AltFi - Edoardo Matarrese

Event Sessions Featuring Edoardo Matarrese

Roundtable (Breakout)

The 22-strong roundtable discussed various aspects of opportunities in the non-bank lending space including the opportunities in SME lending, the maturity of the market and the sustainability of some platforms' business models and the need for greater transparency.
Christian Gut, manager of the P2P lending Fund, said investors need to fully understand track records of managers/funds and of how loans are performing. He said it is “really hard to understand” like-for-like comparisons when platform are changing underwriting models. “Every country and platform is doing things in different ways. The industry should decide a certain level of credit and risk that should exist across the aboard,” he said.
Maseco’s Matthews added that niches are well suited to alternative credit but “you can’t throw a lot of money” at them as this would harm yields.
RM’s Nicholl’s said that trust in the sector could be improved by third party audits leading to more capital into the sector.
AltFi Data’s Fekete added that lenders are showing more and more interest in having their data assessed and compared on a like-for-like basis. That is a vital part of the maturation of the sector, he said.