What you can tell about funds and venture organizations?
Huge stocks of cash and assets restricted in terms of the turnover. The approximate amount of reserves is $40 trillion. A desire to enter the financial market as financial institutions. A desire to act as banks without falling under the influence of the regulator. Restrictions on investing in certain territories.
i have heard sth about market overview...what is it ? And how does it work?
Currently provision and aggregation of financial services is in infancy. Aggregator websites. In fact, they are catalogues. They provide information about approximate interest rates. When an application is submitted, the user is redirected to the bank's website. No real cooperation is in this case. And no time reduction. Goods marketplaces. They have reached a high level of operation in the service sector and can launch provision of related services after their IT platforms improvement. But there are potential integration problems when working with the customer and supporting two-way deals.
Also we forgot to add the escrow services. They can act as guarantors of deals and, to some extent, ensure verification of documents. But they do not provide a possibility to aggregate applications, and their operation is not distinguished by stability and transparency. It is also worth noting individually that there is the overall lack of all services. They do not have multiterritorial integrity, do not provide online interaction between dierent users, and cannot work in conditions of full transparency of deals.
but then you may got some problems with market . Don't you ?