Futureproof is currently partnering in its initial markets of United Kingdom and Australia ahead of market launch in 2020, to be followed by other key markets in USA, Europe and Asia.
Initial partners who also hold reserved D Class non-voting shares of Futureproof, may enjoy preferential terms including first-to-market advantage secured by a period of license exclusivity.
Financial Institutions are generally market-specific, however key global partnerships are being separately entered into for the provision of technology, reinsurance, wholesale mortgage funding, mortgage warehousing and securitization services.
Futureproof is not a retailer of mortgages or financial products.
Being proprietary intellectual property, the Equity Preservation Mortgage™ and our 1st Generation Futureproof products are made available under license only to regulated financial institutions:
- retail banks
- neo-banks & digital challengers
- life insurers
- credit unions
- friendly societies
- wealth managers
Partner financial institutions are licensed to write an unlimited number of Equity Preservation Mortgages™ on their balance sheet and brand Futureproof financial products.
The supporting Mortgage Insurance program is managed by Futureproof’s related entity.
Mortgage insurance cover may only be offered through this program.
Mortgage insurance risk may only be underwritten by our accredited partners being:
- mortgage insurers
Licensed partners can take Equity Preservation Mortgages™ off-balance sheet through Futureproof’s related entity which manages a supporting RMBS program, using:
- mortgage warehousing
- securitization SPV
- securitized token offerings (STO’s)
The wholesale mortgage funding program is managed by our accredited partners, being
- local investment banks
- single global investment bank
The Product Platform through which the Futureproof products are sold and written is managed and supported by Futureproof’s global technology partners & services partners, for:
- cloud hosting (Tier 1)
- software development & support
- platform implementation services
Enterprise application providers
Futureproof’s Product Platform is provided as SaaS and links to preferred 3rd party enterprise platforms via API’s, including:
- core banking platforms
- core insurance platforms
- wealth management platforms
- mortgage processing platforms