Cambridge Centre for Alternative Finance & Canadian Lenders Association Partner on Global Benchmark Study
Cambridge, UK., and Toronto, Canada, September 7, 2018 –The Cambridge Centre for Alternative Finance (CCAF) and the Canadian Lenders Association (CLA) today announced a partnership to support research into the innovative Canadian lending sector through the 2018 Americas Alternative Finance Benchmarking survey.
The CCAF’s Global Benchmark is the largest academic benchmarking study on alternative finance and provides invaluable vetted market intelligence on the fintech industry, informing local and regional regulatory authorities and policy-makers.
This survey will inform the CCAF’s third annual alternative finance report on the Americas region. Last year’s study – Hitting Stride – included survey responses from over 273 platforms from across the region and was widely cited as the very best data available on the growth of the industry. This year’s survey covers activity in 2017 and focuses on shedding light on some of the key trends uncovered in the previous research. The landscape of alternative finance is changing rapidly across the Americas, and especially throughout Canada. Through this partnership, the CCAF and CLA will encourage broader participation by Canadian platforms in this high-profile and high-impact research, and further deepen coverage on the fast-changing industry.
The survey can be found at: https://jbs.eu.qualtrics.com/jfe/form/SV_9SUDr5VSgvyJumh and must close September 17, 2018.
To aid in the process, platforms can explore the survey questions before completing the survey.
Based in Cambridge University’s Judge Business School, the CCAF is the leading research body globally on alternative funding sources. The CCAF is dedicated to the study of alternative finance, which includes financial channels and instruments that emerge outside of the traditional financial system (i.e. regulated banks and capital markets).
Based in Toronto, the CLA supports the growth of companies in the Canadian market that are in the business of lending, and providing other means of credit, to small businesses and individuals, by providing its members with tools to innovate and to foster safe and ethical lending practices.
“The CLA is committed to bringing data and research to our lenders and the broad lending ecosystem,” said Gary Schwartz, President of the CLA. “We believe that this international partnership will increase the sector insights and direction for regulators and business leaders working in the innovative digital lending space in Canada.”
“We are excited about this opportunity to work with the CLA. The input and contribution of CLA’s members will provide essential insight into the current state of the Canadian market and further support policy and business decision-making,” said Tania Ziegler, Head of Global Benchmarking, CCAF.
About the Canadian Lenders Association
The Canadian Lenders Association (CLA) supports the growth of companies in the Canadian market that are in the business of lending, or providing other means of credit, to small businesses and individuals by non-conventional or innovative means to exchange ideas and explore ways of improving the sector; encourage principled and professional practices by innovative lenders; educate the public at large about innovative lending; encourage individual potential borrowers to be informed about the appropriateness of innovative lending to the borrowers’ circumstance; and to advocate on behalf of, and represent the interests of innovative lenders.
About the Cambridge Centre for Alternative Finance
The Cambridge Centre for Alternative Finance (CCAF) is an international interdisciplinary academic research institute dedicated to the study of alternative finance, which includes financial channels and instruments that emerge outside of the traditional financial system (i.e. regulated banks and capital markets). The Cambridge Centre for Alternative Finance is forging a cutting-edge, multidisciplinary and collaborative research agenda in alternative finance, which includes financial instruments and channels that emerge outside the traditional financial system. From innovation and regional development to social and cognitive behavioural finance; from issues of reputation and trust, to asset pricing and organisational behaviour, our research agenda on all forms of alternative finance (e.g. crowdfunding, p2p lending and virtual currency) is expansive, innovative and rigorous.
Gary Schwartz for the CLA