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Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

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List of eTradeConnect Platform Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
Bank of East Asia Banking and Financial Services 7861 $2.6B Hong Kong OneConnect Financial Technology eTradeConnect Platform Blockchain Platform 2018 n/a
In 2018, The Bank of East Asia implemented the eTradeConnect Platform, a Blockchain Platform. The deployment joined a multi bank consortium managed by the Hong Kong Trade Finance Platform Company Limited and powered by Hyperledger Fabric, aligning the bank with a consortial architecture governed for tokenized document exchange and shared ledger operations. The eTradeConnect Platform implementation digitized purchase order and invoice creation, enabled pre and post shipment trade finance workflows on open account trade, introduced duplicated financing checks, and automated payment status updates. Configuration work focused on consortial ledger schemas, document digitization pipelines, and smart contract orchestration to formalize trade finance process rules and automated event notifications. Operational coverage centered on trade finance desks at The Bank of East Asia and connectivity with other consortium banks across the Asia Pacific region, reflecting a multi bank network rollout that grew from seven founding banks to a larger membership. The network is working toward digitizing connections with logistics service providers, linking with different trade finance platforms from other jurisdictions, and enabling integrations with ERP systems to broaden straight through processing for buyers and sellers. Governance and oversight of the eTradeConnect Platform remain with the Hong Kong Trade Finance Platform Company Limited, with facilitation from the Hong Kong Monetary Authority, and the implementation directly impacted trade finance operations, trade documentation workflows, and counterparty financing processes. The program was explicitly intended to build better trust among trade participants, improve efficiency, reduce risks, and facilitate counterparties obtaining financing, leveraging the eTradeConnect Platform for standardized document exchange and automated trade finance orchestration.
China Merchants Port Holdings Company Transportation 394 $53M Hong Kong OneConnect Financial Technology eTradeConnect Platform Blockchain Platform 2020 n/a
In 2020 China Merchants Port Holdings Company deployed the eTradeConnect Platform, a Blockchain Platform provided by OneConnect Financial Technology, to establish the Guangdong-Hong Kong-Macao Greater Bay Area Port Logistics and Trade Facilitation Blockchain Platform Project. The initial phase focused on building a smart port logistics platform that directly connects customs departments, port operators, carriers, shippers, freight forwarders and financial institutions to streamline information exchange across the port ecosystem. The implementation of the eTradeConnect Platform centered on two functional layers, a smart port logistics orchestration layer and a trade blockchain ledger layer. The project roadmap specified five authoritative databases to be created from logistics and trade data, capturing enterprises, commodities, logistics events, contracts and documents, enabling the blockchain ledger to act as a single source of truth for document and transactional provenance. Integrations in scope included customs authorities across the Pearl River Delta and a broad set of port ecosystem participants, with planned onboarding of banks, insurers and other financial institutions to improve visibility into trade flows. The eTradeConnect Platform configuration explicitly targeted cross‑party data sharing and capital flow enablement, allowing financial institutions to access trusted trade information for risk assessment and credit decisioning. Governance and rollout emphasized multi‑stakeholder collaboration and alliance building, with China Merchants Port and OneConnect coordinating with Shenzhen Customs and forming a Guangdong-Hong-Kong-Macao Greater Bay Area Port Logistics blockchain alliance to onboard additional participants. Shenzhen Customs framed the project as a move from applied research into practical exploration, signaling phased rollout and iterative trust establishment across agencies and commercial operators. The deployment of the eTradeConnect Platform, classified as a Blockchain Platform, therefore combined ledger services, shared authoritative databases, and cross‑organization onboarding workflows to create a connected port logistics and trade finance information layer for the Greater Bay Area.
HSBC Banking and Financial Services 212409 $67.4B United Kingdom OneConnect Financial Technology eTradeConnect Platform Blockchain Platform 2021 n/a
