A secure and converging supply chain finance platform that empowers organisations to realise more value from their ecosystems
15 February 2022, Singapore – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced the launch of Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance platform that unlocks significant value for organisations, by providing end to end automation, visibility and control of their trade and supply chain ecosystems. TASConnect, based out of Singapore, aims to be a leading provider of automated trade and supply chain financing solutions , which gives organisations and their ecosystems better access to liquidity and working capital management. It is designed to improve cash flow within supply chains through four key capabilities: Significantly enhancing efficiencies in accounts payable and receivable financing programmes Enabling access to increased working capital sources Automating and simplifying bespoke and complex workflows Allowing businesses control of their own programmes in a secure and sustainable manner TAS...