Bidding Algorithms Module

The Bidding Algorithms Module works in concert with the Loan Pricing Module to enable analysts to devise, analyze and store bidding strategies for the various Peer-to-Peer Marketplaces. Since the bidding procedures and liquidity levels vary from Marketplace to Marketplace, this module enables analysts to tailor the automated bidding behavior of the Trading Workbench to maximize expected returns.

By leveraging Optalytic Integration Services, the Bidding Algorithms Module can aggregate historical bidding information from the various Marketplaces and make it available for use by analysts in discovering patterns of bidding behavior which perform most profitably. Using this data, analysts can then set bid timing, amount and price parameters for use by the Trading Workbench in executing scheduled bids.

When lender level-bidding data is available, the module will enable analysts to inspect the specific bidding patterns of competing lenders on the various Marketplaces, potentially enabling the prediction of the credit criteria, interest rate levels, and bidding behavior used by other Marketplace participants.