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Curtin alumnus Leon Weston has been instrumental in the development of a digital platform that simplifies the application for and issuing of bank guarantees. In a world first, businesses can now arrange bank guarantees via a non-bank entity, a method that has reduced a process that can take up to six weeks, to just days. Finance departments within the construction, resources, and commercial and industrial property sectors, are all frequent applicants for bank guarantees, where lenders will cover a clients liability if they are unsuccessful in meeting their contractual obligations. The bank administrates the process and will typically charge a 2.5% annual fee over the life of the guarantee, which does not include the provision for client access to track and manage the arrangement. Launched in 2021, the Assuro platform works alongside banks to deliver guarantees quickly and equips clients with tools to track the administration of their guarantees, all for half the cost. A finance ser