|
Post by westonkevRS on Apr 1, 2014 20:27:37 GMT
Being #1 for the odd week in 2013 was nice, but being the biggest UK P2P lender for a whole month as we enter the regulated era is great ! Not that were competitive or anything....
|
|
mikes1531
Member of DD Central
Posts: 6,452
Likes: 2,320
|
Post by mikes1531 on Apr 1, 2014 22:01:15 GMT
I just published the figures for March... I've seen the monthly figures, and I thank you for compiling them. Do you also have the cumulative figures? If so, are they on the website and I've just not found them yet? If you have the data but it's not on the website, would you consider including it? I think it would be very interesting if charted.
|
|
|
Post by easteregg on Apr 2, 2014 6:13:58 GMT
I just published the figures for March... I've seen the monthly figures, and I thank you for compiling them. Do you also have the cumulative figures? If so, are they on the website and I've just not found them yet? If you have the data but it's not on the website, would you consider including it? I think it would be very interesting if charted. I publish cumulative data on the P2P money website, and this will be updated over the next couple of days.
|
|
|
Post by wiseclerk on Apr 2, 2014 7:19:11 GMT
I just published the figures for March... I've seen the monthly figures, and I thank you for compiling them. Do you also have the cumulative figures? If so, are they on the website and I've just not found them yet? If you have the data but it's not on the website, would you consider including it? I think it would be very interesting if charted. I have the data, but in my opinion it is not very meaningful to publish absolute numbers of loan volume originated if those were generated over different length of trading. e.g. Zopa has been active since 2005 whereas Zank just started last year.
|
|
mikes1531
Member of DD Central
Posts: 6,452
Likes: 2,320
|
Post by mikes1531 on Apr 3, 2014 2:27:52 GMT
I've seen the monthly figures, and I thank you for compiling them. Do you also have the cumulative figures? If so, are they on the website and I've just not found them yet? If you have the data but it's not on the website, would you consider including it? I think it would be very interesting if charted. I have the data, but in my opinion it is not very meaningful to publish absolute numbers of loan volume originated if those were generated over different length of trading. e.g. Zopa has been active since 2005 whereas Zank just started last year. True, but if all the data were on a chart you could compare, for instance, how Zopa did in its early years to how another platform is doing in its early years.
|
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
|
Post by JamesFrance on Apr 3, 2014 6:41:41 GMT
I don't think that would be a fair comparison, as when Zopa started nobody had heard about p2p and few people would have been prepared to trust their savings to some unknown website. I would also have expected a very high proportion to default, so would have kept well away from a crazy scheme. Now the industry is well established and many people have heard about it so volumes are growing rapidly.
|
|
|
Post by easteregg on Apr 3, 2014 12:04:34 GMT
Lenders also need to consider the lending terms. If company A offers 6 month loans and company B offer 60 month loans, then company A will arrange 10 times the number of loans as company B over the same period. Which is bigger? By arranged loans company A would dwarf company B, but the better metric is loans outstanding.
|
|
|
Post by wiseclerk on Apr 3, 2014 12:34:56 GMT
Good point.
|
|
|
Post by wiseclerk on May 2, 2014 7:20:17 GMT
|
|
j
Member of DD Central
Penguins are very misunderstood!
Posts: 2,188
Likes: 540
|
Post by j on May 2, 2014 8:19:48 GMT
|
|
|
Post by wiseclerk on Jun 2, 2014 16:55:22 GMT
|
|
|
Post by westonkevRS on Jun 5, 2014 5:46:35 GMT
Looks like those pesky hedge funds are even moving into wiseclerks reporting space; The Liberum AltFi Index: www.altfi.com/data/235I like the fact that they now " We feel that calculating the market share for loans originated over the last 3 months as opposed to over the lifetime of a platform provides a fairer reflection of the competitive environment "
|
|
|
Post by easteregg on Jun 5, 2014 11:45:34 GMT
I like the fact that they now " We feel that calculating the market share for loans originated over the last 3 months as opposed to over the lifetime of a platform provides a fairer reflection of the competitive environment "Yes this is perhaps a more representative, but one metric that they don't report is the loans outstanding. This is perhaps a fairer mechanism as some companies offer shorter term loans, and therefore the same £ could be counted multiple times.
|
|
|
Post by westonkevRS on Jun 5, 2014 13:04:32 GMT
Easteregg,
I couldn't agree more. Agreed it might be different for the primarily secured lenders but for other P2P platforms I as a lender would like to know not only the "provision fund" but also what balance it covers. I think RateSetter is very clear about that (http://www.ratesetter.com/lending/provision_fund.aspx ). A lender shouldn't have to guess covered outstanding balances to make an informed decision.
|
|
|
Post by wellesleyco on Jun 5, 2014 15:21:51 GMT
Looks like those pesky hedge funds are even moving into wiseclerks reporting space; The Liberum AltFi Index: www.altfi.com/data/235I like the fact that they now " We feel that calculating the market share for loans originated over the last 3 months as opposed to over the lifetime of a platform provides a fairer reflection of the competitive environment "It works for some of us!
|
|