FMS.next Alternative Finance platform enhanced with more FinTech functionality
Profile Software, an international financial solutions provider, today announced the latest upgrade in FMS.next Alternative Finance platform, to offer enhanced capabilities for “Auto-investing” that further boost the marketplace lending processes.
FMS.next Alternative Finance, the advanced financing platform of Profile Software, utilises FMS.next’s core functionality addressing the needs of Lenders and Borrowers in a single and integrated environment. Coupled with Profile’s 26+ years investment management experience, it delivers a FinTech approach to modern industry concerns, covering the full range of digital banking, crowdfunding, P2P lending, etc.
The auto-investing functionality automates the funding process matching the investment profile and preference of the Investor with existing opportunities, this way reducing time and effort needed to manually invest in the marketplace. Moreover, it guarantees that portfolio and risk diversification are performed based on provided criteria in a controlled environment, where the investor defines the appropriate, personalised risk tolerance and investment limits, ensuring transparency in making the investor aware of the process.
The solution offers Investors the option to define auto-bidding rules through a set of filters and preferences. By enabling this option, results in the platform to automatically place bids on opportunities matching the defined investment profile.
Investors may select to invest in different types of loans, different segments (e.g. business loans, retail, property and other), setup their risk and exposure limits per loan, currency and many other criteria. The available functionality, combined with the existing online Marketplace Lending technology, provides Investors with a complete investment environment to both manually select prospects to fund and instruct the platform to do so on their behalf.
Utilising FMS.next’s banking functionality all transactions are fully monitored and controlled by a powerful back office to deliver the necessary information and reporting to management and to ensure regulatory compliance.