Mizuho Joins Versana to Expand the Digital Transformation of the Broadly Syndicated Loan Market

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Mizuho Financial Group (NYSE: MFG) has joined Versana's digital data platform as its 14th top-tier financial institution subscriber, aiming to modernize operations in the $6 trillion broadly syndicated loan (BSL) market. The partnership includes implementation of Versana's API-first platform and Reconciliation Module to enhance loan operations efficiency.

This strategic move is part of Mizuho's digital transformation initiative, enabling straight-through processing, cost reduction, and improved risk-weighted balance sheet management. Versana's platform now handles facility data on $5 trillion in notional commitments, marking a significant milestone in modernizing the BSL asset class.

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NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Versana today announced that Mizuho Americas, part of Mizuho Financial Group (NYSE: MFG), has joined its centralized, real-time digital data platform as a subscriber. Mizuho Americas ("Mizuho") has become the 14^th top-tier financial institution to join Versana and embrace the modernization of the $6 trillion broadly syndicated loan (BSL) asset class.

By leveraging Versana's API-first platform, Mizuho will optimize key aspects of its loan operations to achieve straight-through processing, reduce costs and improve risk-weighted balance sheet management. Mizuho's adoption of Versana reflects the bank's ongoing investment in its digital transformation strategy, implementing cutting-edge technologies to deliver best-in-class services for its clients and shareholders.

"We're so pleased to welcome Mizuho and expand our collaboration with the world's biggest banks to transform the BSL market," said Cynthia E. Sachs, Founding CEO of Versana. "Mizuho's commitment validates our value proposition of bringing transparency, improved data quality and efficiencies to a major segment of the debt capital markets long in need of digital innovation."

Mizuho is also adopting the Versana Reconciliation Module into its workflows, which electronically matches lenders' positions to agents' golden-source position data. This industry-leading solution reduces discrepancies and improves the accuracy of loan positions used in internal accounting, portfolio management and risk management systems across the loan lifecycle.

"We're excited to partner with Versana as we further advance our lending infrastructure by incorporating new digital capabilities," said Matthew Wilson, Managing Director at Mizuho. "Versana's innovative platform enables us to gain transparency and use better quality data to achieve straight-through processing. By materially streamlining operations and strengthening data integrity, we can better serve our global stakeholders with the most timely and highest quality loan data available."

"Our partnership with Versana supports our broader strategy to invest in digital innovation that modernizes core areas of our business," said John Buchanan, Chief Information Officer, Mizuho Americas. "By leveraging Versana's real-time platform, we're enhancing the efficiency of our loan operations while also accelerating our digital transformation initiatives."

Mizuho's subscription to Versana marks another key milestone in the company's mission to modernize the broadly syndicated loan asset class. Versana now offers facility data on $5 trillion in notional commitments on its next-generation platform.

About Versana
Versana is an industry-backed enterprise data and technology company transforming the syndicated loan and private credit markets. By digitally capturing agent banks' corporate loan data on a real-time basis, Versana provides unprecedented transparency into global loan level details and lender portfolio positions, bringing efficiency and velocity to the entire asset class. Through its centralized platform, participants can rest assured they are accessing the loan market's most credible source of deal information. With the support of its investors, Versana is fast becoming the technology of choice to usher in the long-awaited modernization of the corporate loan market. For more information, visit versana.io.

About Mizuho

Mizuho Financial Group, Inc. is one of the largest financial institutions in the world as measured by total assets of ~$2 trillion, according to S&P Global 2024. Mizuho's 65,000 employees worldwide offer comprehensive financial services to clients in 36 countries and 850 offices throughout the Americas, EMEA, and Asia.

Mizuho Americas is a leading Corporate and Investment Bank (CIB) that provides a full spectrum of client-driven solutions across strategic advisory, capital markets, corporate banking, and fixed income and equities sales & trading to corporate, government, and institutional clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho enhanced its M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 4,000 professionals. For more information visit www.mizuhoamericas.com.

Media Contact

Versana
Forefront Communications for Versana
versana@forefrontcomms.com 

Mizuho
Lauren Bellmare
Lauren.bellmare@mizuhogroup.com 

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SOURCE Versana

FAQ

What is the significance of Mizuho (NYSE: MFG) joining Versana's platform?

Mizuho becomes the 14th top-tier financial institution to join Versana's platform, contributing to the modernization of the $6 trillion broadly syndicated loan market through digital transformation.

How will Versana's platform benefit Mizuho's operations?

The platform will enable straight-through processing, reduce operational costs, improve risk-weighted balance sheet management, and enhance data quality through electronic position matching.

What is the current scale of Versana's platform operations?

Versana's next-generation platform currently handles facility data on $5 trillion in notional commitments across the broadly syndicated loan market.

What specific features will Mizuho implement from Versana's platform?

Mizuho will implement Versana's API-first platform and Reconciliation Module, which electronically matches lenders' positions to agents' golden-source position data for improved accuracy.

How does this partnership align with Mizuho's strategic goals?

The partnership supports Mizuho's broader strategy to invest in digital innovation, modernize core business areas, and enhance service quality for global stakeholders.