The capability of any business is its ability to deploy resources effectively to transform inputs.  In Redebt’ s case this is facilitating an efficient marketplace for trading insolvency claims.  Redebt’ s core capability is providing holders of insolvency claims a wide market of potential buyers compared to the existing trading system over the counter (OTC), which in turn has implications for price discovery.  Investors in claims on the other hand too, have access to a variety of insolvency claims on the single platform.

Redebt has invested in a robust technology capability to support the trading of insolvency claims.  Claimholders can list their claims for trading with no farce, upload documentation and invite offers or bids.  Only the individual claimholders are able to see the offers or bids for their particular claims.  In other words if a claim holder accepts a price, this is known only between claimholder (seller) and bidder (buyer), and not the wider market.  This is an important distinction from ordinary online markets such as the stock exchange or eBay where the trading price of assets is known in the market.  The distinction has relevant business and regulatory implications.  Sellers of insolvency claims who are original holders of the claims have often taken a write-down on an asset and may not wish to publicise their write-down to the world.  At the same sellers wish to achieve the highest bid price from alternative bidders, an option which an OTC market does not offer.  Conversely, buyers of insolvency claims do not wish to publicise their pricing.  Redebt’ s software makes this possible.  It is important to reiterate that not even the Redebt’ s employees have access to the bids or pricing before these are agreed.  Although Redebt is not a regulated platform and does not hold itself out as so, this mitigates the risk of market abuse and insider trading.  Equally the details of the seller or buyer are not disclosed to the market.  Lastly, Redebt offers storage for the transaction documentation and users are able to generate reports on their trading history.

Redebt’ s technological capability is supported with a robust management capability led by competent professionals with significant experience in insolvency claims trading in particular the legal issues.  Redebt has also embraced an innovation corporate culture, to constantly search for improvement to meet client needs.  At the core of its corporate culture is the Dobni model of innovation highlighted below, which ensures continuous improvement to meet our client needs.

Lastly, the success of any market depends on its marketing capability.  Redebt has partnered with leading communications firm to ensure that its activities are visible.  This is important to attract users onto the website, thereby making a credible place for sourcing and trading of insolvency claims.