[Editor’s note: This is an article written by BNY Mellon’s Sonal Patel and Andrew Taylor. In the article, they discuss growing interest in the Esoteric ABS asset class. BNY Mellon is a Bronze Sponsor at LendIt USA 2016, which will take place on April 11-12, 2016, in San Francisco.]
Interest in esoteric asset-backed securities is gathering momentum as investors seek to diversify their portfolios and earn high yields. At the same time, advancements in technology are presenting new opportunities to create, analyze, market, sell, securitize and process these complex assets efficiently. One technology innovation that is growing rapidly is peer-to-peer lending platforms which offer the speed, simplicity, and data management critical to the future success of securitization.
Download the full article: Next Generation for Esoteric ABS
The host of this blog, LendIt, is the largest conference series dedicated to connecting the global online lending community. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities. LendIt hosts three conferences annually: our flagship conference LendIt USA as well as LendIt Europe in London and LendIt China in Shanghai. Visit our home page to register for the next event and to subscribe to our newsletter.