FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, announced the appointment of Whitman Knapp and John Taylor as its advisors.

Whit Knapp, Chairman of GTBInsights LLC, a global transaction banking advisory firm, and veteran of the transaction banking world, will bring years of hands-on experience to embed FQX’s electronic promissory notes in real world transactions.

Previously, Whit spent twenty-five years working for a leading international bank, the Bank of Boston, holding senior management positions in London, Luxembourg and Paris, and being responsible for the bank’s B2B business line in the EMEA region.

Subsequently, he created a research firm for the transaction banking businesses of the leading US, European and Asian banks. Throughout this time, he has been an active member of BAFT (The Bankers’ Association for Finance and Trade) where he is a past Director, and currently serves on the Membership Committee, the North American Council, the Supply Chain Finance Committee and the Innovation Council. For the past five years, he has devoted a majority of his time to the development of the BAFT DLPC, the Distributed Ledger Payment Commitment.

Meanwhile, John Taylor, a Professor of International Finance and Trade Law at the Centre for Commercial Law Studies, Queen Mary University of London, has exceptionally diverse international corporate and finance experience. He has practiced in leading law firms in Australia, the UK and the USA and held senior international management roles in law and finance in banks, a private equity firm and a global fund manager.

At various times during his career, he has held increasingly responsible legal and banking positions in three international financial institutions (the Asian Development Bank, the World Bank and the European Bank for Reconstruction and Development, where he was a former General Counsel).

For several years, both Whit and John have been Honorary Members of the Bankers Association for Finance and Trade (BAFT) and active members of BAFT’s Councils and of the innovative Working Group that developed the BAFT Distributed Ledger Payment Commitment (DLPC).

Whitman Knapp said,

“I am honored to join FQX AG a Strategic Counsel to help this award-winning team bring to market their innovative eNotesTM enabling clients to either originate or invest in trade assets, or both.”

John Taylor commented,

“It is a real pleasure to become a Strategic Counsel at FQX AG and I look forward to deploying my legal and financing experience to promote the development of FQX’s relationships and innovative products.”

Featured image: FQX’s team