New research* from global loan agency provider Ocorian
shows the adoption of self-service technology in the capital
markets loan agency sector is set to grow, but commercial
understanding of the market is the most important factor when
selecting a service provider.
Ocorian's research with capital markets executives working
in direct lending in the US and UK specialising in first lien loans
to companies with under $1 billion annual revenue, found more than
three-quarters (78%) see the adoption of self-service technology in
the loan agency space increasing over the next 18 months.
Around 10% expect a dramatic increase in the adoption of
self-service technology, the study by Ocorian the leading provider
of private client, fund, corporate, capital markets, and regulatory
and compliance services found.