Simplify the complexity of your Asset-Based Funding
Securitization is a powerful funding instrument in many ways – when done right, it saves time and money for the company using it. The complexity of this funding strategy should not be underestimated and the necessities for internal resources and knowhow (for example in IT, FI , or treasury) may collide with other equally important topics within a firm.
This is the reason why BearingPoint has been consistently developing its securitization services: driven by real challenges and requirements of its clients; tackled and solved in numerous transactions. So why not delegate parts of the process to a partner and service provider who understands how to achieve exceptional results? The advantages of embarking on securitization as a service are substantial.
We think 4 aspects are particularly worth being mentioned:
As the business of our customers differs significantly, BearingPoint has established different operating models. Each alternative secures the implementation and maintenance of the securitization services in an automated, digitized, secure, efficient and scalable manner:
This is a very lean way to setup and run a securitization transaction. In this model the company does provide the raw data describing the assets to BearingPoint via a secure transfer point.
BearingPoint will then process the data and produce the agreed deliverables (such as reportings, offer letters, stratifications, etc.) on its own systems hosted in secure and certified data centers in Germany and the EU.
Once this process step has been concluded, BearingPoint will retransfer the outcome or information to the client for integration in the respective system and for release to the relevant parties.
Efficient, automated and lean – this might be particularly interesting for a first time securitization user.
Probably you have already used securitization before and have one or even more transactions live. So you are a pro, running your transactions on your own terms. Now you are looking for an application automating and digitizing your processes.
BearingPoint‘s SaaS solution offers you an established and proven IT infrastructure to manage your transactions. As BearingPoint is using this technology itself under the Operations as a Service scenario, its automation, digitization, scalability and data security are our daily business.
As user you will benefit from this through a unique user experience enabling you to fulfill your obligations on time, efficiently and securely.
Irrespective of your individual approach and operating model, you can always rely on the following services and solutions by BearingPoint.
To help you navigate through the different stages of a securitization transaction, our solution and service portfolio has been designed around core functionalities.
On this basis, our offering comprises further aspects from SAP Adaptors via regulatory reporting and securitization consulting to project management and PMO to enable and facilitate a lean and efficient onboarding and particularly a smooth revolving process after go live.
As a third layer we provide the infrastructure to engage with our clients in a collaborative spirit. The BearingPoint collaboration platform does not only deliver a secure container for the respective data but also offers secure transfer points and automated integration and communication with the SPV or other third parties.
Asset Based Funding is important for BearingPoint. Over 20 years of committment to this market, countless successfull executed and serviced transactions as well as longlasting relationships with our clients are the result of our passionate work.
The depth as well as versatility of our securitization services practice have only one goal: making your asset based funding strategy a success. Hence, our mission is only done when your transaction is live, all processes are there and the systems are smoothly running.
Profit from track record, knowledge and insights and the alignment on your strategic goals and starting point
We believe in strong partnerships with our clients and offer comprehensive understanding of your business and customized solutions
Profit from our leading European consulting, worldwide network of financial institutions and strategic partners and access to a broader capital pool
The many possibilities securitization offers from a structural perspective, lead to a certain degree of complexity of this asset based funding technique. The dynamics of its respective markets do contribute their part to its specific challenges. Amongst others regulation, investor preferences as well as new technologies add up to constant change in this ecosystem. A successfull strategy to navigate through such conditions should be built on the ability to adapt swiftly to altering circumstances. Consequently, it is not a single capability that will prevail, rather it is the adaptability of the system that does the trick. BearingPoint‘s strategy is built on our core differentiators which offer our clients a solution system made for tomorrow‘s possibilities:
Our services and solutions are capable of processing all common asset classes (like leases, loans and trade receivables). The structure to securitize them may vary from ABS, ABCP to collateralized loans or from true sale to Significant Risk Transfer (SRT).
From how to receive which data from our clients, processing the data, producing the requested output and reporting to retransferring the relevant data to the client the focus is on the entire process.
We love digitization where it adds value. Consequently the question, which process steps should and could be digitzed is critical. Approval processes or release and distribution of results are just some of the interesting use cases.
It is not unusual that within a longterm securitization strategy the opering model changes. The start would typically be an ABCP transaction with Operations as a Service. At a certain point, the ABCP deal could be transferred into a warehouse for ABS-transactions via term take-outs – still with Operations as a Service. As the number of transactions increases, it might become appropriate for a frequent issuer to run the transactions in a application provided format. The same rationale might be applicable where the client intends to run a mastertrust structure. Either way, BearingPoint‘s Securitization as a Service solution will enable you to achieve the desired results.
Building a lonterm reliable and performing partnership by delivering exceptional solutions and services to our clients has always been the underlying philosophy of our committment to this market over the last 20 years + and will continue to be so. The facts and figures below illustrate this and are our obligation to continue helping our clients to shape their future success.
