Globit and TradeAssets team up on bank risk management

By AI, Created 10:44 AM UTC, May 20, 2026, /AGP/ – Globit and TradeAssets have signed a strategic collaboration to expand financial institution risk, limit management and asset distribution tools for banks in emerging markets. The partnership targets member banks across South Asia, the Middle East and Africa as regulators, sanctions and cross-border exposures make real-time counterparty monitoring more urgent.

Why it matters: - Banks are dealing with more complex counterparty exposure management as cross-border banking exposures top US$40 trillion. - The partnership is aimed at improving real-time limit monitoring, operational efficiency and risk governance for financial institutions in high-growth markets. - Emerging market banks could gain access to treasury and risk infrastructure typically used by larger global institutions.

What happened: - Globit and TradeAssets signed a strategic collaboration to broaden access to FI risk management, limit management and asset distribution back-office capabilities. - TradeAssets will introduce Globit’s RISQ platform to existing and prospective member banks across South Asia, the Middle East and Africa. - The announcement was made on April 30, 2026, in Istanbul, Turkey.

The details: - TradeAssets connects 125 member banks, mainly in emerging markets, through a marketplace for trade asset distribution, liquidity access and financial institution connectivity. - RISQ covers FI limit management, origination, commitment, sell-down and risk distribution workflows. - The partnership also covers potential interoperability between Globit’s risk infrastructure and the TradeAssets marketplace. - Future connectivity could let banks share assets from RISQ to TradeAssets or receive assets from TradeAssets into RISQ. - The combination of TradeAssets’ distribution reach and Globit’s risk technology is designed to support banks with more advanced treasury infrastructure. - Globit focuses on International and Institutional Banking and builds software for Treasury, FI and Trade business lines. - RISQ centralizes global FI limits, counterparty onboarding, credit line servicing and workflows across risk, treasury and trade finance. - TradeAssets says its marketplace supports secondary and primary trade finance asset trading and has recorded more than USD 5 billion in posted volumes from member banks. - TradeAssets says its bank network spans 30 countries and continues to grow.

Between the lines: - The deal reflects a broader push to replace fragmented, manual exposure tracking with integrated platforms that connect risk, treasury and trade finance functions. - The collaboration also signals growing demand for digital tools that help banks navigate sanctions, geopolitical tension and tighter regulatory expectations. - The interoperability idea suggests both companies want to move beyond a single deployment and create a more connected bank-to-bank workflow.

What’s next: - The companies plan to explore interoperability between RISQ and the TradeAssets marketplace. - Member banks could eventually move assets between the two platforms more seamlessly. - TradeAssets and Globit will use the partnership to expand access among banks in fast-growing regional markets. - Ozan Vakar, founder of Globit, said the partnership can bring RISQ’s capabilities to a broader set of financial institutions. - Sumit K Roy, co-founder of TradeAssets, said the alliance should help member banks support safer and more efficient cross-border banking relationships.