About R3 and TradeIX
R3 is an enterprise software firm working with over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop Corda, our distributed ledger platform designed specifically for financial services.
Launched in September 2015, R3 was born out of a common frustration amongst banks and other financial institutions with multiple generations of disparate legacy financial technology platforms that struggle to interoperate, causing inefficiencies, risk and spiralling costs. Recognising the power of distributed ledger technology lies in its network effect, we worked with the industry to build the largest collaborative group of its kind in financial markets.
Since then R3 has grown from a staff of eight finance and technology veterans with nine bank members to a global team of over 175 professionals serving over 100 global financial institutions and regulators on six continents. Our work is further supported by over 2,000 technology, financial, and legal experts drawn from our global member base.
Corda is the only distributed ledger platform built from the ground up to meet the specific needs of the financial services industry. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.
TradeIX is rewiring trade finance by providing the most connected and secured platform infrastructure for banks, asset managers, B2B networks and value-added service providers. TradeIX drives innovation in the trade finance market with its distributed Trade Finance Platform, leveraging APIs and blockchain technology.
Some of the leading organisations in the world rely on TradeIX, including SAP Ariba, AIG, Standard Chartered Bank, and many other institutions. In September 2017, TradeIX successful completed the first blockchain-enabled trade finance transaction for a global logistics company financed by Standard Chartered and credit insured by AIG.
TradeIX is proud to be working with key investors in the financial services space such as Kistefos, a private investment company wholly-owned by Christen Sveaas.
TradeIX has operations in the UK, Ireland, France, Singapore and the US managed by a team of over 40 experts and thought-leaders in the financial technology and trade finance industry.
For more information, please visit: www.tradeix.com
“Together with R3, other bank members and TradeIX, we aim to bring trade and supply chain finance business to the next evolutionary stage.”
Divisional Board Member, Fixed Income, Currencies
& Commodities and Trade Finance & Cash Management
Would you like to speak to us about the Marco Polo blockchain initiative for trade finance or know more about how you can join?
+44 203 287 0744