This morning, dv01 announced a new reporting partnership with SoFi. This partnership provides investors who use dv01’s platform built-in access to SoFi data, starting with securitizations. It also makes 23 past SoFi deals available for analysis and reporting. In short, it’s tailormade for institutional investors looking for more transparency and control.
SoFi is a leader in online lending and securitization, having securitized over $10 billion of loans since 2013. We’re thrilled to work with the team there to bring further transparency to their securitization process and make the process of analyzing and buying SoFi bonds more efficient for institutional investors.
Here’s what Nino Fanlo, President and CFO of SoFi, had to say: “Our partnership with dv01 allows us to offer our investors the most efficient way to access and analyze our data, while also bringing efficiency to our internal workflows.”
Under the partnership, dv01 will receive securitization data directly from SoFi, which we will normalize, format, and roll up for monthly level reporting. The data will be available through the Securitization Explorer, dv01’s online reporting and analytics portal for consumer securitizations.
This partnership is the latest to highlight dv01’s strength in data management and reporting, particularly in securitizations. To date, we’ve provided similar reporting services for several other online lenders, overseeing an aggregate securitized collateral balance in excess of $7 billion.
We see a huge opportunity ahead for data transparency in securitizations, and are excited to have a partner like SoFi stand with us in our mission.