000			08963nam a2200349Ia 4500
001			3093
008			230305s2016 xx 000 0 und d
020			_a9781119099161
043			_aen_UK
041			_aeng
245		0	_aMarketplace lending, financial analysis, and the future of credit
260			_a _bJohn Wiley & Sons, _c2016
300			_axxiii, 317 p. _c26 cm.
500			_aintegration, profitability and risk management
505			_aIncludes bibliographical references and index. _rPART ONE Fintech and Online Lending Landscape-Where Are We Now? 11-- _rCHAPTER 1 Introduction to the Business Models in Financial Technology 15-- _r1.1 Innovation Themes in Fintech 15-- _r1.2 The Promises and Pitfalls of Fintech Business Models 20-- _r1.3 The Pitfalls 22-- _r1.4 Why is Financial Technology Innovation Important? 23-- _r1.5 Challenges and Roadblocks for Fintech Companies 24-- _r1.6 Fintech is a Long-Term Play 26-- _r1.7 Concluding Remarks 27-- _rCHAPTER 2 How Does Online Lending Work? An Overview with a Focus on Marketplace Lending 29-- _r2.1 Reliance on Technology and Data 29-- _r2.2 How Do Online Lenders Differ From Banks? 30-- _r2.3 Types of Online Lenders 31-- _r2.4 Some Background on Peer-to-Peer Networks 36-- _r2.5 The Business Model of Marketplace Lending Platforms 40-- _r2.6 Onboarding Process 41-- _r2.7 Comparing Marketplace Loans with Bank Credit or Credit Card Debt 44-- _r2.8 Who are the Alternative Borrowers? 47-- _r2.9 Who Are Investors in Marketplace Loans? 48-- _r2.10 Underwriting and Credit Scoring 48-- _r2.11 Regulation 49-- _r2.12 The Response of Banks to Online Lending 51-- _r2.13 Concluding Remarks 52-- _rCHAPTER 3 What Made the Rise of Online Lending Possible? 57-- _r3.1 Technological Factors 57-- _r3.2 Social Factors 62-- _r3.3 Structural Factors 63-- _r3.4 The Perfect Storm 65-- _r3.5 A Divergence of Trends 66-- _r3.6 Concluding Remarks 67-- _rCHAPTER 4 Why Fintech Lives Outside of Banks 69-- _r4.1 The Technology Mudslide Hypothesis: Sustaining Innovation vs. Disruptive Innovation 70-- _r4.2 Will Banks Notice the Next Fintech Breakthrough? 73-- _r4.3 Why Do Banks Have Difficulty in Innovating? 76-- _r4.4 Developing Core Competence in Financial Technology Innovation 79-- _r4.5 Concluding Remarks 81-- _rPART TWO The Status Quo of Analytics in the Financial Industry-The Perspective of Banks 83-- _rP2.1 Banking is Innovation 84-- _rP2.2 Banking Goes Mobile 84-- _rP2.3 Banks Are Far From Dead 85-- _rP2.4 How to Read This Part of the Book 85-- _rP2.5 What We Discuss in This Part 86-- _rCHAPTER 5 Financial Contracts 89-- _r5.1 Contract Elements 89-- _r5.2 Time in Financial Contracts 90-- _r5.3 Contract Mechanisms Producing Financial Events 92-- _r5.4 Concluding Remarks 106-- _rCHAPTER 6 Markets 107-- _r6.1 Real-world and Risk-neutral Expectations of Markets 108-- _r6.2 Economic Scenarios Based on Real-world Probabilities 109-- _r6.3 The Risk-neutral Expectations 110-- _r6.4 Beyond Market Risk-Free Rates 113-- _r6.5 Discounting Cash Flows 116-- _r6.6 Considering Market Elements in P2P Finance 117-- _r6.7 Concluding Remarks 118-- _rCHAPTER 7 Counterparties 121-- _r7.1 Types and Roles of Counterparties 121-- _r7.2 Descriptive Characteristics 123-- _r7.3 Default Probability 124-- _r7.4 Credit Ratings 129-- _r7.5 Credit Spreads Based on Real-world Probabilities 130-- _r7.6 Link of Counterparties via Markets 131-- _r7.7 Concluding Remarks 137-- _rCHAPTER 8 Behavior Risk 139-- _r8.1 Prepayments 140-- _r8.2 Draw-downs/Remaining Principle/Facilities and Credit Lines 141-- _r8.3 Withdrawals 143-- _r8.4 Selling 143-- _r8.5 Default and Downgrading 144-- _r8.6 Use at Default 145-- _r8.7 Recoveries 146-- _r8.8 Concluding Remarks 147-- _rCHAPTER 9 Credit Exposures 151-- _r9.1 Gross Exposure 151-- _r9.2 Net Exposure 152-- _r9.3 Evolution of the Gross and Net Exposures 152-- _r9.4 Exposure Distribution 155-- _r9.5 Credit Losses 156-- _r9.6 Link of Counterparties via Credit Exposures 157-- _r9.7 Concluding Remarks 158-- _rCHAPTER 10 Credit Enhancements 161-- _r10.1 What are Credit Enhancements? Types and Structure 162-- _r10.2 Asset-based Credit Enhancements 162-- _r10.3 Counterparty-based Credit Enhancements 165-- _r10.4 Additional Elements Considered in Credit Enhancements 168-- _r10.5 Extending Credit Enhancements in Marketplace Lending 170-- _r10.6 Concluding Remarks 175-- _rCHAPTER 11 Systemic and Concentration Risks 177-- _r11.1 Credit Exposure Systemic Risk 177-- _r11.2 Counterparty Systemic Risk 180-- _r11.3 Systemic Risk Exposures and Losses 183-- _r11.4 