The compliant data backbone for the NPL secondary market.
Ingest, structure and validate non-performing loan packages against EBA ITS 2023/2083 — every field checked against a formal ontology and an auditable SHACL ruleset. Built for originators, servicers and credit buyers.
Originators, servicers and buyers: standardize messy NPL data, prove EBA compliance, and trade with confidence.
See the platform →Run due diligence on verifiable, EBA-validated portfolio data before you commit.
Learn more →Not a new idea — Europe already prescribed it.
In 2017 the ECB diagnosed the euro-area NPL secondary market as failing — opaque, fragmented, illiquid — and prescribed transaction platforms whose first, essential layer is harmonised data and independent validation. The EU Council tasked the EBA with the data standard, now the EBA ITS (EU) 2023/2083. NPLEX builds exactly that layer.
“Harmonised data templates for loan tapes are an essential element of the platform. … Independent validation of the reported NPL data would be a key function.”
— ECB Financial Stability Review, November 2017
The stock has fallen from €1.3tn (2017) to €373bn (2025) — but the failures the ECB diagnosed are structural: heterogeneous data, opacity, and a handful of buyers. With ~€110bn of new NPLs each half-year, a trusted data layer is a permanent need, not a cyclical one.
The cost of the missing layer is measured, not theoretical.
A bad-loan overhang doesn't just sit on a balance sheet — it throttles new credit to the real economy. The bottleneck is the data: heterogeneous and unverifiable, it keeps the secondary market fragmented and priced at a discount, so banks carry impaired books for longer.
Banks themselves report that NPL ratios tighten their credit standards — in the ECB Bank Lending Survey, now asked every quarter.
ECB Bank Lending Survey — ad-hoc question, quarterly since 2025One end-to-end pipeline, from raw package to transaction-ready portfolio.
The data and compliance infrastructure, in three products.
AI Ingestion
Turn unstructured NPL packages into compliant portfolios. Upload .zip/.xlsx/.json/.txt, run AI extraction and EBA field mapping, then review and approve.
Compliance Check
Score every portfolio against EBA ITS Annex I, template by template and position by position. Export auditable reports.
Portfolio Navigator
Manage portfolios, loans, counterparties, collateral and enforcement with canonical EBA data and live compliance.
Your data never leaves you.
NPLEX runs on your own infrastructure. Your NPL data is validated in place — we never see it, store it, or transmit it. You hold the data; we provide the software.
Runs on-premise
Install NPLEX inside your own systems. Portfolio and borrower data stay entirely within your environment — consistent with GDPR and bank-secrecy obligations.
Formal validation gate
Before a snapshot can be finalised, the ontology and SHACL ruleset verify the data against EBA ITS 2023/2083 — every issue traced to its field code.
Portable, encrypted snapshot
A validated snapshot is sealed into an encrypted .nplex file that you exchange directly and privately with your counterparty. No intermediary sees the contents.
Built on the EU regulatory corpus.
EBA NPL templates · Reg (EU) 2023/2083
The ontology and SHACL ruleset are built field by field from the EBA NPL data templates — Commission Implementing Regulation (EU) 2023/2083, implementing Article 16(1) of Directive (EU) 2021/2167. This is the single standard we validate against; where a cross-referenced framework diverges, the EBA NPL rule wins.
Directive (EU) 2021/2167
Credit Servicers & NPL Secondary Markets Directive — its Article 16(1) mandates the EBA data templates.
AnaCredit · ECB
ECB credit dataset (Reporting Manual, Part II) — counterparty and instrument attribute definitions.
ESMA RTS · 2020/1224
Securitisation disclosure RTS (NPEL templates) — e.g. the percentage-point value convention.
FINREP · 2021/451
Supervisory-reporting ITS — counterparty sector classification (Annex V).
IAS/IFRS · 2023/1803
EU-adopted accounting standards (IAS 1/7/16/32, IFRS 16) — the counterparty financials block.
CRR · 575/2013
Capital Requirements Regulation — prudential definitions (e.g. annual turnover, Art. 153(4)).
A formal model of the EBA standard — not a spreadsheet.
NPLEX is built on an OWL ontology and a SHACL ruleset that encode the EBA NPL data templates field by field. Validation is declarative and deterministic: every check is traceable to its EBA field code, and every report is stamped with a versioned ruleset.
See your NPL portfolios become compliant and transaction-ready.
Try the live validation demo, or request a walkthrough with your own data templates.