Trade Ledger, a leading global lending automation platform, has announced a strategic partnership with 10x Banking, a cutting-edge banking software provider.
The collaboration aims to leverage Trade Ledger’s advanced technology with 10x Banking’s expertise in delivering digital banking solutions. This partnership will enable banks and lenders to streamline their operations, accelerate lending decisions, and deliver a superior customer experience.
Trade Ledger’s platform automates manual processes involved in loan origination, credit underwriting, and ongoing loan management. By incorporating rich data analytics, machine learning, and open API integrations, Trade Ledger enables banks to make informed lending decisions based on real-time data while minimizing the risk of non-performing loans.
10x Banking’s next-generation banking platform provides scalable, secure, and easy-to-use technology solutions designed to transform legacy banking systems. Their cloud-native architecture allows banks to create innovative digital products, improve efficiency, and enhance customer engagement.
Through this partnership, Trade Ledger will integrate its lending automation platform with 10x Banking’s digital banking offerings. The combined capabilities will enable banks to digitize their lending processes end-to-end, reduce operational costs, and increase profitability.
Trade Ledger’s CEO, Martin McCann, expressed his excitement about the partnership, stating, ”We are thrilled to align ourselves with 10x Banking and combine our unique strengths to revolutionize the way lending services are delivered by banks. By harnessing the power of automation and digital innovation, we aim to provide banks with the tools they need to thrive in the evolving financial landscape.”
This partnership comes at a crucial time when banks are under immense pressure to accelerate their digital transformation efforts. With the rise of fintech disruptors and changing customer expectations, traditional banks need to adapt and embrace automation to stay competitive.
Trade Ledger and 10x Banking’s collaboration represents a significant step towards revolutionizing the lending landscape and empowering banks to deliver faster, more efficient lending services to their customers.
Both companies have proven track records and extensive experience in their respective domains, making this partnership a promising endeavor. The combined expertise and innovative solutions offered by Trade Ledger and 10x Banking are expected to reshape the lending industry and enhance financial institutions’ capabilities across the globe.
As the digital revolution continues to reshape the banking sector, strategic partnerships such as this play a crucial role in driving innovation, enabling technological advancements, and transforming traditional banking processes for the better.
With Trade Ledger and 10x Banking joining forces, the future of lending looks brighter and more customer-centric than ever.