Credit Exposure Concentration Risk 184-- _r11.5 Counterparty Concentration Risk 185-- _r11.6 Systemic Risk and Portfolio Diversification 187-- _r11.7 Concluding Remarks 187-- _rCHAPTER 12 Liquidity, Value, Income, Risk and New Production 189-- _r12.1 Liquidity 190-- _r12.2 Value and Income 197-- _r12.3 New Production 203-- _r12.4 Treasury and Funds Transfer Pricing (FTP) 205-- _rPART THREE Toward the Future of the Hybrid Financial Sector 215-- _rP3.1 Dangers of a Big Bang Approach to Catch up with Technology Innovation 216-- _rP3.2 The Need to Collaborate in a Hybrid Financial System 217-- _rCHAPTER 13 Profitability and Risk of Marketplace Loans 219-- _r13.1 Underlying Assumptions of the Analysis 220-- _r13.2 Risk Factors 222-- _r13.3 Portfolio Construction 224-- _r13.4 Modeling Portfolio Performance 226-- _r13.5 Risk Management 236-- _r13.6 The Road Forward 246-- _r13.7 Concluding Remarks 247-- _rCHAPTER 14 Digital Competencies and Digital Dilemmas 251-- _r14.1 Digital Competencies 252-- _r14.2 Digital Dilemmas 255-- _r14.3 Concluding Remarks 260-- _rCHAPTER 15 Digital Strategy 263-- _r15.1 Who Needs Digital Strategy? 263-- _r15.2 Frameworks to Analyze the Impact of Innovation 264-- _r15.3 Spotting Signs of Trouble on the Horizon 267-- _r15.4 How Banks Can Overcome the Innovator's Dilemma 269-- _r15.5 From Producer to Supplier and Moving to a New Singularity 271-- _r15.6 From Closed Innovation to Open Services Innovation 272-- _r15.7 The Role of Leadership in Driving Emergent Strategy 273-- _r15.8 Concluding Remarks 274-- _rCHAPTER 16 The Hybrid Financial Sector 277-- _r16.1 Forces of Competition in the Digital Age 277-- _r16.2 The Dangers of Knife Fights 279-- _r16.3 Good Ideas in Marketplace Lending That Might Be Here to Stay 280-- _r16.4 The Alternative to the Hybrid Financial Sector: A Doomsday Scenario for Established Banks? 286-- _r16.5 Concluding Remarks 286-- _rCHAPTER 17 Unified Analytics 289-- _r17.1 Why Do Marketplace Lending Platforms Need Unified Financial Analytics? 290-- _r17.2 An Overview of a Unified Analytics Platform 296-- _r17.3 Concluding Remarks 301--
520			_aMarketplace Lending, Financial Analysis, and the Future of Credit clearly explains why financial credit institutions need to further innovate within the financial technology arena. Through this text, you access a framework for applying innovative strategies in credit services. Provided and supported by financial institutions and entrepreneurs, the information in this engaging book encompasses printed guidance and digital ancillaries. ; ; Peer-to-peer lenders are steadily growing within the financial market. Integrating peer-to-peer lending into established credit institutions could strengthen the financial sector as a whole, and could lead to the incorporation of stronger risk and profitability management strategies. ; ; Explain (or Explore) approaches and challenges in financial analysis applied to credit risk and profitability ; Explore additional information provided via digital ancillaries, which will further support your understanding and application of key concepts ; Navigate the information organised into three subject areas: describing a new business model, knowledge integration, and proposing a new model for the Hybrid Financial Sector ; Understand how the rise of fintech fits into context within the current financial system ; Follow discussion of the current status quo and role of innovation in the financial industry, and consider the financial technology innovation landscape from the perspective of an entrepreneur ; ; Marketplace Lending, Financial Analysis, and the Future of Credit is a critical text that bridges the gap in understanding between financial technology entrepreneurs and credit institutions.
590			_bSupport material available on publisher's website.
650			_aFinancial services industry _xTechnological innovations _912988
650			_aCredit _xTechnological innovations _912989
650			_aRisk management _96244
650		0	_aFinance _93911
700			_aStagars, Manuel _eAutor _912990
700			_aAkkizidis, Ioannis _eAutor _912991
856			_uhttps://www.wiley.com/en-es/Marketplace+Lending%2C+Financial+Analysis%2C+and+the+Future+of+Credit%3A+Integration%2C+Profitability%2C+and+Risk+Management-p-9781119099178
902			_a475
905			_am
911			_ahttps://biblioteca.tbs-education.es/portadas/9781119099161.jpg
912			_a2016-01-01
942			_a1
953			_d2021-09-07 13:34:39
999			_c2949 _d2949