In 2021, HSBC implemented OneConnect Financial Technology's eTradeConnect Platform as a Blockchain Platform to streamline foreign-exchange settlement across its global network. The deployment targets FX post-trade workflows originating from HSBC London, England and extends across the bank's international branches, positioning the eTradeConnect Platform as a distributed settlement ledger for cross-border FX flows. The eTradeConnect Platform implementation emphasizes a distributed ledger architecture, with functional capabilities aligned to FX trade lifecycle orchestration, automated settlement messaging, and an immutable audit trail for post-trade reconciliation. Configuration centers on transaction-level recordkeeping on the shared ledger, serialization of trade events for settlement finality, and role-based access controls to support bank-to-branch and branch-to-branch clearing operations. Operational governance was structured to support cross-border FX processing, with the Blockchain Platform integrated into HSBC's global branch settlement scope and run as a centralized ledger service for FX flows. HSBC's blockchain ledger has settled 1.9 million trades with a nominal value of 1.7 trillion dollars since 2018, demonstrating sustained use of distributed ledger processing for foreign-exchange settlement.
Ping An Insurance Group Insurance 273053 $104.1B China OneConnect Financial Technology eTradeConnect Platform Blockchain Platform 2019 n/a
In 2019, Ping An Insurance Group deployed OneConnect Financial Technology's eTradeConnect Platform as part of its Blockchain Platform initiatives to operationalize trade finance and smart legal contracting across the group. The eTradeConnect Platform was implemented alongside OneConnect's ALFA smart contract cloud solution, which was rolled out across Ping An divisions and targeted seven financial sectors including banks, funds, securities, trusts, leasing, futures and insurance. Implementation centered on blockchain-anchored smart legal contracts and trade finance workflow automation, with the eTradeConnect Platform aligning to category-typical capabilities for distributed ledger transaction orchestration and contract immutability. Functional capabilities implemented included standard contract templates and template registration on-chain, AI-assisted template generation using archived Ping An contracts, automated contract assembly for Asset-Backed Securities workflows, and on-chain logging of edits and contract performance. The ALFA component provided more than a thousand standard templates that feed contract generation and lifecycle tracking. Operational coverage spanned internal divisions responsible for ABS issuance and trade finance, and linked to OneConnect trade and supply chain finance initiatives where eTradeConnect and One Enterprise Chain are the vendor solutions cited. The rollout kept customization pathways for bespoke contract terms while preserving on-chain provenance for template versions and amendments, and there were announced plans to extend external usage through letters of intent with third parties including Yingmi Fund and Sanxiang Bank. The eTradeConnect Platform implementation therefore connected Ping An's business functions in trade finance and insurance contract operations to a Blockchain Platform architecture managed by OneConnect. Governance and process changes emphasized template standardization and blockchain-first auditability, with templates registered on-chain and edits recorded as part of contract governance. According to OneConnect statements reported in 2019, Asset-Backed Securities processed with smart contracts reached a notional scale cited at 100 billion yuan and contract drafting time was reduced materially, with reported writing time 85 percent lower and complex ABS contract assembly reduced from two to three weeks for two people to roughly half an hour when automated by the smart contracting system.
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FAQ - APPS RUN THE WORLD eTradeConnect Platform Coverage

eTradeConnect Platform is a Blockchain Platform solution from OneConnect Financial Technology.

Companies worldwide use eTradeConnect Platform, from small firms to large enterprises across 21+ industries.

Organizations such as Ping An Insurance Group, HSBC, Bank of East Asia and China Merchants Port Holdings Company are recorded users of eTradeConnect Platform for Blockchain Platform.

Companies using eTradeConnect Platform are most concentrated in Insurance, Banking and Financial Services and Transportation, with adoption spanning over 21 industries.

Companies using eTradeConnect Platform are most concentrated in China, United Kingdom and Hong Kong, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of eTradeConnect Platform across Americas, EMEA, and APAC.

Companies using eTradeConnect Platform range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 25%, large organizations with 1,001-10,000 employees - 25%, and global enterprises with 10,000+ employees - 50%.

Customers of eTradeConnect Platform include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.

Contact APPS RUN THE WORLD to access the full verified eTradeConnect Platform customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Blockchain Platform.