Transforming Access to Capital for Credit Unions
9Squid Private Markets by TAPP Engine is embarking on a groundbreaking journey to enhance institutional capital access for credit unions and community finance institutions. With a market opportunity surpassing $5.8 trillion, this new AI-driven securitization platform is set to change the landscape of financing.
The Launch of an Innovative Platform
Today, 9Squid Private Markets announced the introduction of a state-of-the-art AI-powered platform tailored for credit unions and community banks of varying asset sizes. This platform simplifies the loan securitization process, enabling a smoother and more efficient connection to institutional investors via a dedicated private distribution framework.
Why it Matters
Credit unions in the U.S. manage around $2.4 trillion in assets, alongside over $1.7 trillion in consumer loans as noted by industry reports. Additionally, community finance institutions hold over $6 trillion in assets and around $4.1 trillion in diverse loans. Despite the vast resources at their disposal, many of these institutions have not fully leveraged securitization opportunities due to high costs and complex processes which often exclude them from the institutional credit markets.
Securitization for Everyone
9Squid is purposefully crafted to dismantle these obstacles and provide more straightforward access to institutional capital. Tosin Osunsanya, Founder and CEO of TAPP Engine, remarked, "Community institutions play a pivotal role in capital formation, yet many have faced barriers in securitization markets. 9Squid aims to democratize this process, facilitating efficient paths for institutions to secure the funding they need while maintaining their cooperative governance structures."?
Revolutionizing Balance Sheet Management
A standout feature of the 9Squid platform is its ability to simulate and optimize balance sheet impacts. This allows institutions to assess potential securitization scenarios beforehand, estimating their effects on liquidity, capital ratios, earnings, and overall exposure. This transformative approach positions securitization not just as a single transaction but as an integral part of ongoing balance sheet management.
Streamlined Alternative to Loan Participation
9Squid also introduces a more programmatic method for loan participation. Unlike the traditional bilateral or club-based formats, credit unions now have a repeatable securitization option to better control liquidity, growth, and risk. The platform directly connects these institutions with institutional investors, ensuring smoother transactions.
Current Support and Future Plans
The platform is currently set to support the securitization of personal loans, auto loans, and home equity lines of credit. Looking ahead, five credit unions are already in the initial pipeline, with plans for broader onboarding across the sector.
Contact for More Information
If you are interested in exploring partnership opportunities, please reach out to Joel Vanovitch for further discussion. We welcome collaboration and are excited about the potential synergies that 9Squid can unlock for your institution.
About 9Squid Private Markets
9Squid Private Markets serves as a dynamic credit and securitization platform designed for credit unions and community finance institutions, regardless of their size. As part of TAPP Engine, this platform merges the benefits of asset-backed securitization with balance sheet optimization and direct access to institutional investors, fostering quicker and more efficient capital formation.
About TAPP Engine
TAPP Engine is dedicated to modernizing capital formation, wealth management, and liquidity frameworks for credit unions, community finance institutions, and regional banks, ensuring they remain competitive in a rapidly evolving financial landscape.
Frequently Asked Questions
What is 9Squid Private Markets?
9Squid Private Markets is an AI-driven securitization platform developed by TAPP Engine, aimed at increasing access to institutional capital for credit unions and community finance institutions.
How does the platform benefit credit unions?
The platform provides a streamlined process for securitization, enabling credit unions to access institutional investors more efficiently and manage their balance sheets effectively.
What types of loans can be securitized through 9Squid?
Currently, the platform supports the securitization of personal loans, auto loans, and home equity lines of credit.
Who can utilize the 9Squid platform?
The platform is designed for credit unions and community finance institutions of all sizes, ensuring inclusivity in capital access.
How can institutions get started with 9Squid?
Interested organizations can reach out directly to the 9Squid team for partnership and onboarding opportunities to join the platform.
