Singapore fintech wants to take corporate loan trading into digital future
Market is largely manual and relationships-based, traditionally thriving on roadshows, voice calls and Rolodexes
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Kelly Ng
Singapore
WHILE equities, foreign exchange and bonds are primarily traded electronically today, the trading of corporate loans has remained largely a manual and relationships-based exercise.
Seeking to enhance the efficiency and liquidity of this market - which has traditionally thrived on roadshows, voice calls and Rolodexes - Singapore-based fintech iLex is creating a digital platform that allows automation for loan syndication and trade execution from start to finish.
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