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Automate complex processes in your securitization transactions
Automate complex processes in your securitization transactions
Companies have begun to rediscover securitization as an additional or alternative channel for financing their business. Asset-Based Financing helps companies to diversify or even establish a completely new refinancing source. At the same time, institutions such as the ESMA or the ECB continue to promote asset securitization as a necessary and important instrument to sustainably turn on the engine of economic growth within Europe.
For banks, offering securitization products is not only a good opportunity to access a new revenue channel, it also strengthens the bank-customer relationship because they are able to offer custom-made solutions.
On the other hand, efforts and requirements for setting up securitization transactions are significant. In addition to complex legal-, structuring- and data-requirements, setting up an automated administration and reporting process often represents a major challenge for the parties involved. It is not unusual that in ABS and ABCP transactions 100,000 assets or more must be monitored and settled on a monthly, weekly or sometimes even on a daily basis. Hence, asset securitization challenges the arranger and administrator of the transaction by emplacing extensive duties on them. Especially, since some tasks – including asset selection and reserve calculation – depend on transaction-specific parameters, which results in the need to administrate each transaction individually.
In order to tackle these challenges, many banks rely on our Securitization as a Service (SecaaS) solution for their securitization transactions. The users (originators, banks, SPVs) no longer have to deal with the implementation of complex eligibility criteria or reporting requirements. Our solutions act as a reporting and calculation agent within the structured finance market, offering a holistic solution for the administration, settlement, and reporting of asset-backed securities transactions.
Our solution suite was developed to facilitate and automate the administration and reporting of asset-backed securities transactions to a high degree. The software solution suite is a web-based securitization portal that supports the processing of interest and non-interest-bearing assets such as trade receivables, credit cards or loans and leasing receivables.
Depending on your preferences, the solution can be operated in different (outsourcing) scenarios and services. BearingPoint offers to host the Securitization Platform as Software as a Service or in an Operations as a Service scenario. This setup provides additional advantages:
In addition to our proven solutions, BearingPoint offers consulting services for originators, arrangers, and investors:
Ready to boost your securitization transaction? Contact our experts to learn how.