OUR VISION
To create a Trade Finance Ecosystem where Trade Finance Transactions and Price achieve
GLOBAL EQUILIBRIUM
Company Overview
FFT (Finance For Trade) is a fintech company providing Trade Finance Marketplace where Corporates & Banks from all over the world can connect with each other, to discover more options and better pricing for their Trade Finance Transactions. It is registered in Singapore and has offices in Mumbai & Dubai.
FFT is backed by a Trade Finance Group of Companies, established since 2012, offering Trade Finance Services to Banks, Financial Institutions, Corporates and SMEs for transactions encompassing both Local & Cross Border Trade. Since inception, the Group has concluded over 300 transactions having raised over 2 Billion USD.
How Does FFT Work
Transactions
Corporates and Issuing Banks post their Trade Finance requirements on FFT
Step 1
Offers
Banks views the transactions and bids offers for the transactions on FFT
Step 2
Conclusions
Corporates select the most suitable offer and conclude the transactions on FFT
Step 3
Communications
FFT notifies both parties & transactions proceeds through banking communications
Step 4
Value Addition for Banks
When Banks will access FFT, they will get access to a larger pool of transactions, thereby utilising their limits more optimally and eventually get higher returns on their investments. Banks can also post their own transactions for risk participation or secondary market sale.
Example:
Far East Banks have limits available on South American banks but are not able to completely utilise them due to lack of visibility on the available transactions. If these banks have access to FFT, they would be able to view a higher number of transactions and utilise their unused limits.
Value Addition for Corporates
When Corporates and Issuing Banks will post their transactions on FFT, a larger number of banks will be able to view them, thereby enabling them to get higher number of offers and eventually get better terms and pricing for their transactions.
Example:
European Exporters are able to get their Indian Sub Continent LCs discounted at X% whereas North American Exporters pay a premium of (X+Y)% to get the same LCs discounted. If the North American Exporters post their transactions on FFT, they would save the extra Y%.
Whom We Serve
Everyone related to Trade
Users
To achieve its vision, FFT allows not only Corporates & Banks but also VERIFIED intermediaries to join its marketplace, irrespective of their size and category:
Products & Instruments
Almost all major conventional and unconventional trade finance products and instruments are listed on FFT
Markets
FFT allows users to deal in both local and cross border markets
Transactions
FFT allows users to deal in both primary & secondary transactions
FAQ's
What is FFT ?
FFT is a Trade Finance Marketplace where Corporates & Banks from all over the world can connect with each other to discover more options and better pricing for their Trade Finance Transactions.
How does it work ?
FFT works on the below 4 steps:
- Transaction: Corporates & Issuing Banks post their transaction on FFT.
- Offers: Banks & NBFIs views and bids offers for these transactions on FFT.
- Conclusions: Corporates select the most suitable offer and concludes the transactions on FFT.
- Communications: FFT notifies both the parties and then transactions proceeds between both sides through formal banking communications.
How does it benefit users ?
FFT benefits the users in following ways:
Corporate users: Get better terms & pricing for their transactions
Bank users: Get higher visibility on availability of the transactions
Is there a Fee to join ?
FFT does not charge any registration fee from its users and is free of cost.
How much time does it take to register ?
Registration generally takes less than 2 minutes
Who all can join FFT ?
To achieve its vision, FFT allows not only Corporates & Banks but also VERIFIED intermediaries to join its marketplace, irrespective of their size and category:
Corporate Users: From MNCs to SMEs to Individual Traders.
Bank Users: From Global Banks to Local Banks to NBFIs.
Intermediary Users: From Global Advisory Companies to Logistics Providers to Individual Consultants.
Which products and instruments are offered by FFT?
Almost all major conventional and unconventional trade finance products and instruments are listed on FFT.
What are the type of markets covered by FFT ?
FFT allows users to post their transactions of both the markets:
Cross Border Markets: Transactions involving Import / Export of Goods / Services from one country to other.
Local Markets: Transactions involving Sale / Purchase of Goods / Services in local market within a country.
What are the type of transactions covered by FFT ?
FFT allows users to post both types of transactions.
Primary Transactions - When the trade is financed for the first time alongwith corresponding underlying trade transaction.
Secondary Transactions - When the trade finance instrument is further traded post the initial financing of the trade.
Do we need to make any IT system changes to work with FFT ?
No, The users are not required to make any changes into their system for using the FFT portal.
How is data secured on FFT ?
FFT uses the highest levels of data encryption on its websites and applications. A strong team of professionals is constantly monitoring and always prepared to respond to any incident or irregular activities.
After the initial connection to your website is established, our in-house fft validates the visitor's request against a wide-rage of known application-level exploits.
Protection from common attacks:
- SQL injections
- Cross-site Scripting (XSS) attacks
- Known Zero-Day Vulnerabilities
File Base Vulnerabilities Protection:
- Local File Includes
- Remote File Includes
- Known Zero-Day Vulnerabilities
Get in Touch
info@financefortrade.com
India
Suite 406, 4th Floor, Regent Chambers, Nariman Point, Mumbai - 400021.
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UAE
Suite 804, 8th Floor, Saba 1 Tower, Cluster E, JLT, Dubai. P. O. Box 115594.
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Singapore
20 Cecil Street, #05-03 Plus, Singapore - 49705.
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