# WideStreet — Loan Portfolios Marketplace

> A portfolio analysis and trading platform for cross-border marketplace dealing in UTP and NPLs.

Source: https://macan.id/work/article/widestreet/

![wideStreet App](/images/products/design/widestreet.png)

### Highlights
- positioning wideStreet as the first standardized platform in Europe for NPL portfolio trading 
- the solution offered to European banks 
- The “Whitelabel” model allows banks to use the platform to service their clients individually 
- the composition of standardized data, auction management, and investor communication unlocks the previously tedious and time-consuming process 

### Success Factors

- using discovery and design process, through the course of the project, shaped the final product that meets market demands and industry expectations 
- using open source NPL libraries enabled accelerated development of core data model and decreased the overall cost of the solution
### complexity components
- complex data import processing
- validation and standardization 
- strict regulatory rules and conditions