Ki provides capabilities to allow business users to quickly analyze loan, aggregate and deal data and analyze performance of both their structured finance collateral and funding vehicles.
Users are able to perform real-time analysis of both current period and historical data and dynamically create new fields/measurements to aid in their review. Data is available in both graphical and tabular formats.

Ki’s flexible schema allows organizations to use it for many different types of assets including, but not limited to loans, leases and revolving collateral. In addition, Ki supports the unique requirements associated with concepts like “child” loans where multiple loans must be grouped to a “parent” record for purposes of scenario analysis and data viewing.

Automating structured finance reporting is a key value proposition of the product. Tools within Ki make it easy for business users to create all of the daily, weekly and monthly reporting introduced by structured finance issuance. A key benefit is that reports can be created and automated without having to learn third party report writing tools.

Ki contains a highly flexible calculation engine with a user-friendly interface. This interface makes it easy for business users to generate any number of structured finance calculations at the asset, summary or deal level.
Often times, users will utilize data calculated in the ABS Suite or ABS System and perform ad-hoc, real-time calculations. However, Ki can also be used independently to calculate even the most complex of structured finance related calculations. Some examples include seasoning, delinquency buckets, scheduled balances and more.

A core tenet of Ki is to allow for traceability of data back to its most granular form. As a result, when a specific view of information is created, users are able to drill into the underlying source data. For example, if a stratification bucket is established, drilling into the loans in the given bucket can be accomplished with a single mouse click. Furthermore, when used in conjunction with ABS Suite or ABS System, users are able to analyze the underlying components of all reported values from the investor reports.

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 calculations, manual inputs, the deal model and the report template. The collateral calculations can be set up directly in Ki or, in the event they have been performed in ABS Suite or ABS System, imported into the platform at the individual account or aggregate level. Once collateral calculations are performed and applicable manual inputs are made, the system will calculate the due amounts and the deal model is used to calculate the distributions as set forth in the waterfall logic. From there Ki will generate the report output in the format established in the report template.

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. This same capability exists when used in conjunction with ABS Suite or ABS System.