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Classified in: Science and technology
Subject: Product/Service

Money Markets Network Instimatch Global Sees Clients Up 50% in H2 2019

Instimatch Global, the digital network for institutional money market lending, has announced its performance highlights for the second half of 2019:

CEO Daniel Sandmeier commented: "Instimatch Global experienced accelerating growth in the second half of the year, both in sectoral and geographic diversification of our client base, and in the quoted and traded volumes in cash deposits going through the platform. We're starting to see a real network effect. We look forward to further growing our footprint in 2020 across the UK, Western, Central and Eastern Europe and the Gulf region. In parallel, we plan to deliver our newly built fiduciary deposit product to our clientele."

Founded in 2017, Instimatch Global is changing the way money market transactions take place, by digitalising traditional voice brokerage and by moving from local to global execution. Its cloud-based network connects borrowers with lenders within the huge unsecured money markets, providing more efficient access, better pricing and the ability to diversify counterparty risk. Its clients include bank treasuries, corporate treasuries, pension funds, insurance companies, asset managers, family offices and municipalities.

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News published on 22 january 2020 at 04:05 and distributed by: