Tradetech 40 Interview: ITFA’s André Casterman on INTIX and Banking Technology

An interview with André Casterman, Chair, Fintech Committee, International Trade and Forfaiting Association and CMO, INTIX.

André Casterman is a fintech consultant, advising financial institution and fintech clients on data management, trade finance and capital markets innovations. André spent more than 20 years at SWIFT, leading various innovations in the inter-bank payments, corporate treasury and trade finance markets. During that time, he established an institutional partnership between SWIFT and the International Chamber of Commerce (ICC) and created the first digital trade settlement instrument which is in use by major banks around the world.

André chairs the Fintech Committee of the International Trade and Forfaiting Association (ITFA) with a focus on helping banks take advantage of fintech innovations to automate trade finance operations and establish the business as an investable asset class through use of data analytics and artificial intelligence.

INTIX helps financial institutions become data centric. INTIX addresses the challenges faced by financial institutions such as capturing data from multiple data sources and aggregating its to produce dynamic analytics and insights. INTIX shields end-users from the complexity of internal systems, transaction semantics, messaging formats and e-channels.

Thanks to real-time access to financial transactions and related processing events, banks can serve their clients better and track service delivery performance more effectively.  They develop a competitive advantage which drives client satisfaction and business growth.

INTIX helps its clients transform data into a new economic asset.

How is INTIX using technology to disrupt, enhance or grow international trade?

INTIX is helping incumbent institutions such as banks and non-bank financial institutions to enhance their service proposition by making increased use of transaction data. INTIX technology is non-intrusive which means INTIX clients can seamlessly integrate it into their existing infrastructure, even if this is made of various technologies and systems.

Why do you think INTIX is represented in the Tradetech 40?

The INTIX team has strong transaction banking technology expertise, which means the team sees the critical role that data will be playing to enhance critical processes such as transaction-level credit scoring, trade distribution, liquidity monitoring, transaction tracking, 

INTIX is also collaborating with value-added fintechs in the area of credit scoring, trade distribution and trade finance automation.

Tradetech 40

What are your biggest plans for 2019?

The INTIX team is expanding rapidly across various transaction banking domains, and 2019 will demonstrate how our technology can support trade finance processes, in addition to payments and liquidity management processes.

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