Francesco Uggenti, Head of Business Development of Prelios Innovation, will be a speaker at the Event organised by CREDIT VILLAGE "TOWARDS THE SINGLE EUROPEAN NPE MARKET: OPPORTUNITIES AND INSIDES" which will be held on 30 March from 9:00 a.m. to 3:00 p.m. at Borsa Italiana, Palazzo Mezzanotte, Milan.
In an international context undermined by constant tensions and uncertainties, the issue of impaired loans is increasingly a priority for the European Union. Reducing the stock of non-performing loan portfolios and at the same time preventing new accumulations are two objectives that will have a decisive impact in terms of economic growth and financial stability.
The creation of a single, harmonised European market for the purchase and management of NPLs would, in the intentions of the EU authorities, allow the creation of an integrated, cross-border financial system. A system capable of increasing the resilience of the entire Union in the event of new negative shocks, thus alleviating the need for public risk-sharing by distributing it among a greater number of private actors.
The EU has thus given an acceleration to the action plan mainly through the publication of 3 specific interventions, which aim to create greater competitiveness and transparency in portfolio divestment operations.
Francesco Uggenti will speak at the Round Table "Technological Innovation and Digital Platforms: Drivers of Competitiveness and Connecting Markets" at 11.20 am.
A significant innovation process is generating increasingly important impacts in the business models of the virtuous NPE-Real Estate ecosystem. New projects with high technological content and digital solutions will be the protagonists of this round table in which the various stakeholders will discuss the current challenges and potential related to the use of Big Data and Ai and how far their applications in the credit management and real estate sector can really represent an accelerator capable of fostering the connection between different sectors, improving qualitative and quantitative performance and expanding market access also from an international perspective.
For further information please consult the programme: LINK
