By Stuart Wall, Co-Founder & CEO, Setpoint
Where Capital Works Together
Asset-backed finance has outgrown the systems built to support it. The market is larger, more syndicated, and more data-intensive than ever, yet much of it still relies on old infrastructure, including spreadsheets, emails, and FTP folders.
Today, over 230 issuers, borrowers, and capital providers use Setpoint across more than 15 asset classes, with $550 billion in notional asset value on our platform. That scale has given us a clear view into what works, where current systems fall short, and what needs to change.
Asset-backed finance needs a new operating standard that moves the industry from trust to truth. Our new brand identity more clearly reflects what Setpoint has been building toward:an ecosystem where capital providers and borrowers work from the same verified information, where capital works together.
Asset-backed finance needs a new operating standard
Borrowers and capital providers often work from separate reports, data formats, and calculations, leaving both sides to reconcile discrepancies.
Setpoint brings both sides into one system. They work from the same normalized, independently verified asset data and compliance calculations. They use that system to request funding, resolve discrepancies, run waterfalls and approve transactions, while continuous monitoring keeps both sides informed.
Borrowers can fund faster, reduce reporting work, and access capital with greater certainty and flexibility at lower cost. Capital providers gain the visibility to manage portfolios, make origination decisions, and identify risks before they become losses.
AI makes the new standard possible
AI can automate much of the manual work in asset-backed finance. But the industry requires zero-defect, auditable outputs, which probabilistic models alone cannot provide.
Setpoint is AI-native. We combine AI, deterministic software, and always-in-the-loop experts. AI reviews documents, standardizes data, reconciles borrower and lender calculations, and extracts logic from financing agreements to codify in software.
Our experts validate interpretations, resolve exceptions, and provide hands-on service. Deterministic software executes the approved logic, producing calculations that are always correct, always auditable and always exportable into Excel.
Clients can converse with Setpoint’s agent to produce investor-ready reporting, analyze asset and portfolio performance, and receive system-generated insights before teams ask.
A shared standard strengthens the market
Borrowers and capital providers need one system for all their counterparties. Setpoint is building that standard. We believe upgrading asset-backed finance infrastructure will create a more liquid market with lower costs, more capital availability, and fewer losses.
Our mission has always been building trust in our system of credit. The new Setpoint brand reflects how we’re delivering on that mission: Where Capital Works Together.