GTR Leaders in Trade Awards Names LiquidX Finalist in Two Categories
LiquidX is a finalist at the prestigious GTR Awards in the Best Fintech for Trade and Best Software for Trade Finance categories.
March 16, 2022
LiquidX is a finalist at the prestigious GTR Awards in the Best Fintech for Trade and Best Software for Trade Finance categories.
LiquidX’s digitization technology transforms working capital through digitization and connecting data to significantly reduce manual processes, cost, and complexity across the entire financial supply chain.
LiquidX posted insurance revenue growth of 600% based on strong uptake of its digital credit insurance technology.
LiquidX joined the risk management and insurance industry’s largest blockchain consortium and will participate in a working group serving the surety industry.
Digital distribution of trade finance assets from LiquidX helps banks and asset managers to eliminate inefficient, paper-based processes, improve capital utilization and risk mitigation, and provide liquidity to support clients.
The Monetary Authority of Singapore (MAS) named LiquidX Insurance Services (Singapore) Pte. Ltd. a finalist for the Singapore FinTech Festival (SFF) Global FinTech Awards 2021.
The trade credit insurance ecosystem loses over a billion dollars annually due to process inefficiencies, lack of transparency, and human error.
“We are building an online digital network to connect people who need capital with people who have capital,” said Jim Toffey, LiquidX CEO.
Coface Singapore Branch has joined the LiquidX 360 digital platform.
Mr. Raymond will lead the commercial expansion of LiquidX’s ground-breaking LiquidX’s digitization technology digital working capital platform.
LiquidX announced that Kristen Michaud will lead its LiquidX’s digitization technology business and has joined the Senior Management Team. LiquidX’s digitization technology optimizes working capital manage for corporates, banks, and insurers.
Blockchain provides visibility and traceability in supply chains, and has the potential to provide significant support for Environmental, Social and Governance (ESG) efforts.