Marketplace of Claims

A complete redesign of a complex fintech marketplace to transform a fragmented experience into a transparent, efficient and trustworthy platform.

Trade with Confidence

Track and communicate.

Project Overview

The Vision for X-Claim

X-Claim is an online marketplace for buying and selling bankruptcy claims.

The original platform suffered from low transparency, inconsistent UI,

fragmented communication and high friction, reducing trust and transaction

velocity.

New dashboards for Buyers, Sellers & Admins

Communication moved inside the platform

Transparent claim evaluation with historical data

My Role

Lead Product Designer

Timeline

7 months

Tools

My Design Process

A User-Centered Design Framework

I apply a user-centered, iterative process to transform complex problems into intuitive products. For the X-Claim marketplace redesign, this framework guided our 7-month journey from ambiguity to a launch-ready solution that boosted user trust and operational efficiency.

Discovery

1. Define

Align vision, define

problems, success

metrics, and constraints.

Deliverables:

Project Charter

Project Statement

Success Metrics

2. Research

Understand users,

workflows, risks, and

market dynamics.

Deliverables:

Research Insights Report

Benchmarking Matrix

Opportunity Map

Strategy

3. Analysis

Convert research

findings into strategic

clarity and actionable

insights.

Deliverables:

Personas & User Journeys

Pain Point Matrix

Strategic UX Priorities

4. Ideation

Collaboratively explore a

wide range of potential

solutions.

Deliverables:

Concept Sketches

Information Architecture

Prioritized Concepts

Design

5. Design

Transform concepts into

high-quality, scalable

product experiences.

Deliverables:

High-Fidelity Screens

Design System

Interactive Prototypes

Validation

6. Testing

Validate usability, clarity,

and value with real

users.

Deliverables:

Usability Test Report

Validated Prototype

Recommendations

Delivery

7. Specifications

Enable accurate, predictable

implementation by the

development team.

Deliverables:

Annotated Screens

Interaction Specs

Handoff Package

8. Iteration &

Launch

Optimize the experience

and support a successful

product release.

Deliverables:

Optimized UI

Bug Reports & Fixes

Launch Assets

Phase 01

Discovery Phase

Establishing a shared understanding of the problem to ensure alignment between

business goals, user needs, and product constraints.

Step 1

Define: The Foundation of Success

Although my role was UX/UI Designer, the project required a product-driven approach, where problem framing, scope definition, and strategic alignment were essential before design execution.

Client Problem (Initial Input)

X-Claim needed to improve the efficiency

and trust of their bankruptcy claims

marketplace. Buyers and sellers faced

friction in bidding, communication, and

transactions, limiting platform growth and

user autonomy.

1

2

From Client to Design Problem

We reframed business challenges into a

design problem focused on user behavior,

decision-making, and system trust.

Design Problem Statement:

How might we enable users to evaluate,

communicate, and transact claims efficiently

and transparently, while reducing

dependency on manual intervention?

Project Objectives (Initial

Hypotheses)

Increase transparency in claim

evaluation.

Improve buyer and seller autonomy.

Reduce friction from manual processes.

Enable scalability without increasing

operational load.

3

Analytics & Platform Audit: The "What" and "Where"

Data revealed strong user intent to trade, yet many transactions were abandoned or managed off-platform using emails and spreadsheets.

Heuristic Evaluation: The Usability Breakdown

A usability review exposed key issues: inconsistent controls, lack of system feedback, and high cognitive load caused by fragmented information architecture.

User Interviews: Uncovering the “Why”

I conducted 12 moderated interviews (6 buyers, 6 sellers) to understand user psychology, workflows, and unmet needs in this high-stakes financial context.

Step 2

Research: Validating the problem space

The initial hypothesis was clear: the platform’s experience was fragmented. To move from assumption to evidence, I led a 7-week research phase combining quantitative analysis, heuristic evaluation, and direct user engagement to uncover the “why” behind the friction.

Phase 02

Strategy Phase

Establishing a shared understanding of the problem to ensure alignment between

business goals, user needs, and product constraints.

Step 1

Synthesizing Research into Human Faces

Research revealed two distinct archetypes of users with opposing needs in the same marketplace: the Creditor needing liquidity and the Investor seeking value. Creating these personas allowed us to move from abstract data to empathetic, human-centered design targets, ensuring every feature solved a real problem for a real person.

Alyssa

Former FinTech Employee

About Me

I'm navigating a tough financial situation after my crypto employer's collapse. I'm not an investor, just someone who needs to turn a complex legal claim into cash quickly and safely.

 

Needs

1

A straightforward way to list my claim without confusing legal terms or complex forms.

