NatWest launches lending platform

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NatWest launches lending platform

NatWest launches lending platform based on blockchain

  • NatWest is a major retail and commercial bank in the United Kingdom
  • The first bank to launch a revolutionary syndicated lending platform based on Finastra’s Fusion LenderComm
  • Natwest aims to dramatically transform and streamline the global syndicated loans market and go live in November 2018
  • The platform developed by Finastra using R3’s distributed ledger technology (DLT), Corda
  • The Fusion LenderComm platform aims to revolutionise communication between lenders and agents using blockchain technology to assure messages are secure and confidential
  • The platform aims to dramatically reduce the amount of time taken to set-up syndicated loan arrangements for our customers