Platform Key Performance Indicators

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The below stated Key Performance Indicators have been developed by the ECN Board of Directors and have been verified and discussed by ECN Platform members in Spring 2017. They will be binding for ECN Platform Members as of 2018 and ECN is expecting its Platform Members to collect the data, submit this on a yearly basis to ECN. ECN urges its members to publish the information also on their websites in an easily readable format.

1. Business Information   Indicators Explanation
 I. Name of legal entity
 II. Country of registration
III. Registration Number
IV. Director(s)
V. Postal Address
VI. Web Address (URL)
VII. Contact Person
VIII. Phone
IX. Email
X. Year of establishment of the platform  Date in book year.
XI. Number of employees 2013…
2014…
2015…
2016…
Total amount at the end of book year.
XII. Form of regulation 1. MiFiD
2. MTF
3. National Model;
4. Other
 Regulation/permits per country.
XIII. National Model ONLY: Name and describe national model
XIV. Type of crowdfunding operated on the platform 1. Securities-based (equity and quasi-equity structures, other trade-able securities)
2. Lending (consumer loans with or without interest payments)
3. Lending (business loans with or without interest payments)
4. Reward (tangible rewards or services)
5. Donations (intangible rewards)
6. Micro-payments (cash transfers, remittances)
7. Other…
2. External Performance  
I. Capital subscribed in total per year (in EUR) 2013 …
2014 …
2015 …
2016 …
This total volume invested on the platform per year, regardless of the success of the round.
II. Capital successfully invested per year (in EUR) 2013 …
2014 …
2015 …
2016 …
This total volume of capital per year successfully invested via the platform and transferred by the platform to projects/companies which have succeeded in attaining their target amount.
III. Cases listed in total No. per year 2013 …
2014 …
2015 …
2016 …
The number of projects (companies) opened on the platform per year.
IV. Cases completed in total No. per year 2013 …
2014 …
2015 …
2016 …
The number of projects (companies) which are successfully financed on the platform per year. Successfully financed means the target amount is reached and the money could be transferred to the project owner/entrepreneur.
V. Equity Platforms ONLY: How do you calculate your IRR and what was it the past years? 2013 …
2014 …
2015 …
2016 …
3. Extended Performance
I. Success Rate Successfully paid back/returns + promised interest on money invested.
II. Total number of investors per year 2013 …
2014 …
2015 …
2016 …
The number of investors who have used the platform for investment per year (can be in successful or unsuccessful projects/companies).
III. Total number of users per year 2013 …
2014 …
2015 …
2016 …
The number of users on the platform, independent on whether they have invested or not per year.
4. Financial Performance – Default Rate  Default rage in % … Money lost of capital successfully invested, where the manager of the CF platform knows (or should know) for that accounting year that pay back of initial investment is not applicable or possible any more.
5. Data Management  
I. Pre-screening (of campaigns before launched on platform) 1. Manual
2. Data driven
3. None
4. Other …
II. Due diligence (investigation of costs, benefits and risks) 1. HR
2. Technology
3. Financial
4. Business
5. None
6. Other …
III. Data aggregation  (third party relations managed by the platform) 1. Open API
2. Manual data collection
3. None
4. Other …
IV. Data Treatment (what kind of information is stored and how) The way data privacy and online security are taken care off.
V. Payments (how payments are made, client money segregation) 1. Third party online payment provider
2. Own online payment solution
3. Escrow account managed by third party
4. Own escrow account
5. Other …
VI. Interactions (how users interact with the platform) The possibilities for users to contact the platform, retrieve help or guidance as well as complain or provide other input as well as actual response times.
VII. Fraud (how eventual frauds will be processed) The processes to identify and manage fraudulent behaviour with regard to project owners, investors, advisors and employees.
VIII. Specific resolution plans (in case of platform failure) The way ongoing service provision is ensured for all users for at least the length of outstanding placed contracts.
IX. Capital adequacy requirements (by law or platform specific) The capital set aside to ensure that the platform does not become insolvent.

 

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