2

Confidence that the buyers are verified and the transaction is secure from start to finish.

3

A central dashboard to see all my listings, track offers, and understand my claim's status at a glance.

What likes the most

1

I appreciated the personal support and guidance from the team when I felt lost.

2

Knowing my claim was exposed to a large pool of serious investors gave me hope for a good offer.

3

The idea of having all claim information in one organized place seemed very promising and modern.

Frustrations

1

After submitting my claim on the old site, I was sent to the homepage with no way to log back in or see what happened next.

2

I'm anxious about fraud and dealing with unknown, unverified buyers in a high-stakes process.

3

It feels like the real action happens behind the scenes in emails, where I have no control or record.

Edward

Hedge Fund Founder

About Me

I run a fund focused on distressed assets. My edge is spotting undervalued claims in complex bankruptcies faster and more accurately than my competition.

 

Needs

1

Instant access to all bankruptcy documents, seller history, and detailed asset breakdowns for risk assessment.

2

Advanced filters, saved searches, and bulk bidding to manage and act on hundreds of opportunities efficiently.

3

Historical price data and market activity insights to benchmark my bids and understand valuation trends.

What likes the most

1

The primary reason I use X-Claim is the sheer volume and variety of claims available on the platform.

2

The ability to review a claim and place a bid quickly is a core strength of the current system.

3

Having a centralized, structured feed of claim information saves me time compared to other sources.

Frustrations

1

Too many claims on the old platform lacked critical documentation, forcing me to do external research and guesswork.

2

No central dashboard to track all my bids, and no way to bid on multiple claims at once—a huge waste of time.

3

No visibility into market activity or competing interest, making it hard to gauge why bids succeeded or failed.

Step 2

How Might We

This framework transforms key user frustrations into actionable design opportunities. Through these questions, we guided our brainstorming and solution ideation for the X-Claim redesign.

Phase 03

Design Phase

Translating insights into high-quality design solutions that balance user needs, business goals, and technical feasibility, iterating through prototypes and visual design to create a cohesive, scalable, and intuitive product experience.

Claim view Before

Claim view After

Contact me to create something cool!

You can send me a message to any of my social networks

+51 906410697

erikakishishita@gmail.com

Marketplace of Claims

A complete redesign of a complex fintech marketplace to transform a fragmented experience into a transparent, efficient and trustworthy platform.

Turn Claims into Capital

List and sell effortlessly.

Trade with Confidence

Track and communicate.

Find Your Next Investment

Discover and analyze opportunities.

Manage Everything

Track portfolio and close deals.

Project Overview

The Vision for X-Claim

X-Claim is an online marketplace for buying and selling bankruptcy claims.

The original platform suffered from low transparency, inconsistent UI,

fragmented communication and high friction, reducing trust and transaction

velocity.

New dashboards for Buyers, Sellers & Admins

Communication moved inside the platform

Transparent claim evaluation with historical data

My Role

Lead Product Designer

Timeline

7 months

Tools

My Design Process

A User-Centered Design Framework

I apply a user-centered, iterative process to transform complex problems into intuitive products. For the X-Claim marketplace redesign, this framework guided our 7-month journey from ambiguity to a launch-ready solution that boosted user trust and operational efficiency.

Discovery

1. Define

Align vision, define

problems, success

metrics, and constraints.

Deliverables:

Project Charter

Project Statement

Success Metrics

2. Research

Understand users,

workflows, risks, and

market dynamics.

Deliverables:

Research Insights Report

Benchmarking Matrix

Opportunity Map

Strategy

3. Analysis

Convert research

findings into strategic

clarity and actionable

insights.

Deliverables:

Personas & User Journeys

Pain Point Matrix

Strategic UX Priorities

4. Ideation

Collaboratively explore a

wide range of potential

solutions.

Deliverables:

Concept Sketches

Information Architecture

Prioritized Concepts

Design

5. Design

Transform concepts into

high-quality, scalable

product experiences.

Deliverables:

High-Fidelity Screens

Design System

Interactive Prototypes

Validation

6. Testing

Validate usability, clarity,

and value with real

users.

Deliverables:

Usability Test Report

Validated Prototype

Recommendations

Delivery

7. Specifications

Enable accurate, predictable

implementation by the

development team.

Deliverables:

Annotated Screens

Interaction Specs

Handoff Package

8. Iteration &

Launch

Optimize the experience

and support a successful

product release.

Deliverables:

Optimized UI

Bug Reports & Fixes

Launch Assets

Phase 01

Discovery Phase

Establishing a shared understanding of the problem to ensure alignment between

business goals, user needs, and product constraints.

