Traydstream and TradeAssets join forces to provide greater value for their clients


London, 24 September 2019:

Traydstream is proud to announce a partnership agreement with TradeAssets, a trade finance e-marketplace of its kind for banks. The strategic alliance was signed today at SIBOS 2019 by representatives of Traydstream and TradeAssets.


Powered by blockchain and launched out of the Middle East, TradeAssets was built to create efficiency and transparency in the institutional deal-making process, increase connectivity between institutions globally, make trade finance more accessible, and improve profitability for clients.


There is great synergy with Traydstream, which provides comprehensive rules-based checking of trade documents, as both firms seek to use automation and digitization to improve the manual, error prone and paper-based processes that underpin trade finance.


Shishir Vyas, Head of Partnerships, says “TradeAssets has developed an innovative platform that connects banks worldwide on a real-time basis to originate and distribute trade deals. By having this ability in addition to the trade transaction processing capability of the Traydstream platform, customers will be able to optimize credit usage as well in an automated, seamless and scalable manner.”

“TradeAssets believes that a global ecosystem will best serve the needs of financial institutions in this age of real-time connectivity. Partnering with like-minded organizations like Traydstream will be help us derive many synergies that are critical for success in this rapidly-evolving industry,” noted Sumit Roy, President & Chief Marketing Officer at TradeAssets.

About TradeAssets
Founded by senior banking professionals Lakshmanan Sankaran and Sumit Roy, TradeAssets is creating a global ecosystem of financial institutions trading in secondary and primary trade finance assets. It aims to create a digital ecosystem that connects banks across the world 24/7 and allows participants to instantly connect and negotiate price across a suite of trade related products online.

Team TradeAssets consists of industry veterans with decades of experience in international banking, located across global financial centres.

For more information, please go to tradeassets.online