PeerIQ
PeerIQ provides technology solutions for the alternative lending industry, offering a platform that enhances data analytics, risk management, and liquidity across various client segments including banks, asset managers, and lenders.
Services
PeerIQ offers technology solutions tailored for the alternative lending industry. Their platform provides analytics, access, and risk management tools aimed at enhancing liquidity and managing risks throughout the entire funding chain. Key services include monitoring vintage performance for originators, evaluating prospective portfolios for asset managers, and real-time credit facility management for warehouse lenders. Banks and credit unions also benefit from tools that allow them to access consumer credit opportunities and ensure compliance with regulatory standards like ALLL/CECL.
Products
PeerIQ's primary product is its comprehensive platform, which includes features such as data aggregation and standardization, portfolio analytics, scalable reporting, cash flow projections, and benchmarking. This platform is designed to meet the needs of various client segments, from originators looking to manage credit facilities and execute loan sales to asset managers seeking to evaluate portfolios and manage leverage. It also supports warehouse lenders in conducting deep dives on collateral composition in real time.
Sector
PeerIQ operates within the alternative lending industry, specifically targeting marketplace lending. Their technological solutions address the complexities associated with data and liquidity management in this sector. By serving originators, asset managers, warehouse lenders, and banks & credit unions, PeerIQ plays a critical role in ensuring the financial health and operational efficiency of its clients within the marketplace lending ecosystem.
Client Segments
PeerIQ serves several key client segments including originators, asset managers, warehouse lenders, and banks & credit unions. Originators utilize the platform to monitor vintage performance and manage credit facilities. Asset managers gain tools to evaluate prospective portfolios and manage collateral. Warehouse lenders benefit from real-time insights into their collateral compositions. Banks and credit unions leverage the platform for accessing consumer credit opportunities and regulatory compliance.
History
PeerIQ has been delivering consistent value to clients for over seven years. Throughout this period, the company has focused on enhancing the efficiency and effectiveness of the alternative lending market through its technological solutions. Its platform has evolved to include a suite of tools designed to address the specific needs of various client segments, ensuring better risk management and liquidity solutions across the funding chain.