Stonewake vs Proximo for PF desks
Stonewake vs Proximo is a comparison between two different tool classes in project finance. Proximo is an established news, data and events service for the project and infrastructure finance community. Stonewake is a newer monitoring platform purpose-built for bank export finance, project finance and commercial real estate desks. A project finance desk weighing the two is usually scoping complementary purchases rather than picking a winner.
What Proximo offers
Proximo describes itself as a B2B market intelligence provider in the project, energy and infrastructure finance sectors, delivering trusted news, data insights and events to that market. Its published figures set out the scale: more than 11,000 closed deals and more than 18,500 pipeline deals viewable, more than USD 1 trillion in annual deal volumes tracked, 18 interactive data dashboards and 12 data and industry insight reports annually. The editorial cadence is stated as more than 500 news stories a month plus expert articles and topical podcasts with industry leaders.
Events and network are central to the model: more than five industry-leading events a year, in-person and online project financing training courses, and an online community of more than 1,300 dealmakers. Proximo was founded in 2019 and is part of the Exile Group, whose brands also include TXF for export and commodity finance. Exile Flow is offered as AI-driven analysis delivering actionable insights directly from Proximo's data, news and events.
What Stonewake offers
Stonewake is the newcomer of the pair and holds a narrower lane. Built for bank EF, PF and CRE desks, its public site describes the job as finding the deals, screening the counterparties and monitoring the risk. Stonewake Monitoring publishes short verified briefs built from public filings and registers: company registers, regulatory filings, procurement notices, official gazettes and statistical releases. Facts are extracted deterministically, each stated fact must trace to a cited source record, and briefs that fail verification are held back from publication.
The pipeline is rigid by design: the writing step is not allowed to add, remove or alter a fact, and each published brief displays its published and updated dates together with the number of sourced facts it carries. Country intelligence covers 245 jurisdictions with every datum naming its source, including export credit agency cover, register openness and sanctions-programme status per market. Screening covers organisations and markets; Stonewake does not publish personal data and does not run a newsroom.
Stonewake vs Proximo as different tool classes
The useful frame for Stonewake vs Proximo is tool class. Proximo is market journalism, deal data and community for the whole project finance ecosystem: sponsors, lenders, advisers and agencies reading the same coverage and meeting at the same events. Stonewake is filings monitoring for bank desks: a verified record of what public sources state about counterparties and markets, structured for credit and risk workflow.
The vocabularies overlap because the market is shared. SPV financings, offtake agreement milestones and host-country risk questions run through both products. The artefacts remain distinct: a Proximo story or dashboard is reporting and analysis of the market, while a Stonewake brief is a citation-backed record of a specific public filing event. Desk credit judgments, from DSCR sensitivities to cover decisions, stay with the bank in either case.
When Proximo is the better choice
Proximo is the better choice when the desk's gap is market visibility and relationships in project and infrastructure finance, which for most origination teams is the first gap that appears. Its published strengths are the point: a specialist newsroom with high monthly output, closed and pipeline deal data at stated scale, benchmarking dashboards, insight reports, and an events and training calendar that gathers the PF community. Originators who build pipeline through market presence, panels and introductions get direct value from that model.
Stonewake offers no events franchise, no editorial commentary and no dealmaker network, so a desk whose priority is market participation and narrative has a clear answer in Proximo's class of service. The expert articles and podcasts add analysis and sentiment that a filings record cannot carry, and the training courses serve team development needs entirely outside a monitoring product's scope.
When Stonewake is the better choice
Stonewake is the better choice when the desk's gap is the evidence layer: continuous monitoring of counterparty and market events from public filings with verification before publication, country intelligence per jurisdiction, and organisation-level screening without person data. PF credit files that must trace each fact to an openable public source are the workflow this design targets, alongside risk instruments the desk already documents, such as political risk insurance.
Many PF desks will read Proximo in the morning and work inside monitoring briefs during the day. The two classes of product reinforce rather than replace each other, and neither vendor's public positioning claims the other's job: Proximo does not present itself as a filings verification system, and Stonewake does not present itself as market journalism.
Pricing and procurement
Neither company publishes pricing on its public site; access to Proximo's data, news and events and to Stonewake's platform is arranged through each company's team, with quotes per institution. Procurement resolves the split on requirements: market news, deal databases, dashboards and events point to Proximo, and verified filings monitoring with country intelligence for bank desks points to Stonewake. Both classes of intelligence then feed the bank's own credit process, which neither product replaces.
Vendor figures in this page are as published on the vendors' own sites, accessed 11 August 2026.