Yes. Ki is built to allow business users to quickly and easily establish eligibility criteria and compliance rules without programming. These rules can also be cloned and used in the establishment of future deals.

New securitizations often consist of loans that are both unencumbered and pledged to warehouse lines. When doing a deal of this kind, Ki automates the process of ensuring that existing warehouses from which assets are being removed remain in compliance while building a compliant term securitization pool. In addition, users have the ability to define the order of priority for the source of assets. Overall, this functionality is a major benefit of Ki since all of the optimization across the various source pools and target securitization occurs automatically as opposed to requiring users to iterate through multiple combinations manually.

When running a funding scenario in Ki, users have the ability to "lock" assets even prior to them being sold. By using this feature, locked assets will not be available to other users who may try to include them in another funding scenario or pool. Furthermore, once a pool is locked, users are able to dynamically increase or decrease the size of the pool in the future while ensuring that the original assets are preserved.

Ki is built with a highly modern user-interface that provides significant flexibility while also leveraging a paradigm that simplifies the overall modeling process. While users certainly need to understand the complexities of structured finance deal modeling, Ki aims to provide a paradigm that does not require end users to learn a complicated scripting language. Individuals with experience modeling structured finance transactions will be in a position to quickly learn how to use the Ki modeling tools.

There are four major components in Ki that drive investor reporting – collateral servicing calculations, manual inputs, the deal model and the report template. The philosophy behind Ki is to allow for full business process automation whereby once collateral servicing calculations, manual inputs, the deal model and the report template are set up, data can flow from the source systems into Ki and fully automate all the requisite calculations – both on the collateral and deal structure side. From there Ki will generate the report output in the format established in the template. In certain cases, manual inputs for elements such as interest earned on a collection account are also required and entering this type of information can be incorporated into the workflow.

Ki’s powerful data analysis features allow users to not only drill into the details behind calculated values on the investor reports but also understand the inputs into calculated fields. Users can establish onscreen views which represent different aspects of the report and ultimately drill into the underlying detail.

No. While the fundamental philosophy behind reporting in Ki is to allow users to view data onscreen, customized reporting in the format required by Investors and deal counterparties can be fully automated. This includes font type, logos, pagination, field names and more.