JP Morgan’s goal of STP in loans materializes on Versana’s platform

The accomplishment highlights the budding digitization of private credit, though it’s still a long road ahead.

Spend any amount of time discussing the loan market with those who have spent more than a decade inside it, and they are likely to highlight its lack of modernization. For a market that saw US institutional loan issuance rise to $307 billion in the first quarter of 2024—more than quadrupling the $72 billion issued in Q1 of 2023—the technology powering those workflows is minimal compared to other markets, as fax and email have remained king in relaying important information.

But those dark days

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

If M&A picks up, who’s on the auction block?

Waters Wrap: With projections that mergers and acquisitions are geared to pick back up in 2025, Anthony reads the tea leaves of 25 of this year’s deals to predict which vendors might be most valuable.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here