Kemiex and Atradius

Atradius and Kemiex join forces to introduce the first online trading platform for Active Pharmaceutical Ingredients (APIs) & Additives.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceuticals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Atradius and Kemiex join forces to introduce the first online trading platform for Active Pharmaceutical Ingredients (APIs) & Additives

As one of the world’s leading credit insurers, Atradius has always been a frontrunner in harnessing smart and innovative technology in order to service our customers in the most efficient way.

Atradius’ cooperation with Kemiex marks an important milestone in leveraging the latest technology to provide innovative solutions for customers.

The Kemiex platform is the first online trading platform for Active Pharmaceutical Ingredients (APIs) & Additives.  It provides a convenient, efficient and safe trading solution for companies in the pharmaceutical, veterinary, human and animal nutrition industries. It helps traders, buyers and sellers of APIs and Additives to identify reliable and compliant counterparties and conduct safe trade in a global and highly fragmented market.

Kemiex is leveraging current trends of digitalisation, platformisation, connectivity, big data and social features to deliver a new experience for users. 

 

Secure trade

The Swiss-based company Kemiex has developed a state-of-the-art online trading platform in partnership with Atradius.  Atradius participates by providing credit risk insight and insuring trade between sellers and buyers, initially starting in 8 European markets. For the first time, trade credit insurance for single transactions is made available by Atradius through one-click on the Kemiex platform.

The platform has been designed as an alternative to the current trading processes that can often be time consuming, opaque and limited to personal networks.  It also addresses industry-specific considerations around the necessity for strict compliance with quality control measures.

Users of the platform are connected to a global network of qualified counterparties that enables them to reduce transaction lead times, achieve more competitive prices and stay in full control of the trading process.

Reliability first

The biggest advantage of the Kemiex platform is to gain access to a global network of reliable counterparties that are creditworthy and compliant with regulations and quality controls. Kemiex assesses the compliance of each company on the platform with quality standards and strict industry regulations, while Atradius assesses the creditworthiness. Together, Kemiex and Atradius continuously monitor and rate the companies, their transactions and their overall behaviour, to ensure that all parties on the platform have access to up-to-date and reliable information and that any trade taking place through the platform is safe.

The platform is open for registration and trading will be officially launched later this year with all services integrated.

________________________________________________________________________

Kemiex

Established in 2017, Kemiex launched the first B2B trading solution for APIs and Additives for the pharma, veterinary, food and feed industries. It is an exclusive commodity exchange for traders, buyers and sellers that meet predefined quality assurance and financial due diligence criteria.

Kemiex is a team of highly motivated international professionals with the mission to improve the trading of APIs & Additives. The team is supported by senior advisers from leading companies and entrepreneurs in different sectors such as Pharma, Insurance, IT, Consulting and Financial Services.

Visit us at www.kemiex.com
 

Related content

Promising Markets for 2018

Report

The economic recovery in emerging market economies is expected to continue strengthening in 2018 and these markets could present opportunities for business.

Credit Insurance

Product

With Atradius Credit Insurance you can trade with confidence and explore new markets or products, knowing that your business is protected against credit risk such as the insolvency of your customers.

Atradius Atrium

Atradius Atrium is your credit management hub. Through a single portal you can manage your daily policy activities, and analyse your portfolio of customers.

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.