Advisory
Tailored advisory services to make sure that your transaction runs smoothly and efficiently
Our long presence in the market, which has given us a deep and consolidated knowledge of all the different types of assets, and the constant updating of all regulatory, accounting, tax and management aspects related to structured finance transactions, allow us to provide you full support with a high quality service.
- Assistance to the Originator/Seller or Servicer in analysing operational impacts, defining and implementing an internal reporting and monitoring procedures. We also provide advisory in preparing the documents (reports or procedures) that Bank of Italy requires from the companies under its supervision.
- Assistance to the Originator/Seller or Servicer
- in implementing IT, administrative and accounting procedures enabling it to:
- correctly record the portfolio’s initial transfer;
- keep the portfolio’s bookkeeping on behalf of the SPV;
- keep the portfolio management (register payments, arrears and defaulted claims) unchanged;
- if due, forward information to update the Bank of Italy's Centrale Rischi database on behalf of the SPV; - in implementing the data collection procedures required for reporting activity:
- reports on collections and performances of the transferred receivables;
- “accounting files” to keep the SPV accounting records;
- selecting transferable portfolios and verifying the relevant criteria;
- other information required by the Bank of Italy.
- in implementing IT, administrative and accounting procedures enabling it to:
- Assistance to Arrangers or Sponsors in the analysis of the quantitative portfolio or the historical performance of the receivables being transferred, or in the provision of a cash flow model.