Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

CCRManager rolls out supply chain platform for banks

Thursday 18 May 2017 | 12:09 PM CET

CCRManager, a Singapore-based fintech company, has launched an online platform for the distribution of trade finance, supply chain finance and working capital assets for banks.

This platform allows banks to administrate the entire process of distributing trade finance internationally to other banks, credit insurers, and fund managers. Financial companies, such as DBS Bank, Swiss Re Corporate Solutions, UniCredit, ICICI Bank and Bank of China, have joined in developing the program, while others (ANZ Bank, Bank of America Merrill Lynch, BBVA, Bank of East Asia, BNP Paribas, HSBC, Industrial and Commercial Bank of China, Mitsubishi UFJ Financial Group, Mizuho Bank, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation) have signed to become partners over the next months.

CCRManager provides infrastructure for the global financial sector that will enhance capital, credit, and liquidity management, and it is expected to bring instant benefits and new investors for participating financial institutions.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement