Swiss based Adamantlane AG has announced that it has onboarded its first billion-dollar partner onto its Liquidity Hub platform since its launch in 2019.
Adamantlane onboards its first billion dollar partner
Adamantlane started in 2019 with the mission to deliver a consistent system of automation, performance, transparency, and reliability to the trade finance market.
Through its platform Liquidity Hub (Co-innovated with SAP), it intends to improve the experience in the trade finance sector by increasing the speed, transparency, and risk predictability of the market and completely digitizing trade finance processes end to end.
As headlines have started to appear in the trade finance market recently (Greensill, Evergrande), many companies are poised to update and digitize to ensure a future proof offering.
In a multi-trillion dollar market, technology is playing an increasingly critical role in every aspect of the business. As a result, companies recognise that they need to accelerate the development of their digital solutions for finance programs to ensure they remain on the competitive vanguard.
The partnership brings together one of the top trade finance providers globally with a multi-billion dollar turnover and Adamantlane’s technology – Liquidity Hub.
Co-Founder and partner Marc Clapasson states, “We are delighted to onboard our first billion-dollar client, it’s great to see our hard work pay off and for the team to see our technology used on a scale we haven’t had these past two years.
In today’s economic landscape, we will see trade finance play a pivotal role in businesses adapting to more and more challenges. With that, the asset class needs to remain confident and healthy. Technology is helping with that.”
“Whilst it’s great to onboard our first, we are in the process of onboarding other substantial partners and are pretty happy to sit in the background knowing our technology is at scale,” continues Clappasson.
“We are technology providers with trade finance backgrounds, so seeing friction s points and evolving the Liquidity Platform is what we do.”
About Adamantlane
Swiss based adamant lane AG Formed in 2019 by Partners Marc Clapasson, Jon Turnes, Oliver Schreiber and Otto Johansen combines decades of experience in the financial industry, Adamantlane AG builds latest technologies and look to continuously innovate integrated solutions for trade finance. For more information visit adamantlane.com
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