Based in london HUBX, a transaction syndication platform for banks and brokerage firms, welcomed two new investors – ACF Investors’ Delta Fund and Mandalore Partners to join its existing investors Barclays and Basinghall Partners.
Eyes to create momentum
Axel Coustere, co-founder of HUBX said: “Banks are embracing end-to-end execution and better customer experience throughout the value chain. The upstream trade syndication process is the next logical step in terms of digitization in capital markets. We look forward to working with Mandalore Partners and ACF Investors to ensure adoption of the platform in this space. “
Stephen Ong, co-founder of HUBX added: “We are excited to digitally connect more players in the private transaction syndication markets. By providing a single infrastructure for large and small banks, we can deliver significant efficiencies for large institutions, cost effective cutting edge technology for smaller ones, and digital transformation of front office operations out of the box. .
Minh Q. Tran, Managing Partner at Mandalore, said: “Mandalore Partners is investing in Insurtech and focusing on Decentralized Finance (#DeFi) with possible acceleration of blockchain technology adoption. Therefore, we want to integrate more institutional investors in marketplaces or blockchain platforms to value new alternative private equity assets. “
Tim Mills, CEO of ACF Investors, said: “HUBX has built a robust, highly usable and extremely scalable platform to improve efficiency, but also improve customer experience, for one of the biggest areas of business. capital markets. With the traction they now have with the big institutions in Europe and the United States, they serve to build the strength of the value proposition. “
HUBX: a warning
Based in London, HUBX aka Hub Exchange Limited offers cutting-edge trade syndication platforms to help banks, brokers, exchanges and asset management firms execute private trades within their own network and beyond. of the. It helps financial institutions meet critical transaction turnaround times and dramatically reduce the costs associated with executing and syndicating private transactions. HUBX provides its robust and secure platform directly as well as through contractors and leading industry service providers.
The platform allows financial institutions to digitize their syndicated loan and private placement transactions while securely collaborating with other organizations without sharing private data. This gives each HUBX customer access to other customer networks for transaction syndication and joint bookkeeping on a private basis. HUBX customers and partners include Tier 1 banks, Finastra and Barclays.
With its solution, HUBX simplifies collaboration between banks by allowing institutions of all sizes to quickly deploy their own transaction syndication platform and share transactions on their own terms privately. Each platform leverages actionable insights and structured data that connects to back office systems such as Fusion Loan IQ, to provide a single source of truth and straightforward processing.