Debtdomain aims to corner secondary loan market
Debtdomain has set out to create an online exchange for the secondary loan market in Asia and Europe. FinanceAsia.com talked to Chris Chen, an executive director of the company.
Q: What service do you provide?A: We allow banks to close loan deals very efficiently through our internal template systems. We also provide a dynamic database list to enable banks to manage their portfolio, creating watchlists and listing what they are looking to sell and what they are hoping to buy. The system itself also creates trade settlement document. All procedures are automatically taken care of without additional human intervention.Q: What advantages does the system have ove…
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