Marketplace lending data analytics provider, Monja has announced a new daily valuation service for marketplace loans; the daily loan valuation service adds to the current reporting options for institutional investors and investment management clients, increasing the analytics for marketplace loan portfolio valuation offered by Monja; the announcement is a significant step for industry loan valuations; in comments regarding the announcement, James Wu, founder and CEO of Monja said: "Now fund managers don't need to wait 20 days after end of month to see how the portfolio has performed. This allows them to better position their portfolio and liquidity, while providing better portfolio visibility for their clients." Source
Aspire Financial Technologies has released new analytics and forecasting features on its Aspire Gateway Platform; the new tools will provide enhanced analytical capabilities for the originators, investors and banks utilizing the platform; clients will now be able to develop complex loan model portfolios with data from Aspire's data partners: Lending Club, Marlette Funding, Prosper and Progressa. Source