The Manager Module provides users with detailed information on the status of each compliance test including drill through details to aid in the reconciliation process
Users are able to propose hypothetical trades in real-time and instantaneously view the potential impact across the entire portfolio
Pre-canned and ad-hoc reporting within and across deals are available to understand performance, review exposures and analyze potential risks.
Benefits for the front, middle and back office
Streamlined Operations
Fully integrated capabilities built for the entirety of the firm allow portfolio managers, traders and operations analysts to unite on a single platform addressing each of their workflow requirements.
Real Time Compliance
The industry’s most powerful compliance engine returns results in seconds including detailed visibility into how each test is calculated.
Generate Powerful Analytics
A dynamic user interface provides key insights into portfolio, deal, and asset level metrics.
Complements existing operations
With a flexible suite of data ingestion options, including direct cloud connectivity, APIs, and SFTPs, the Manager Module leverages data and information from your existing systems.
Scalability
Scalable, cloud-based technology supports collateral managers of all sizes and deal growth expectations.
Automates Borrowing Base Calculations
Leveraging compliance rules, eligibility criteria and advance rates, Manager Module automates all aspects of the borrowing base saving time and helping eliminate errors inherent in traditional manual, excel driven processes.
Analyze hypothetical trades and compliance results in real-time
Wrapper API for collateral, liability and compliance results
AG grid implementation for various widgets
Reconciliation
CLO Reconciliation 1.0
Hypo Trading & Compliance
Enhanced trade plans
API support for hypo trading
June 30, 2021
Version 21.06
Views & Reporting
Platform view
Enhanced filtering & sorting
Deal portfolio & ratings overrides
Customized views & reports
Multi Currency support
Reconciliation
Enhanced capabilities
Hypo Trading & Compliance
Interest coverage tests
Interest projections
Determination date reporting
April 5, 2021
Version 21.3.3
Compliance
Updated Interest Coverage tests to only include loans and contracts that have been settled for interest projection
Used day count convention from WSO Con file for interest projects
Deal Override & Snapshot
Introduced Audit logs for user to track all the fee updates
BPS Report
Added new field Days > Threshold field for each asset across all tabs
Platform View (Beta)
Provided users with the ability to create, modify and delete views for customized reporting
Allowed users to auto size column and choose either AND or OR logic for filtering
Test Details
Updated WAS and WAC tests to include more information such as WAC Cushion (with excess) and WAS Cushion (with excess)
Renamed Accrued Interest to Purchased Accrued Interest within Principal Coverage Tests
Deal Header
Added Reinvestment Target Par
Deal Summary
Created General and Custom presets for Capital Structure which gives users the flexibility to select different fields
European Summary Report Updated below fields to use the total cash from all cash accounts:
Cash Balance (Traded)
Aggregate Collateral Balance
Total Par (including Principal Cash)
MVOC (B notes only)
1 Month LIBOR (% of Total Deal)
3 Months LIBOR (% of Total Deal)
U.S. Technicolor Report Updated below fields to use the total cash from all cash accounts:
Cash Balance (Traded)
Aggregate Collateral Balance
Cash Inc. Repayments
CQT & PPT ACB
Change in Equity NAV
Senior Secured
Non-Senior Secured
Cov Lite Loans
Cov Lite Obligations
March 5, 2021
Version 21.3.2
Platform View Beta
Introduced new view with AG Grid
Dynamic grid controls such as filtering, sorting, grouping, freezing panes, charting
Options for Par Balance, MV
Aggregate by Asset ID and Issuer
Views and Reports
Added additional generic columns for ratings and outlook
User overrides and fields for deferred obligations and corporate rescue loans
Interest Coverage test - Template change to show details for fees and expenses - Admin Fee input from UI - Fee calculations based on Fee Basis and Fee rates - Interest Smoothing Amount - Fixed interest accrual start dates
Compliance
Updated deal scripts for deferred obligations and corporate rescue loans
Added new fields for ratings and outlook
Added script for interest smoothing
Deal script updates and bug fixes
February 5, 2021
Version 21.3.1
Platform View
Added deal information including Rating Agency, Deal Status, Deal Currency and Total to the header
Added three new columns: Option Adjusted Spread, Ticker and Yield
Enhanced the filter to increase flexibility to filter based on different criteria
European Summary Report
Updated the following fields to take collateral overrides into account: Fixed, Floating, All in Coupon, Loan, Bond, Bid Price, % Portfolio Priced Below 90, % Portfolio Priced Below 80, Aggregate Principal Balance, Senior Secured, Non Senior Secured and Cov Lite Obligations
Activity Monitor
Introduced a new page to display status information of each data import and compliance process, providing more transparency expediating issuer support
Hypothetical Trading
Updated cash reports under Trade Blotter to show total cash amount in the deal currency
Updated the asset balance in deal currency for running hypothetical trading and compliance tests
For multi-currency deals, ensured total cash is taking into account all cash accounts with the proper F/X Rate
Portfolio Holding & Asset
Added the following new columns: Option Adjusted Spread, Ticker, Yield, Recovered Assets and Swap F/X Rate
Deal Override & Snapshot
Added ability to allow users to flag any asset as Recovered Assets, which carry over from day to day.
Deal Summary
Added Recovered Assets to the Collateral Summary widget.
