The Financial Xchange is designed for structured settlements and other Periodic Payment streams while creating a more transparent and efficient market for buying and selling these assets. 

The structured cash flow market brings together a seller who for any number of reasons is receiving cash flows at regular or irregular intervals for a term of years or a lifetime, or is expected to receive cash flows for a term or a lifetime, and would rather sell those cash flows in exchange for a lump sum payment at a discount from a buyer. 

For example, in a structured settlement transaction (one of the many types of structured cash flows that will be available for purchase on the auction website), a plaintiff who is injured in an automobile accident, may obtain a court judgment in his/her favor which pays $5,000 per month for 20 years guaranteed. This payment is usually made by a commercial life insurance company. The plaintiff may decide either initially or at some later date, that they have a need for a lump sum of money today, and in exchange, there is a buyer who agrees to pay the lump sum, in exchange for all or a portion of their $5,000 per month

In the case of the described structured settlement, a judge must approve the transaction via court order after which there is an irrevocable assignment of the cash flow to the new assignee in exchange for the lump sum payment that has been contractually agreed upon. Conventionally, these transactions take place and involve 1 to 5 or more middle people. 

Finding the opportunity to purchase the cash flow of a seller is done most often through email listings or website postings where a buyer or financial middle person must look through many transactions, usually from limited sources, who have pre-priced the cash flows based on their limited inventory and limited sales channels. On the other side of the transaction, the seller of the cash flow usually answers any variety of advertisements from various sources such as the Web, paper, radio or TV, who make an offer to buy seller’s cash flow. While the seller can call and shop around for the best purchase price, they may never really know if they have received the market value for their cash flow. This inefficient market on both ends of the transaction causes a lot of potential profits in which the buyer and seller should be the ultimate benefactors of the transaction to lose money to various brokers, attorneys and other financial middleman. Examples of structured cash flows that are currently bought and sold include but are not limited to structured settlements, pre and post law suit settlements, annuities, estate settlements, litigation finance, , life settlements, etc. Current buyers and sellers for these transactions include but are not limited to origination companies,  banks, insurance companies, individuals, hedge funds, family offices, etc.