Trade finance that bridges the physical and the digital
The digital revolution is creating a place where counterparties can communicate, clearly and securely. Digital real-time monitoring of commodity inventories eliminates outdated paper trails. See your inventory wherever and whenever you choose 24/7.
VERIDAPT allows you to reduce the operational and process risk associated with trade commodity finance.
With VERIDAPT bad actors are unable to exploit gaps in banks’ knowledge to obtain finance illicitly. This greatly reduces the risk of double-financing, theft, pilfering and other crimes.
VERIDAPT’s platform integrates real-time inventory data with automated covenants for bankers and traders.
VERIDAPT partners with SGTraDex to bring greater transparency to trade flow
VERIDAPT and SGTraDex are working together to best connect ecosystem partners in the local and global supply chains via a common data infrastructure.
SGTraDex is a public-private initiative whose goal is to use APIs to facilitate the mobility of information that can be unavailable or cumbersome to access for parties involved in a trade.
VERIDAPT’s partnership with the platform is helping achieve this goal by integrating VERIDAPT’s single system solution, DealFlow, for stakeholders to manage activities, transactions and documents at a glance.
The result is a one-stop collaborative tool that ensures transaction information is secure and accurate for banks, traders and terminals.