Orchard Platform, the New York-based investment and analytics service focused on the lending market, has formed a partnership with Duff & Phelps, the global valuation and corporate finance advisor, the two companies announced yesterday (17 November). The partnership will help Orchard clients to effectively and accurately view their online lending portfolios and obtain independent fair values and return analytics integrated into one platform.
“One of the challenges in any emerging marketplace environment is the issue of data standardization,” Matt Burton, chief executive of Orchard, said in a statement. “Our partnership with Duff & Phelps will help by providing a view into valuation data that is consistent across loan originators and individual loans. This creates significant operational efficiency for institutional investors and will allow them to focus on their investment strategy.”
“We're excited to be able to provide our analytical insight tools to the institutional investors on the Orchard Platform,” added Duff & Phelps chief executive Noah Gottdiener. “The growing interest from these large investors is a clear sign that marketplace lending has arrived.”
Orchard Platform is an investment and analytics platform that allows institutional investors and loan originators connect and transact. Founded in New York City last year, Orchard focuses on building the systems and infrastructure that will allow marketplace lending to grow into a major financial market. Orchard enables institutional investors to build their investment in the space by providing investment strategy, real-time trading and reporting, premier analytics and access to supply. Orchard connects originators to a variety of capital providers and enables them to focus on making loans.
Duff & Phelps is a global valuation and corporate finance advisor with expertise in complex valuation, dispute consulting, M&A and restructuring. The firm's 1,000 employees serve a diverse range of clients from offices in North America, Europe and Asia.