s back-office support was largely manual, bogged down by time-consuming document handling, compliance checks and communication between parties. Automation increases efficiency and reduces the risk of errors.

By adhering to a streamlined process through LiquidX, CACIB’s funders can elect to receive deal notifications via email or have access to an expansive platform reporting. The program is functionally supported through the LiquidX reporting that we provide to CACIB’s client and their bank group.

Here are the highlights of the successful program already in place:

• $1.5B accounts receivable program for a global corporate
• Eight participant banks
• Global footprint across time zones in NA, EMEA and APAC

“Liquidx has diligently developed a compelling solution to support the business requirements and provide an end to end solution from the sale  of the receivables by the Seller to the distribution to the participant banks, including eligibility checks, calculation, notification and reporting to all applicable parties, including participant banks. It allowed CACIB to automate many manual tasks performed by its middle office and to eliminate operational risk and improve the quality of service provided to the seller, including full visibility in real time to activities and data.”

Mona Ghazzaoui, Managing Director – Head Receivable and Payable Financing Americas at Crédit Agricole CIB

Growing Market Need for Syndication and Distribution Software

More and more financial institutions are looking for advanced trade software to support syndication and distribution. As they aim to grow and handle more complex trade finance transactions, modern solutions provide the scalability needed to manage larger volumes and more intricate deals efficiently. Advanced platforms also allow financial institutions to effectively assess and manage the risks associated with syndication and distribution, with tools such as credit scoring, risk analytics and scenario planning.

We share details on LiquidX’s perspective on the impact of these regulations in a previous blog post.

Partnering with LiquidX for Enhanced Customer Solutions

LiquidX provides financial institutions with a linear ecosystem they can use to structure accounts receivable (AR) and accounts payable (AP) programs for their corporate customers in either a white label or co-branded environment. For financial institutions that already have existing trade finance infrastructure, we can deploy individual modules of LiquidX for transacting with your clients in a private, branded environment. We can also deploy our digitization technology for automating middle- and back-office processes, and provide visibility into the underlying assets in trade finance transactions.

Click here to request a demo and see LiquidX’s full capabilities.