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Post by ablrate on Oct 15, 2020 14:14:06 GMT
Another backward step, IMO, is that the IRR is now not displayed for each bid and offer price on the order book. That has always been an issue in that it never took into account volume weighted average pricing. We are working on having a VWOP at each loan which will be far more accurate
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macq
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Post by macq on Oct 15, 2020 15:06:11 GMT
Could somebody a bit more techie then me (not hard i admit) tell me why i have to enable pop-ups and what makes it a good idea? when i have been happily browsing the net for all this time with no problems without them It is because there are two system in operation... and to make sure you didn't have to log into two systems i.e you can seamlessly log into the ASMX, we had to work through the best way to do it and remain super secure and this was the result for us. You can allows opoups for specofic pages like ASMX ok thanks - i will take your word about "super secure" and my chromebook/virus protection will allow but it tends to conflict with what i have read about popups over the years (unless there's more then One variety so there not all ads/spam etc) so may do a bit of research
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hazellend
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Post by hazellend on Oct 15, 2020 15:36:56 GMT
I would rather login separately than the pop up . It’s all done with face recognition. I don’t even know how to enable popups for an individual site
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Post by Badly Drawn Stickman on Oct 15, 2020 16:10:22 GMT
I have learn't that after a few days most change just becomes normal, so with a bit of work suspect it will be just fine. The search options clearly need a bit of enhancing and the 'glitches' on the deposit and withdraw displays are a bit worrying.
It does slightly raise the question of who was involved in the testing, nearly everybody has mentioned searchable columns and it does seem a fairly basic need. I had assumed a selected number of investors would have been involved? If so maybe a new team is needed, if not clearly why not.
Is it available in other colours and sizes?
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ptr120
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Post by ptr120 on Oct 15, 2020 17:15:27 GMT
How do we sort, maybe I'm just missing it, 2 I'd frequently like to sort on are interest rate and maturity date. You can use the filters on the left hand side. The sliders sort dynamically in interest rate and months remaining Hi ablrate even when I use the sliders it doesn't seem to display sorted by maturity date which is what I'm ideally looking for
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Post by otis71 on Oct 15, 2020 17:29:07 GMT
As I'd never used the old system it may be easier for me. I appreciate there'll always be a balance between simplicity, aesthetics and features.
One useful point (may have been mentioned already) would be the ability to choose the number of loans per page (the current default still needs me to scroll down to get the bottom couple anyway - at least on my desktop screen's aspect ratio).
On the reasons for change, I do get the concept of 'one loan exchange to rule them all' with ASMX ultimately being available for other P2P platforms to use. Seems a logical evolution for the P2P sector - I hope it takes off.
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Post by df on Oct 15, 2020 17:40:58 GMT
ablrate, One of my loan parts has been sold. The value is displayed on ASMX page, but on the dashboard it shows 0.00 , so there's no way of withdrawing or reinvesting this money. Is it a glitch or am I doing something wrong?
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criston
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Post by criston on Oct 15, 2020 18:00:50 GMT
ablrate , One of my loan parts has been sold. The value is displayed on ASMX page, but on the dashboard it shows 0.00 , so there's no way of withdrawing or reinvesting this money. Is it a glitch or am I doing something wrong? Try clicking refresh circle, top right Loan Exchange box.
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dh1
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Post by dh1 on Oct 15, 2020 18:31:47 GMT
I have learn't that after a few days most change just becomes normal, so with a bit of work suspect it will be just fine. The search options clearly need a bit of enhancing and the 'glitches' on the deposit and withdraw displays are a bit worrying. It does slightly raise the question of who was involved in the testing, nearly everybody has mentioned searchable columns and it does seem a fairly basic need. I had assumed a selected number of investors would have been involved? If so maybe a new team is needed, if not clearly why not. Is it available in other colours and sizes?
I wonder about the testing as well. The points made so far would have been picked up straight away by experienced "test" lenders, thus removing the need to beta test in the real world with real lenders, using their own, real, money. It is also disappointing to see basic, important, errors - like not quoting the title of each loan - have made it to the rolled out version of the software. This is all pretty irritating. I wonder how many lenders will fall out of love with Ablrate as a result?
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criston
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Post by criston on Oct 15, 2020 19:00:09 GMT
Just realised 'Total funds in this account' figure, does not include funds moved to & currently in 'Loan Exchange' box.
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k6
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Post by k6 on Oct 15, 2020 19:15:01 GMT
On the Main Page there is a column Your Holdings. When going into specific Loan this changes to Quantity Held .... what for ? Keep simple. Also if Main Page presents a loan number with Loan+hash and number then no need to change that for Symbol in a Loan Page. Keep simple.
