LiquidX was named a finalist in the “Tech of the Future” category at the BankingTech USA Awards sponsored by Fintech Futures. The awards recognize outstanding achievements and successes in the banking and fintech industry across the United States. LiquidX technology was also recently shortlisted in two categories in the GTR Leaders in Trade awards.
The scalable, flexible technology offered by LiquidX allows banks already involved in trade finance to streamline their operations, scale without adding resources, and improve profitability. The company also provides turnkey services that allow banks to enter the trade finance asset class without additional tech or back-office investment.
LiquidX offers individual solutions or an entire suite of services, centered around three core capabilities:
- Trade Finance – Marketplace and white-label offering to originate, distribute, participate, and securitize trade finance assets.
- Working Capital Automation and Digitization – LiquidX’s digitization technology blockchain solution to digitize and service receivables finance, insurance, and loan assets over their full lifecycle, including ingestion, digitization, connection, validation, monetization, and automation.
- Position and Risk Management – Real-time monitoring of portfolio analytics and enhanced reporting and analysis, as well as the industry’s first fully digital platform for trade credit insurance management.
Banks benefit from partnering with LiquidX in several ways:
Scale origination and distribution: Banks can overcome the back-office constraints to scaling their trade finance business by using software-as-a-solution fintech, delivering a better client experience and differentiating themselves from the competition.
Grow without adding additional resources: Banks can complement their current working capital offering with new solutions to further drive origination and expand client lending relationships.
Stop managing by spreadsheet: By digitizing assets such as purchase orders and invoices, and documents such as loan agreements and insurance policies, banks can turn flat PDFs into smart contracts to automate back-office functions.
Access turnkey tech, legal, and operations: LiquidX allows banks to get started in trade finance with minimal upfront resources with either a light touch or deep integration into the back office.
LiquidX’s highly scalable platform, combined with its ability to automate the entire working capital lifecycle, are the company’s key competitive advantages in a crowded landscape.
About The Banking Technology Awards
The Banking Technology Awards is a premiere awards event by FinTech Futures, the definitive source of news and analysis for the global fintech sector.
After the continued success of its annual Banking Tech Awards in London, FinTech Futures will host the awards in the United States on May 19, 2022, in San Francisco to bring people together to recognize the outstanding achievements and successes in the banking and fintech industry. To learn more, visit: https://informaconnect.com/banking-tech-awards-usa/.
