iLex and Tesselate Partner to Deliver Faster, More Scalable Connectivity in Syndicated Loan Markets

iLex, the next-generation distribution platform for syndicated loan markets and private credit, and Tesselate, a leading actor in digital transformation and ecosystem orchestration, today announced a global partnership to deliver greater connectivity and straight-through processing (STP) across the loan value chain. 

Through this collaboration, iLex will offer standard integrations with third-party and enterprise systems—including origination, booking, settlement, reference data and CRM—enabling seamless interoperability and improved operational efficiency for clients. The partnership leverages Tesselate’s Hive.t scalable integration platform alongside iLex’s open architecture and API gateway to develop standard and custom connectors, allowing financial institutions to seamlessly connect their existing systems to the iLex platform. 

Addressing the interoperability challenge in loan markets 

Interoperability remains a major challenge in syndicated loan markets, where reliance on legacy IT infrastructure and manual processes creates organizational silos, operational inefficiencies and high cost-to-income ratios. The iLex platform has been natively designed on a microservices architecture powered by specialized APIs and an open metadata model to enable greater flexibility and easier connectivity. 

By combining their expertise in loan market platforms, data models, and integration technology, iLex and Tesselate are delivering a unique ‘API in a Box’ model that offers a simpler and more effective way for financial institutions to build connectivity and accelerate digital transformation.  

“Through this partnership with Tesselate, we are not only making it easier for our clients to integrate with iLex and streamline their syndication and agency workflows from front to back, but also helping them build a more modern and agile infrastructure,” said Bertrand Billon, CEO and Founder of iLex. “Beyond this, we are designing a scalable and cost-effective framework that can be replicated to accelerate integration time-to-market and deliver immediate productivity gains.” 

“At Tesselate, we are committed to driving innovation in syndicated lending by enhancing interoperability across the ecosystem. Partnering with iLex allows us to further enhance connectivity throughout the complex lending value chain. We look forward to leveraging this collaboration to streamline complex lending structures, reduce friction in data exchange and ultimately deliver greater value to our clients,” said Tim Pingnet, Lending Domain Lead at Tesselate Group.