Onbrane and Easy Access Trading (EAT) Launch UKKO – A platform for originating and distributing structured debt on the soft commodities market
We are thrilled to announce the launch of Ukko, a joint venture created in close partnership between Onbrane and Easy Access Trading (EAT). Onbrane brings to the venture its technology expertise and a remarkable track record acquired on the primary debt market. EAT, from his side, contributes to the venture its deep experience of the soft commodities market and its exiting partnerships with major Asset managers.
Ukko is set to provide much-needed innovation to the soft commodities market. The new platform brings all the market actors including farmers, originators, input distributors, service providers, off-takers, and capital providers together. This is similar to what Onbrane has accomplished for the primary debt market. This approach has proved to bring significant efficiency and security to the all the market participants issuing the platform.
Onbrane x EAT
Onbrane is the most comprehensive primary debt market platform for issuers, dealers, brokers, and asset managers, globally. Additionally, Onbrane is a natively ESG capable platform constantly praised for its wealth of functionalities, elegance in design and ease of use. Now with Ukko, Onbrane demonstrates its ability to digitalize the complex structured finance products used on the soft commodities market.
EAT, on the other hand, provides the integrated solutions to source long-term commodity flows on the soft commodities market (i.e. commercial and physical links from farm to table). On top of that, they reduce systemic risk along the supply chain with a comprehensive approach to financing.
The launch of Ukko is Onbrane’s first steps in structured finance. It is also the validation that Onbrane is powerful enough to federate one of the most complex ecosystem in the finance industry – the commodities business. Ukko is great opportunity for Onbrane to accelerate its growth and to further expand its geographical reach..Pascal Lauffer, Co-founder Onbrane
The launch of Ukko is Onbrane’s first steps in structured finance. It is also the validation that Onbrane is powerful enough to federate one of the most complex ecosystem in the finance industry – the commodities business. Ukko is great opportunity for Onbrane to accelerate its growth and to further expand its geographical reach.
Pascal Lauffer, Co-founder Onbrane
combining Onbrane technical knowledge and track record on debt products and EAT’s capabilities in origination, structured finance and risk management, Ukko is bringing investors to debt products that were out of reach before. Transforming complex ecosystems into easy to understand products, Ukko brings down costs and execution time, allowing investors to better assess and monitor risks. Ukko is the platform promoting sustainability to structured debt, unlocking yield for investors and value for producers.
Patrick Funaro, Founder EAT
The Solution
Initially, Ukko will be available for entities from LATAM countries, addressing the 4 primary pain points of the market:
- Lack of digitalization
- Mis-pricing of counterparty risks
- Absence of a holistic view of the value chain
- Scalability and resilience
In short, we’re super excited about Ukko and hope you are too!
Make sure to stay tuned to find out more about this amazing project!
