Pemberton Asset Management and Santander Corporate & Investment Banking have entered into a partnership to launch a global inventory management and solutions platform.
The Invensa platform will focus on providing large and mid-sized corporates with supply chain inventory solutions.
In the wake of growing supply chain disruptions in recent years, triggered by events such as the pandemic, geopolitical tensions and a changing macroeconomic environment, companies of all sizes are increasingly focused on ensuring greater resiliency in the supply of key goods and raw materials.
The platform will support the shift from ‘just-in-time’ to ‘just-in-case’ supply chain models and enable operationally efficient, flexible inventory financing and management at large scale.
“The partnership between Santander CIB and Pemberton brings together two firms at the vanguard of their respective markets. The combined offering strategically positions us to deliver innovative inventory management solutions that address the evolving needs of companies and their supply chains worldwide,” said Symon Drake-Brockman, CEO of Pemberton.
Jose Linares, Global head Santander CIB and Senior Executive Vice-President Santander said: “As a leading bank in the trade & working capital space it is important for us to be able to offer the full range of solutions to manage the end-to-end working capital of our clients of which inventory is a very relevant part.
“We have been facilitating third-party leading inventory finance solutions to our clients during more than 10 years and this partnership with Pemberton enables us to serve our clients as a long-term partner and deliver an increasingly business critical solution”.
