NEW YORK, NY--(Marketwired - Nov 18, 2015) - Orchard Platform, the leading technology and data provider for marketplace lending, announced today that it will distribute the Orchard U.S. Consumer Marketplace Lending Index (the "Index") on the Bloomberg Professional service. Bloomberg subscribers will be able to access the Index and download its data and content areas at {ECST S <GO>} and as part of Bloomberg Intelligence research.

The Orchard Index seeks to measure the overall performance of U.S. consumer marketplace loans and provide investors with a useful and widely accepted benchmark to evaluate the relative performance of these loans.

Orchard will provide Bloomberg subscribers with access to a benchmark to measure and calculate investment performance and key indicators such as charge-off and industry growth rates.

The Index is currently based on combined data from the two largest U.S. consumer marketplace lending platforms. As other origination platforms meet the Index's criteria for inclusion they will be added into the Index. Orchard anticipates adding several origination platforms to the Index over the next twelve months. A complete description of the Index methodology and criteria for inclusion can be found at www.orchardindexes.com.

"Every asset class needs a benchmark, and we've created the first one for the marketplace lending industry," said Matt Burton, CEO of Orchard Platform. "Much of marketplace lending's success to date is due to the loan level transparency on each and every loan an investor is able to select. The Index takes that transparency to a new level by aggregating terabytes of information into a usable and easy-to-understand benchmark."

About Orchard
Orchard Platform is a technology and data provider for marketplace lending. Orchard supports operational efficiencies to help institutional investors, investment managers and loan originators connect and transact. Founded in New York City in 2013, Orchard's mission is to build the systems that will allow marketplace lending to efficiently grow into a global financial market. Orchard enables institutional investors and investment managers to allocate capital to marketplace lending, with best practices, manager identification, portfolio benchmarking and strategic access to supply. Orchard helps originators across multiple asset classes diversify their capital structure with marketplace lending distribution, and provides market insights, scalable infrastructure and reporting to enable originators to focus on making loans and giving borrowers more choices. Orchard has been named to Forbes Next Billion Dollar Startups list and is recognized for its technical and analytical thought leadership as explored on its blog.

About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength -- delivering data, news and analytics through innovative technology, quickly and accurately -- is at the core of the Bloomberg Professional service, which provides real time financial information to more than 325,000 subscribers globally. For more information, visit www.bloomberg.com or request a demo.

The Bloomberg Professional service is owned and distributed by Bloomberg Finance L.P. and its affiliates.