To date, £2.2bn has beene raised on the HUBX platform. 5 banks are expected to sign up for the Evaluation Programme sponsored by Finastra in H2 2021, with a several other banks in advanced discussions.
HUBX works with a variety of organisations from small investment banks to some of the largest institutions in the world across multiple asset classes. Some of the larger institutions we are currently working with include Euronext, Barclays (invested in HUBX last year) and IQ-EQ.
The solution is the result of 6.5 years of development and has been used extensively for other asset classes. HUBX Arranger is a new application in the loan syndication space, which has been selected by Finastra as the solution for Distribution as part of the end-to-end execution processes, reflecting 2 years of developments and client discussions. To date, £2.2bn has beene raised on the HUBX platform. 5 banks are expected to sign up for the Evaluation Programme sponsored by Finastra in H2 2021, with a several other banks in advanced discussions.