- To the article Finance Magazine
The insightful article discusses various approaches: On the one hand, (multi-)arranger platforms, where banks still control the entire issuance process. On the other hand, neutral marketplaces like credX, where issuers and investors have control over the process. We provide the digital transaction infrastructure, while other services such as Debt Advisory or Rating and Investment Advice can be booked by platform participants according to their individual needs. We are currently holding many discussions with relevant service providers – including many banks – to seamlessly integrate such services into the platform. In this way, we contribute to realizing economies of scale and specialization benefits throughout the complex issuance process. All parties involved benefit from this – issuers and investors, but also participating issuance advisors such as Debt Advisors and banks.
The credibility mentioned in the second part of the article is undoubtedly very important. Precisely for this reason, we advocate for a clear separation of the various roles in the issuance process, thereby avoiding conflicts from the outset.