Global Debt Registry
Lending > Best Lending Platform
Global Debt Registry is a private equity-backed FinTech headquartered in NYC that provides asset integrity solutions to the structured credit ecosystem, pioneering the efficiencies of digital structured credit.
GDR has developed a platform leveraging distributed ledger technology to reduce costs, bring new efficiencies and increase transaction volume. The company helps original creditors through to senior lenders, underwriters and investors to more efficiently participate in an inclusive structured credit market with a new trust paradigm.
For the last decade, GDR has been a trusted party in improving the efficiency and integrity of the receivables market. This experience in handling sensitive account level data, information security credentials, chain of title and legal standing has allowed GDR to rethink the efficiency of the structured credit market.
GDR’s decentralized solutions are built on IBM’s Blockchain technology, enhancing loan data integrity. Loan characteristics are tokenized and become part of a permanent ledger with immutable audit trails establishing a standard of record for the industry. Tokenized assets can securely flow through the capital markets faster and at lower cost, reducing funding and investment risk, and enabling innovative new structured credit products. This standard helps promote new levels of trust and efficiency in collateral pledging, loan diligence, custody and reporting activities.
The GDR platform has been designed and built by the industry, for the industry, with open participation and value across the ecosystem. GDR currently operates across asset classes in the asset backed securities market, including auto, credit card, student, and marketplace loans.
The platform launched to the market on June 27th, 2018 with support for marketplace loans and broadened across asset classes on September 24th, 2018. To date, GDR has 1+ million registered assets from multiple banks across half a dozen different originators.
For more information, visit www.GDR.co or watch our quick video at https://vimeo.com/284034803.