Step 1

Define: The Foundation of Success

Although my role was UX/UI Designer, the project required a product-driven approach, where problem framing, scope definition, and strategic alignment were

essential before design execution.

Client Problem (Initial Input)

X-Claim needed to improve the efficiency

and trust of their bankruptcy claims

marketplace. Buyers and sellers faced

friction in bidding, communication, and

transactions, limiting platform growth and

user autonomy.

1

2

From Client to Design Problem

We reframed business challenges into a

design problem focused on user behavior,

decision-making, and system trust.

Design Problem Statement:

How might we enable users to evaluate,

communicate, and transact claims efficiently

and transparently, while reducing

dependency on manual intervention?

Project Objectives (Initial

Hypotheses)

Increase transparency in claim

evaluation.

Improve buyer and seller autonomy.

Reduce friction from manual processes.

Enable scalability without increasing

operational load.

3

Step 2

Research: Validating the problem space

The initial hypothesis was clear: the platform’s experience was fragmented. To move from assumption to evidence, I led a 7-week research phase combining quantitative analysis, heuristic evaluation, and direct user engagement to uncover the “why” behind the friction.

Analytics & Platform Audit: The "What" and "Where"

Data revealed strong user intent to trade, yet many transactions were abandoned or managed off-platform using emails and spreadsheets.

Heuristic Evaluation: The Usability Breakdown

A usability review exposed key issues: inconsistent controls, lack of system feedback, and high cognitive load caused by fragmented information architecture.

User Interviews: Uncovering the “Why”

I conducted 12 moderated interviews (6 buyers, 6 sellers) to understand user psychology, workflows, and unmet needs in this high-stakes financial context.

Phase 02

Strategy Phase

Establishing a shared understanding of the problem to ensure alignment between

business goals, user needs, and product constraints.

Step 1

Synthesizing Research into Human Faces

Research revealed two distinct archetypes of users with opposing needs in the same marketplace: the Creditor needing liquidity and the Investor seeking value. Creating these personas allowed us to move from abstract data to empathetic, human-centered design targets, ensuring every feature solved a real problem for a real person.

Alyssa

Former FinTech Employee

About Me

I'm navigating a tough financial situation after my crypto employer's collapse. I'm not an investor, just someone who needs to turn a complex legal claim into cash quickly and safely.

 

Needs

1

A straightforward way to list my claim without confusing legal terms or complex forms.

2

Confidence that the buyers are verified and the transaction is secure from start to finish.

3

A central dashboard to see all my listings, track offers, and understand my claim's status at a glance.

What likes the most

1

I appreciated the personal support and guidance from the team when I felt lost.

2

Knowing my claim was exposed to a large pool of serious investors gave me hope for a good offer.

3

The idea of having all claim information in one organized place seemed very promising and modern.

Frustrations

1

After submitting my claim on the old site, I was sent to the homepage with no way to log back in or see what happened next.

2

I'm anxious about fraud and dealing with unknown, unverified buyers in a high-stakes process.

3

It feels like the real action happens behind the scenes in emails, where I have no control or record.

#Simplicity

#Finance

#Legal

#Security

Edward

Hedge Fund Founder

About Me

I run a fund focused on distressed assets. My edge is spotting undervalued claims in complex bankruptcies faster and more accurately than my competition.

 

Needs

1

Instant access to all bankruptcy documents, seller history, and detailed asset breakdowns for risk assessment.

2

Advanced filters, saved searches, and bulk bidding to manage and act on hundreds of opportunities efficiently.

3

Historical price data and market activity insights to benchmark my bids and understand valuation trends.

What likes the most

1

The primary reason I use X-Claim is the sheer volume and variety of claims available on the platform.

2

The ability to review a claim and place a bid quickly is a core strength of the current system.

3

Having a centralized, structured feed of claim information saves me time compared to other sources.

Frustrations

1

Too many claims on the old platform lacked critical documentation, forcing me to do external research and guesswork.

2

No central dashboard to track all my bids, and no way to bid on multiple claims at once—a huge waste of time.

3

No visibility into market activity or competing interest, making it hard to gauge why bids succeeded or failed.

#Data

#Efficiency

#Analysis

#Deals

Step 2

How Might We

This framework transforms key user frustrations into actionable design opportunities. Through these questions, we guided our brainstorming and solution ideation for the X-Claim redesign.

Phase 03

Design Phase

Translating insights into high-quality design solutions that balance user needs, business goals, and technical feasibility, iterating through prototypes and visual design to create a cohesive, scalable, and intuitive product experience.

Claim view Before

Claim view After

Contact me to create something cool!

You can send me a message to any of my social networks

+51 906410697

erikakishishita@gmail.com