Probably mentioned before but will be nice to be able to sort out column by My Holdings ( not Quantity Held )
What is Total Quantity Owned ? in a Wallet. is this another name for My Holdings ?
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dh1
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Post by dh1 on Oct 15, 2020 19:26:05 GMT
I didn't struggle with the sound - just turned the speakers up! Not really sure that helped as I still don't see why these changes are necessary or especially helpful to investors. If there were a massive number of loans(?) instead of the 57 current ones in play - clearly the intention is to move that way - I guess there might be some merit in the additional complexity. Of course, I may have all this wrong as I couldn't make head nor tails of the screens; sadly, there isn't a button to press - at this end at least - to fix that.
Anybody else spotted the problem with shifting loans between accounts? Say from an ordinary account into an IFISA? Seems to me that the new approach will stop that or make it tricky at least. That may be intentional, of course.
Can't wait for 10am....
Nope... you can go into your IFISA... open the loan exchange... Switch to standard...open the loan exchange... and trade between the two.... massively easier than currently Pity this doesn't work.
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Post by df on Oct 15, 2020 20:23:51 GMT
ablrate , One of my loan parts has been sold. The value is displayed on ASMX page, but on the dashboard it shows 0.00 , so there's no way of withdrawing or reinvesting this money. Is it a glitch or am I doing something wrong? Try clicking refresh circle, top right Loan Exchange box. Thank you! It worked.
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treeman
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Post by treeman on Oct 15, 2020 22:54:51 GMT
I've only had a quick play. Not even tried to actually use the exchange yet.... A few observations from a look/fiddle:
Agree with most of the above points. On the main screen, truncation of the loan title is particularly irksome, likewise the omission of Borrower name. Borrower Name should also feature prominently on the individual loan pages.
As well as the various useful sort options mentioned above which are now lost, I regularly sort by Borrower. Given the very limited borrower diversity it's useful to help avoid over exposure.
In the absence of the previous sort abilities I've tried the text filter box....
Full Loan Nos works. '38' throws up 38, 138 and 144 '068' throws up 68 and 67 etc, etc, etc
'P*' works ok.
' Access' works ok. ' access' doesn't. Throws up just 2 loans - 143 and 138 (go figure) 'Acess' or 'acess' don't, so typo/spelling/fat fingers frustration to come.
'Well*****' gives nothing. Neither does 'Well***** R****** Ltd '. 'Well' throws up 5. 59/60/76/108/130 ?? Omitting the expected 137....
'F***man' pops up 7. The expected 6 by borrower name, plus 137 which tbh it really should. And the rest. 'f***man' nada 'F***' throws up 9. The 6 and 137, plus 111 and 113. 'F**' takes it up to 10, adding in 130 (?)
Enough , CBA to try anything else. Clearly unreliable. Unfathomable even. Defo WIP.
So, a Filter option drop-down for borrowers would be nice please.
Reset button works to clear filters in one go - how about a reset/clear for sliders?
Nit-picking/consistency/attention to detail bits:
- Loan Type filter drop down is for IO/Am. However, this is called Loan structure on the loan details (only a few cm apart on the screen), whereas Loan type on the details is property/Cap Eq etc
- All item 'headers' on the loan listing have a colon except Status.
- Please add the commonly used commas in loan amounts. 5000000 and 500000 are easily confused, 5,000,000 and 500,000 much less so. (Good to see the previously requested Remaining amount tho!)
- Back on the ABL platform the clearly repurposed Existing Loans page shows 'Secondary Market' on the browser tab.
In case it matters - Win10/Firefox. Is there an inactivity auto logout?
For balance I'm not particulary anti. I was quite happy with the previous if auto matching could have been added, but not averse to change/progress. Clearly needs tweaking. We'll get used to it. New normal and all that.
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dh1
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Post by dh1 on Oct 16, 2020 7:01:53 GMT
Nope... you can go into your IFISA... open the loan exchange... Switch to standard...open the loan exchange... and trade between the two.... massively easier than currently Pity this doesn't work. Actually, it does work to a point. The point arises when ASMX gets bored (after a few minutes, I think) with having two different ASMX account pages open at the same time; instead of closing the one it isn't happy with, it just changes it to reflect the other account, without warning. So you are left with one Ablrate account page and two ASMX pages open, all for the same account. None of this should happen for what I hope are obvious reasons, ablrate. I'm thinking of putting a bill in for all this beta testing.
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