A new TowerGroup study says investors are turning more and more to peer-to-peer online lending exchanges as an alternative trading platform.
Some investors are discovering that good returns at a reasonable risk can be difficult to find in traditional investment platforms and are instead turning to Internet-based lending exchanges as alternatives, TowerGroup says.
The turn to peer-to-peer platforms could also come as a shock to financial services institutions and hit them unawares if preparations aren’t made, the study warns.