Cash Manager

We monitor and operate SPV accounts for an efficient cash management

Securitisation Services provides Cash Manager services. This activity concerns the managing of SPV's accounts opened with the account bank.

If appointed as Cash Manager, we monitor the bank accounts in order to ensure that they are operated in accordance with the transaction documents, and we send payment instructions on each Payment Date in compliance with the payment report prepared by the Calculation Agent or the Programme Administrator.

In addition, we provide assistance to the SPV and the account bank on how to invest the liquidity available on SPV’s accounts, sending the relevant instructions or through other companies of the Finanziaria Internazionale Group authorized to provide investment services in accordance with the transaction documents.