WorldWide Debt Exchange (WDX) is the only company providing a complete end to end software solution for the sales and management of performing, non-performing and charged-off receivables. WDXs patent-pending process automates the entire sales process allowing buyers and sellers to not only more actively and effectively trade receivables, but to do so while streamlining information and business process flow, better managing and tracking transactions and gaining control over post sales activities.
WDX technology provides an open and standardized architecture to help formalize communications between buyers, sellers and 3rd party service providers. Built by the same technical team that built Fidelity Investment’s and Ameritrade’s client-server stock market trading software, this is the only venture that is based on client-server technology providing a robust set of tools not currently available from a HTML solution. Additional security measures have been incorporated that go beyond the pitfalls of an Internet-only offering.

WDX services several different debt pool types of performing, non-performing and charged-off receivables to include: credit and private label cards, auto deficiencies, students loans, judgments, mortgages, asset backed and installment loans, etc.

Sellers can easily and securely upload sale portfolios for review in a private or public sales mode. Sellers receive secure messages regarding selling activities and have complete control over the sales process.

Buyers have access to powerful due diligence tools that allow them to quickly and easily review numerous portfolios, place bids and download accounts on a state-by-state or regional basis. Buyers have access to money management bidding safeguards that eliminate the chance of over extending capital reserves, thus allowing buyers to bid on multiple portfolios improving their likelihood of a successful purchase.