The Future of NPL Trading

wideStreet overcomes limitations of the curent NPL market and takes NPL trading to a new level.

KNOW HOW
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We are a cross-jurisdictional, multilateral marketplace for UTP and NPLs open to sellers, buyers and loan servicers.

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  • Innovative

    wideStreet combines latest legal and fintech innovations and fully digitizes the trading process.

  • Transparent

    wideStreet collects, validates, and enhances loan data for the sell-side providing analytics and transparency to the buy-side while ensuring compliance with the EBA loan data standards.

  • Smart

    We are providing smart solutions for regulatory-driven loan trades in the banking sector.

Our Mission

We offer the most sophisticated digital trading platform of UTP and NPL portfolios for sellers, buyers and servicers.

Sellers

  • Flexible interface for sellers' loan data upload
  • Data tape preparation in compliance with EBA data standards
  • Data room access management
  • Access to a broad investor base
  • Sophisticated trading platform supporting various bidding processes
  • Automated transactional documentation

Buyers

  • Custom alerts on new investment opportunities
  • Filter and search target portfolios
  • Powerful loan data analytics
  • Sophisticated trading platform with advanced control panel and dashboards
  • Portfolio purchase with or without external servicing

Servicers

  • New opportunities to generate business
  • Clean loan data access
  • Infrastructure for buyers and servicers to interact during the lifetime of the portfolio
  • Automated transactional documentation

Our Team

wideStreet’s team, led by Dr Bernd Schmid and Ksenia Gräfin von Bassewitz, is made up of passionate and entrepreneurial individuals with years of experience from a broad range of relevant industries and backgrounds.

LET'S TALK

Dr Bernd Schmid

With a Doctor of Economics (PhD) and a Master of Science (MSc) in Mathematics, Bernd is an experienced Managing Director with a demonstrated history of working in senior sales and business development roles in the financial services and fintech industries.

He is skilled in capital markets, portfolio & risk management, performance measurement and attribution, structured products & derivatives, securitization and regulation.

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Ksenia Gräfin von Bassewitz

Ksenia is a German attorney (Rechtsanwältin) and a Russian qualified lawyer experienced in German and European capital markets and banking supervisory law, including i.a. licensing, own funds/large exposure issues, bank resolution and recovery regimes, securitization and compliance.

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Our Values

wideStreet's identity is shaped by its core corporate values - they describe who we are and what we stand for.

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One Team

We believe only combined team efforts and knowledge can guarantee economic success. Great ideas count more than hierarchy. Collegiality, mutual respect, support and recognition are key building blocks of our corporate culture.

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Entrepreneurial Spirit

For us, being an entrepreneur means to be creative and courageous, to show initiative, to be an innovator and a source of new ideas. We always aim to achieve the optimal result - and we do have the necessary flexibility to make it happen.

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Absolute Integrity

We believe that nothing is more important than our reputation. Demonstrating the highest level of integrity is a key part of our identity.

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Positive Attitude

In an ever-changing competitive environment, with a positive attitude, we are prepared to face any challenges and get the work done while motivating others to do the same. We put a great importance on creating a work atmosphere where every employee feels valued and appreciated.

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Client Centricity

We believe that the purpose of any business should be a great client service. Clients are at the heart of everything we do, and serving them perfectly well is our key motivation. We put clients first, and with every piece of work we aim to not only provide best-in-market solutions but the best solution possible.

Corporate
Responsibility

At wideStreet we believe that best advice is unbiased, which is why we always strive for full transparency in all our business undertakings.

We are upfront and open about fee agreements, we address and manage potential conflicts of interest and ensure borrowers and lenders are treated equally - with the greatest level of fairness.

As a member of BKS (Bundesvereinigung Kreditankauf und -servicing e.V.), we adhere to their code of conduct where and whenever applicable to us.

We put great emphasis on only working with partners which adhere to the same or equivalently high standards.

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News

Find Your Career Path at wideStreet:

Your Position

This is an excellent opportunity to join the business development team of a young FinTech company.

You will be assisting in:

  • marketing activities
  • the acquisition of new clients (buyers, sellers and servicers)
  • the preparation of fact sheets, term sheets, models and analyses
  • the processing of transactions
  • the communication with clients and on-boarding of new customers

Your Background and Skills

We are looking for a passionate, motivated, analytical and well-structured student, who wants to become an integral part of our client-focused company. The ideal candidate has an outstanding academic track record in Business, Finance, Law or Mathematics with a strong focus on financial markets. Practical experiences from internships in the financial industry are a plus.

What you bring on board:

  • a good understanding of loan markets
  • keen interest in engaging with clients
  • a can-do mentality and ability to work independently
  • analytical skills and enthusiasm for working with numbers and Excel sheets
  • excellent communication skills
  • fluency in English and ideally in German

If you think your experience fits this role, send an email including your CV to careers@widestreetmarkets.com

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Contact Us

Please use the form below and we'll be in touch as soon as possible.