Schuldschein: digitization of the entire lifecycle

The first Schuldschein transaction was settled fully digital and paperless via vc trade.

Helaba settles the first Schuldschein transaction fully digital and paperless via vc trade. “Full transparency, a high degree of standardization and shortened times for market entry,” explains Marcel Göldner, responsible for capital market business with corporate clients at Helaba, “are key elements in the digitalization of the Schuldschein and Promissory Notes business. We can now ensure this together with vc trade.” White & Case LLP provided legal support for the process design.

The entire article (in German) by Helaba can be found in here.