Standard & Poor's Announces New Trade Receivable Outsourcing Initiative
The new initiative, led by a Santa Fe, New Mexico based team, will provide clients with an end-to-end solution to manage the trade receivable cycle; including tools for origination, portfolio management and securitization. Recently, Standard & Poor’s acquired the flagship trade receivable management system from Credit2B. In addition to serving direct sellers, the trade receivable management system will also help financial institutions involved in trade receivables to manage their portfolios of receivables and, as an Application Service Provider (ASP) solution, will allow them to provide services to their clients.
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