1 - Platform Management
This is your One-Stop-Solution to Project Finance! We serve our clients with the ability to securitize not only bankable but also non-bankable assets with a Swiss ISIN and no issuer risk at a minimal price. Our set-up for off-balance sheet investment products and platform services opens a new dimension of performance potential from optimizing your strategy to getting in funds.
2 - Securities Structuring Team
The Securities Structuring Team working on our platform enables your One-Stop-Solution to Project Finance! This is a team of experts at your immediate disposal. Today, time is precious and cannot be wasted. When our Securities Structuring Team takes the time to listen to our clients needs, our team members truly get to understanding short and long-term objectives. With information provided by you, and valuable background information the Securities Structuring Team can customize and manage investment and restructuring policies to create the utmost financial product which will enable you to access funding on the secondary market which is not available to you without a structured financial product. To get you in funds is our service philosophy and it is what motivates our team.
3 - Arranged Underwriter
The availability of an Arranged Underwriter and the Underwriting Agreement is a preferred basic to start the securitization process. This will ensure that all of the players understand their responsibility in the process, thus minimizing potential conflict. The Underwriting Agreement is also called an underwriting contract. An Underwriting Agreement is a contract between investment bankers forming an underwriting group / syndicate and the issuing entity of a new securities issue.
4 - Standby Investors
Investors in securities subscribe to the securities issued by the S.P.V. and are therefore entitled to receive principal repayments, interest and, if foreseen in the Term Sheet and other constitutional documents, profit participation based on the cash flows generated by the underlying securitization pool. Typical INVESTORS in securitized exposures are Qualified Investors such as pension funds, insurance companies, alternative Asset Managers, investment funds, and banks.
5 - Borrower Obligator
The “Obligor” is a person who legally owes something to other people or companies. In the context of financing arrangements, an obligor is mostly a debtor (like, a borrower) or a person who has given safety or a guarantee for the payment of debt or the general overall performance of an obligation.
9 – Auditors
Depending on location of the Special Purpose Vehicle, the financial statements and annual accounts of the SPV have to be audited by one or more independent auditors. The auditors are appointed by the management body of that S.P.V. Audits can be conducted internally by qualified employees of our organization or externally by an outside Certified Public Accountant firms like PWC, KPMG or others.
10 - Tax and Accounting Advisor
The services of a tax advisor are usually retained in order to minimize tax payable while remaining compliant with the law in complicated financial situations. Tax advisors can include Certified Public Accounts (CPA), tax attorneys, enrolled agents, and some financial advisors. A tax- and accounting advisor analyses and assists with the tax-efficient structuring of the proposed transaction.
11 - Legal Advisor
Legal advisors will draft the Articles af Association of the SPV in accordance with the provisions of the Securitization Law, drafting the prospectus and listing documents, reviewing or drafting the asset Sale and Purchase Agreements. They are the source for legal opinions regarding the perfection of the pledge over the exposure pool, loan restructuring in non-performing loan transactions and initiating the foreclosure and asset enforcement processes.
12 - Asset Servicer
Asset servicing is an administration service provided by a custodian which can also be a central securities depository, in connection with the safekeeping of financial instruments. In the context of securitization it describes the process of collecting the payments from the underling borrowers and transferring the collected funds to the S.P.V.
13 – Trustee
A “Safety Trustee” is a person, a company or any entity which holds assets and protects the benefit of parties involved in a trust agreement. In a securities transaction, a trustee's main fiduciary duty is to preserve the interests of investors involved in the purchase the securities issued by the Special Purpose Vehicle.
14 - Asset or Collateral Manager
Collateral Management is the process of two parties exchanging assets in order to reduce credit risk associated with any unsecured monetary transactions between them. Such counterparties include broker-dealers, hedge funds, pension funds, insurance companies, Asset Managers, banks and large corporations.
15 - Credit Rating Agencies
Credit Rating Agencies are companies that assign credit ratings to rate a debtor's ability to pay back any debt by making timely payments and to define the likelihood of default. An agency may rate the creditworthiness of issuers of security debt instruments of the servicers of the underlying debt and not of individual consumers. We work with such agencies in your securitization process if such a rating is required.
16 - Registrar
A registrar is an institution, a trust company, or a bank which is responsible for keeping records of bondholders and shareholders after an issuer offers securities. When an issuer needs to make a dividend payment to shareholders or an interest payment on a bond, the firm refers to the list of registered owners maintained by the registrar.
17 - Calculation and Reporting Agent
Calculation and Reporting Agent is the party to the securitization transaction calculates and reports the distribution of interest, principal repayments and profit participation due to the investors and other creditors. The allocation of funds available from the exposure pool is governed by the cash flow waterfall.
18 - Paying Agent
Paying Agents are banks and financial institutions, designated to make principal-, dividend-, coupon payments to the security holder on behalf of the issuer. The terms and conditions set out in the securitization documents specify the distribution dates on which interest and principal repayments a e to be made to the investors.
19 - Asset Back-Up Servicer
Securitization is a transaction where funds are raised backed by only assets assigned with the Originator’s credit risk being separated from them. In a scenario where the servicer goes bankrupt, it is necessary to secure smooth receipt of monies collected from receivables beforehand. For this reason, a backup servicer is required.
20 – Custodian
A Custodian is a financial institution that holds customers' securities for safekeeping in order to minimize the risk of their theft or loss. A custodian holds securities and other assets in electronic or physical form. The custodian bank is responsible for safeguarding the assets of the Special Purpose Vehicle including liquid assets cash or term deposits, transferable securities like shares and bonds. The custodian is also responsible for arranging the settlement of any Purchases and sales in a Securities transaction.
23 - Credit Enhancement Services - One-Stop-Solution to Project Finance!
Credit Enhancement Provider is a company that is raising cash by issuing a bond or security may use credit enhancement to lower the interest rate it must pay to investors. If the company can get a guarantee from a bank to assure a portion of the repayment, the rating on the bond issue might improve. If credit enhancement becomes an issue when structuring your transaction, we can introduce qualified clients to banks providing such a service if the service is not provided by the client’s own bank.
24 - Liquidity Provider Services
The function of a Liquidity Provider is to facilitate trading in securities by providing a pool of securities so that buyers and sellers can trade easily without having to locate and deal with other individual traders. Liquidity Provider is essentially synonymous with market maker.
25 – Broker Dealer Services - This is your One-Stop-Solution to Project Finance!
A broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and derivatives trading process. As a One-Stop-Solution to Project Finance we will introduce existing clients with qualified service providers.