Standard Bank becomes the first Traydstream client across Africa and the wider META region to use TraydFund—Traydstream’s bank-to-bank trade asset distribution engine.
Traydstream is delighted to announce that Standard Bank Group is now using the TraydFund solution, marking the latest chapter in a trusted partnership spanning more than seven years.
Standard Bank was Traydstream’s first-ever platform client and has been a valued advocate since the beginning. Over the years, both organisations have grown together, continually strengthening and evolving their partnership through a shared commitment to innovation in global trade.
TraydFund is a bank-to-bank trade asset distribution engine that leverages Traydstream’s established global network of banking clients. The solution enables participating banks to distribute and invest in trade assets through a secure digital environment, supporting direct engagement, negotiation, document exchange and greater visibility throughout the transaction lifecycle.
By adopting TraydFund, Standard Bank can leverage the strength of Traydstream’s client network to broaden its distribution capabilities, connect with participating banking counterparties and unlock new growth opportunities.
The renewed agreement provides a strong foundation for both organisations to grow organically, deepen their collaboration and deliver further value across the region.
Sameer Sehgal, CEO of Traydstream, said:“Standard Bank has been part of Traydstream’s journey from the very beginning. Over the past seven years, we have grown together and built a partnership founded on trust, collaboration and a shared commitment to transforming trade finance. Standard Bank’s adoption of TraydFund represents another significant milestone in our relationship, enabling the bank to leverage our global network of banking clients through a secure, digital bank-to-bank distribution engine. Their continued confidence in us is a testament to our solutions, our people and our ambition to become the most applicable trade partner in the world.”
Daniel Morais Head: Trade & Balance Sheet Solutions at Standard Bank Group, said:"Trade serves as the bedrock of global economic growth. Through partnerships with our clients, financial institutions, logistics providers, and regulatory bodies we aim to grow trade across the African continent. Our partnership with Traystream, through the Traydfund platform speaks to our mandate of driving more trade on the continent. Bank-to-bank trade asset distribution is one of the mechanisms that will enable us to deliver on the growth of trade in Africa. Standard Bank continues to be committed to delivering on our promise, Africa is our home and we drive her growth."
