Over the years, ABS Suite has been implemented to support a wide variety of asset classes including but not limited to auto loan/leases, fleet loans/leases, dealer floorplan, credit cards, personal loans, mortgages, home equity lines of credit, equipment loans/leases, mobile device payment plans, student loans and more. ABS Suite is flexible by design, and therefore, as new asset classes and product types within asset classes come to market, it has the inherent flexibility to service even the most unique collateral types.
ABS Suite has supported the selection and top-off process associated with many different types of deals with varying degrees of complexity. Inherent in ABS Suite is the ability to use both simple commands along with complex logic to support these types of requirements.
Within the Investor Reporting module, there exists a transaction structuring tool. This tool, which has been used to model even the most complex deals, allows business users to define the deal structure without programming knowledge or Moody's assistance. This visual approach to deal modeling incorporates user-friendly functionality to enable defining the components of a deal and the applicable priority of payments.
In ABS Suite users are able to enter the assumptions they are using for valuation purposes. These assumptions, along with user defined discount rates, will generate the applicable collateral and bond cash flows and help you to determine the value of the retained interest.
Yes. The servicing workflow can be configured to include accounting related items such as producing trial balance, making manual adjustments to automated entries and more.
