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A summary of the latest financial technology news.
Versana unveils digital data platform for corporate credit market
Versana has launched its industry-backed syndicated loan platform, which digitally captures agent banks’ deal data in real time. Loan and position level details range from global borrower commitments and outstandings to historical transaction cash flows, positions on a fund-by-fund basis, and base rate contract details. The platform uses an open, permissioned-based system that centralizes corporate loan data from administrative
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