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They ask users to rate products and compare ratings to identify users with similar opinions and recommend to them new products other users with similar opinions liked.
In addition to the 45,000 or so discussion forums now hosted, the site has added Deja Ratings, whereby visitors can rate products and services in more than 400 categories.
Ratings firms are paid by banks to rate products created by banks – an obvious conflict of interest in many cases.
Some setups ask you to actively rate products, as Netflix does.
They calculate that provisions for mis-selling interest rate products to small businesses are also coming down.
All variable rate products that track the Bank of England base rate will be reduced by 0.25% from September".
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These mortgages are adjustable-rate products, and as such are tied to short-term interest rates.
It has also cut many of its fixed-rate products by a similar amount.
Mr. Gerhart, 31, is a salesman of interest-rate products in the Stamford, Conn., office of UBS, the Swiss bank.
Machines may yet cut into the trading of standardised interest-rate products.
Borrowers who are not in a position to take that risk should stick with fixed-rate products.
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