Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional lenders and their service providers and provides transparency, efficiency and velocity, Versana said in the Tuesday (Dec. 13) press release....
Today in the connected economy, J.P. Morgan, Bank of America, Citi and Credit Suisse unveil their loan platform Versana, which they say will bring “transparency, efficiency and velocity” to the $5 trillion syndicated loan market. Also, Audible signs a deal with 1Huddle to give its...
Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency and velocity” to the $5 trillion syndicated loan market. Founded by J.P. Morgan, Bank of America, Citi and Credit Suisse...
December 22, 2022
The syndicated loan market has ballooned the past few decades, but technology has lagged, badly. Syndicated loans represent a $5 trillion corner of finance, and $1.4 trillion of that is traded annually through private instruments widely used for financing in corporate America. The loans themselves can reach into the tens of billions of dollars. And […]
December 13, 2022
Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional lenders and their service providers and provides transparency, efficiency and velocity, Versana said in the Tuesday (Dec. 13) press release. “Versana is the long-awaited digital data and technology solution that […]
March 16, 2022
Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency and velocity” to the $5...
