When we launched in 2016, LiquidX was trying to be everything for everyone: transaction management, corporate treasury, insurance, and business operating technology for banks and FinTech SaaS partners.
Since then, we’ve processed over $120 billion in trade finance transactions across multiple product streams and sectors. Of that, $90 billion was in the last 5 years (2020-25; not counting what we’ve processed in 2026).
Now, we are iterating and evolving into a new era.
Consolidating on our core strengths and moving forward with an exciting product roadmap to further enhance our market position.
Making sure we serve our customers even better, and facilitate new partnerships and client relationships.
What is LiquidX, and Which Markets Do We Serve?
LiquidX offers the only complete end-to-end digital solution for trade finance and working capital, making it easier for global and regional banks, and asset managers (financial institutions) to scale globally.
LiquidX enables FIs to deploy a single, modular digital platform that digitizes trade and working capital flows from inception to distribution, and everything in between.
Our three main markets are:
Regional Banks Rely on LiquidX for Trade Finance Software
How Asset Managers Are Using LiquidX to Scale Trade Finance Operations & Profits
Why Global Banks Rely on LiquidX for Trade Finance Software
Key Benefits of LiquidX
One of the main advantages of working with LiquidX is that we empower FIs to get to market faster and enhance client relationships without additional overhead.
Key benefits include:
- Expanded deal flow
- Reduced risk
- Standardized operational efficiency
- Data mapping capabilities
- Trade finance portfolio management (including distribution and syndicates)
- Analytics within the trade finance servicing tools.
- Distribution to increase balance sheet management capabilities
We’ll go over our core features and the new features we’re developing in more detail further down in this article.
What’s Changing With LiquidX in 2026?
LiquidX is moving more into pure business operating tech and transaction management. From now on, our focus is on supporting global and regional banks, asset managers, and FinTech SaaS (usually via a white-label model).
Over the years, the market has evolved. Other providers have entered, consolidated, or exited.
Our key strategic shift in 2026 is moving to a purely product-centric approach.
Unlike other providers that still operate on a transaction-based model and sometimes appear to be competitors to the FIs they serve, we provide technology at scale to our global and regional partners.
Here are a few ways clients can already or will soon be able to benefit from LiquidX’s software:
Inventory Finance
- As AP (Accounts Payable) reaches saturation and competition in AR (Accounts Receivable) intensifies amongst banks, non-bank lenders, asset managers, and other players in this sector, many FIs are expanding their working capital solutions to include inventory finance (IF).
- However, IF often requires highly customized structures and longer implementation timelines, making it a more complex and challenging asset class.
- We’ve supported AR, AP, SCF, and IF asset classes for some time and continue to improve our platform and asset-agnostic approach to trade finance.
Embedded Finance
- We are working on expanding access to working capital by integrating financing solutions directly into client workflows. This means that inventory finance can be integrated through ERP systems and early payment functionalities.
- For this financial vehicle, SMEs serve as the primary entry point into this market.
- We are going to make it easier for banks of every size and other financial institutions to serve the SME market in the US, Europe, and worldwide.
Fraud Mitigation
- Trade finance and private credit suffered a few shockwaves towards the end of 2025 (First Brands Group (FBG), Tricolor, and Cantor Group), and we’re still feeling the impact of those failures across the industry.
- As bankruptcy and court documents show, compliance was so weak that double- or even triple-factored invoices were present in invoice factoring and embedded finance programs. Leverage upon leverage. Risk multiplied.
- Periodic KYC is no longer fit for purpose. Periodic, calendar-based reviews cannot keep pace with the rapid evolution of counterparty risk. There have been too many high-profile compliance and KYC failures to justify the risk of continuing to use tech that isn’t fit for purpose.
- Perpetual KYC (pKYC) is the way forward. A continuous, event-driven approach — tightly integrating onboarding, sanctions screening, transaction monitoring, and case management — gives banks, asset managers, and corporate treasuries a real-time picture of counterparty risk and a defensible audit trail.
AI Integration
- In the sector, and across all of financial services, sentiment around AI ranges from excitement to caution. The key challenge is always about the practical and effective implementation tailored to meet client needs, and this is a different conversation for every service provider and FI.
- In our GTR survey, participants said that AI, automation, and digital platforms are seen as the primary drivers of transformation.
- AI adoption is underway, but not universal: 50% are already using AI/ML tools.
- The other 50% are not yet using AI, but many are considering it.
- As we’ve seen across the board, FIs are stepping up their due diligence on AI applications to ensure reliability, security, and compliance.
- AI usage appears stronger among larger or digitally focused institutions.
- Industry leaders like Broadridge report 80% of firms globally are making moderate to large AI investments, signaling a decisive shift in the competitive landscape (our key strategic partner).
- Joon Kim, global head of trade finance and cash management platform at BNY, said: “If you do not have an AI initiative at your respective organizations, and do not have a use case, I think that’s sort of like… a red flag” (BAFT GAM, Florida, May 2026: GTR).
AI is a topic we’ve covered a few times, and the debate will continue over the next few years.
Adoption won’t be widespread, nor fast.
Right now, we are taking a pragmatic approach, implementing the right amount of AI, with full safeguards, on a client-by-client basis, according to what individual companies need and want.
Read more about our evolving approach to AI and machine learning (ML) in these articles:
How Can We Realize AI’s Potential To Generate Value in Trade Finance
AI & ML in Trade Finance: From Buzzword to Back Office Reality
The advantages of a platform and document-agnostic trade finance solution
How AI is Changing Trade Finance Risk Management
Completing our transition from a transaction-based model to providing operating technology for global FIs on a SaaS basis is a crucial step in our journey.
Over the next few months, we will preview and announce new features and platform enhancements.
Core Features of the LiquidX Platform
Digitize Any Document: Trade finance software that can take in any invoice format (e.g., XLSX, PDF, etc.) and use that as workable data downstream across the trade lifecycle.
Monetize Working Capital with Trade: A complete front office trade finance solution to originate and distribute AR, AP, SCF, IP, and asset distribution transactions across any and all transaction types.
Risk Management with TradeHub: Manages portfolio risk with ease. Aggregate positions from various banks and platforms in a real-time dashboard.
When we roll out TradeHub 2.0, this will include:
- Enhanced and completely customizable data views, aggregations, and consolidations.
- The ability to monitor risk at the portfolio level.
- A 1-click decision tool: Want to distribute or decrease portfolio risk with insurance? You’ll be able to do that from a massively enhanced dashboard.
- Other self-serve tools, solutions, and a lot more are coming for every customer in 2026 and 2027.
InMatch: Can handle reconciliation challenges for asset managers.
Turn-Key Business Process Outsourcing with TradeOps: Combines the most advanced technology of LiquidX and the world-class outsourcing capabilities of Broadridge to deliver a turnkey back-office operations solution in trade finance. Working together, we enable our clients to effectively scale with no additional overhead.
Empower trade finance investors, banks, and asset managers to improve efficiency, reduce operational costs, and scale by 30-50%
Broadridge is LiquidX’s largest committed investor and strategic operational services provider for payment processing, account reconciliation, and global operational scalability.
Banks and asset managers: To request a demo of our trade finance distribution solutions, click here.