SupplierPlus Joins TFD Initiative

We are pleased to announce further growth of TFD Initiative, our flagship digital trade distribution community as we welcome SupplierPlus.
 
“SupplierPlus has been a proud ITFA member since 2019, and we are delighted to be joining the TFD Initiative where we can engage with the wider trade finance community and work together on further developing and promoting supply chain finance as a truly scalable and durable asset class for institutional investors”, says Kaspar Kägu, Chief Executive Officer and one of the co-founders, SupplierPlus.
 
TFD Initiative establishes a many-to-many ecosystem that attracts more liquidity from capital markets into trade finance as an investment class. A more liquid trade finance market benefits everyone involved: corporates are able to access more affordable trade finance, banks can increase their Net Interest Income, and institutional investors gain access to a whole new asset class.
 
“Non-bank originators such as SupplierPlus are essential partners for liquidity providers”, says André Casterman, Chair Fintech Committee, ITFA. “Through TFD Initiative, we have designed and delivered the most comprehensive technology stack for trade originators to adopt the originate-and-distribute model, increase balance sheet velocity and partner with a much larger pool of liquidity providers including banks, funds, and institutional investors.”
 
The ITFA Fintech Initiatives aim to address two market-level ambitions: DNI Initiative focuses on digitising trade documents and negotiable instruments in corporate-to-bank relationships, whilst TFD Initiative transforms trade finance as a digitally investable asset class for banks, credit insurers and institutional investors. Our advocacy task force (TERA) aims to promote the integration of digital options such as MLETR-based e-originals and use of digital asset technologies within national laws. The ITFA Fintech Committee now regroups a total of 55 players which are listed on our website.