The global syndicated loan business is dependent on archaic back-office operations, administration & paperwork, tax rules and regulations across borders, transparency, and trust issues, and integration challenges between different members of the syndicate. The result is a longer settlement duration, high overheads between different parties - banks, borrowers, agencies, regulatory bodies, and high expenses in terms of fees, intermediaries, and documentation charges. Much of the challenge is due to the nature of the business.

Watch this preview video of our blog to learn more about reshaping syndicated lending and how Cigniti can help with making the blockchain compliant.

https://www.cigniti.com/blog/syndicated-lending-dlt/