After initially attempting to build an in-house system, client decided to seek a platform with the flexibility to handle its complex collateral servicing and reporting requirements; and one that was capable of handling significant volume.
Support for significant collateral volume
Parallel processing improved speeds by more than 50%
Automated all the daily processes including data import, pool selection, and collateral servicing
Keeps client apprised on the status of the daily processes
Enabled faster reconciliation and validation
Automation of configurable data checks
Improved and automated data normalization and data replication saving time and reducing errors
Enhanced overall governance and controls
Operational infrastructure with audit logs, approvals and controls now satisfies stringent compliance requirements
ABS Suite Plus is the industry leading solution for end to end structured finance administration, accounting, funding optimization and analytics. The Administration Module tackles control, automation and secure operational processes while Capital Markets Module is built for optimized funding decisions, analytics and ad-hoc analyses.
Learn all the details about our comprehensive capabilities here.