Versana brings Barclays’ US BSL deals onto platform
Barclays’ agented US broadly syndicated loan (BSL) deals have been made available on data company Versana’s centralised digital data platform, as part of the companies’ joint aim to “modernise” the BSL market.
As agent, the bank is contributing data digitally to Versana from its “golden-source” ledger system via API integration.
Read more: European BSL and private credit markets hit record volumes in 2025
According to Versana, clients gain real-time access to global and lender-level transaction data, which is “critically needed to improve operational workflows, reduce costs and power internal agentic AI applications”.
Initially, Barclays will provide its US agented loan data, with plans to onboard its European agented deals in 2027, as part of helping Versana to grow its global footprint and increase client portfolio coverage.
“We’re excited to bring Barclays’ deals onto our platform, marking another key achievement in our mission to modernise the broadly syndicated loan market,” said Cynthia Sachs, founding chief executive of Versana.
“With Barclays, a top-tier originator and agent bank, we materially increase our market coverage and accelerate the adoption of our growing suite of API-first product offerings, thereby aiding the loan market’s shift towards a digitally native ecosystem across the US and Europe.”
Read more: Competition between private credit and BSL intensifies as debt supply outstrips demand
“We are committed to advancing the digital evolution of the syndicated loan market,” said Tim Hartzell, global head of portfolio management at Barclays. “Our direct integration with Versana enables our bank and buyside clients access to more complete, timely, and accurate data – supporting better decision-making and helping to drive industry-wide digital transformation.”
In September 2024, Barclays was one of a cohort of investors that took part in a $26m (£19.4m) capital raise announced by Versana.
Earlier this year, Barclays made a follow-on investment as part of a $43m capital raise to support the expansion of Versana’s platform into Europe, private credit and data analytics.
