Trade Ledger

Trade Ledger is a lendtech platform designed to streamline and manage end-to-end credit journeys for businesses. It caters to companies of all sizes, from small and medium enterprises (SMEs) to large corporations. According to the vendor, banks, financial institutions, lenders, credit providers, supply chain and logistics companies, manufacturing and distribution companies, as well as professional services firms, can all benefit from Trade Ledger's solutions.

Key Features

Customer Onboarding: According to the vendor, Trade Ledger streamlines the client application process for banks, aiming to provide a seamless and efficient experience for new borrowers. It enables banks to capture and verify customer information, perform due diligence checks, and automate onboarding workflows. Additionally, it provides a user-friendly interface for borrowers to submit their applications and track the progress of their onboarding process, while aiming to ensure compliance with regulatory requirements.

Credit Origination: According to the vendor, Trade Ledger aims to empower banks to efficiently manage the end-to-end credit origination process, from application to approval. It aims to automate credit decisioning based on predefined rules and risk assessment models. The platform also allows banks to capture and analyze borrower data, including financial statements, credit history, and collateral information, aiming to facilitate collaboration between different teams involved in the credit origination process.

Risk Assessment: According to the vendor, Trade Ledger aims to provide robust tools for banks to accurately evaluate credit risk and monitor portfolio performance. Utilizing advanced analytics and machine learning algorithms, it aims to assess the creditworthiness of borrowers. Banks can track and analyze key risk indicators, such as default rates, delinquency rates, and credit utilization, aiming to ensure compliance with regulatory requirements through comprehensive risk assessment reports.

Credit Management: Trade Ledger aims to optimize credit management processes for banks, including credit limit management, drawdowns, and repayments. It aims to enable banks to monitor and track borrower activities, such as payment behavior and credit utilization. The platform aims to automate credit monitoring and alert banks of potential credit risks or breaches. In case of borrower default or financial distress, Trade Ledger provides tools for credit restructuring and workout management.

Collateral Management: Trade Ledger aims to empower banks to effectively track, manage, and optimize the value of their collateral, specifically focusing on accounts receivable. It automates the tracking and verification of collateral documentation, such as invoices and purchase orders. The platform provides real-time visibility into the status and value of collateral assets, aiming to enable banks to calculate and manage collateral coverage ratios and make informed lending decisions based on collateral value.

Portfolio Management: According to the vendor, Trade Ledger equips banks with comprehensive tools and analytics to effectively monitor, analyze, and optimize their credit portfolios. It enables banks to track portfolio performance metrics, such as portfolio yield, default rates, and profitability. The platform facilitates portfolio stress testing and scenario analysis to assess the impact of economic downturns or other risk factors. It also aims to help banks identify opportunities for portfolio diversification and optimize risk-adjusted returns.

Platform Intelligence Network (PIN): According to the vendor, Trade Ledger ingests and intelligently interprets multiple sources of data from across a business's supply chain. It enables lenders to match customers with the right credit products based on real-time data insights. The platform provides actionable insights and tasks derived from supply chain data. It offers workflow and task management, document generation, notifications and alerts, collaboration tools, reporting and analytics, as well as developer tools.

Powerful and Easy-to-Use APIs: According to the vendor, Trade Ledger offers a comprehensive suite of open APIs designed to support buy, build, or hybrid strategies for seamless integration. It allows businesses to access Trade Ledger's functionality without the need to stitch together disparate systems. Lenders can build custom applications and interfaces using Trade Ledger's APIs. The platform provides API documentation and developer tools to facilitate integration and customization.