In a rapidly evolving financial landscape where innovation is key to success, Trade Ledger emerges as a trailblazer, reshaping commercial banking. Co-founder and CEO Martin McCann says Trade Ledger provides modern technology platforms and data services to empower banks worldwide to effectively lend money to businesses.
“For too long, the banking industry has been inward-looking, focusing on its interests rather than meeting the needs of small and medium-sized enterprises (SMEs),” says Martin McCann, Co-Founder of Trade Ledger. “There’s a significant gap between the demand for working capital among growth companies and the supply provided by traditional banks. We’re committed to bridging this divide.”
With a keen understanding of businesses’ challenges in accessing finance, Trade Ledger aims to revolutionize commercial lending. “Our platform is designed to enhance the efficiency and effectiveness of lending operations,” explains Alan Beattie, President APAC at Trade Ledger. “By leveraging modern technology, we empower banks to serve their clients better while optimizing their capital.”
Capital Copilot, a groundbreaking commercial banking AI powered by Microsoft technologies, is at the core of Trade Ledger’s offerings. This innovative platform gives banks a comprehensive solution to digitize and modernize their lending processes, driving efficiency and enabling better risk management.
“Our partnership with Microsoft is integral to our mission of transforming commercial banking,” says McCann. “Through Azure Open AI services, Capital Copilot offers banks unparalleled insights into their customers’ needs and risk profiles, enabling them to make more informed lending decisions.”
The collaboration between Trade Ledger and Microsoft represents a significant step forward in the evolution of commercial banking. By harnessing the power of technology, they are driving positive change and paving the way for a more efficient and inclusive financial ecosystem.
“With Microsoft and the generative AI, we have the opportunity to revolutionize commercial banking on a global scale,” adds Beattie. “Together, we’re empowering banks to serve their clients better and fuel economic growth.”
As Trade Ledger continues to innovate and expand its reach, fueled by its partnership with Microsoft, the future of commercial banking looks brighter than ever. With their combined expertise and vision, they are poised to shape the future of finance and drive meaningful change in the industry.