1. Loan Services

2. Credentials – US insurer
Developed a flow process for all new origination or refinancing
Interface to US GC Servicer
(25 bilateral / 9 syndicated) since launch in Q2 2012
34 Loans
Loan Boarding within 48 hours from receipt of documents
Daily File Remittance
& Quarterly Asset Reviews
Billion
€2.4
Established a new origination platform for a major US Insurer
Bespoke client reporting
Dedicated access to CBRELS Client Portal

3. Credentials – project tower58
LOANS
£1.4
BILLION
MULTIPLE JURISDICTIONS
CBRELS REQUIREMENTS TO FACILITATE BOARDING
ON-BOARDING PROCESS
CHALLENGES
RESOLUTION
Data tape covering whole portfolio
Bible of documents for each loan – loan documentation checklist provided to client
Subsequent loan documentation amendments/waivers/updated valuations etc.
Historical rate reset/interest advices
Borrower reporting
Download data provided by client
Loans assigned to asset managers to carry out reconciliation of data, extraction of all compliance, covenant and monitoring requirements from documentation
Loan Administration board loan into Cassiopae
Exceptions reporting
Completion of loan and asset data upload into Cassiopae
Introduction to borrowers as appropriate
Discrepancies/conflicting data provided by client
Inconsistent information provided for each loan
No single definitive data source to enable reconciliation of systems
Timeliness of information provided
Thorough due diligence and multiple audits carried out prior to boarding data onto Cassiopae to ensure complete accuracy
Discrepancies in data resolved through regular client contact
Reconciliation of data at each stage of boarding process

4. Credentials – US Debt Funds
£151
MILLION 7
LOANS
FUND TARGET
£1bn
£408 18
FUND
ONE
TWO
Asset Valuations (Loan Valuation Dept.)
Loan Valuation (Loan Services Dept.)
EXISTING SERVICES PROVIDED TO CLIENT
START
Held client meetings from June 2015
Identified needs and opportunities: Assistance in performing loan administration and reporting functions at loan/fund level
CLIENT MEETINGS
PROCES SES
Assign Asset Managers
Extract key terms of finance documents
Board Loans into systems
Create Interest Statements
Create bespoke client reports
PROPOSAL OF PRIMARY SERVICING FUNCTIONS
Loan Servicing System: Upload & monitor key terms of the finance documents;
Loan Interest Statements: Preparation and submission to the client;
Cash Management: Monitoring loan cash flows and receipt of funds;
Borrower Reporting: Monitoring, analysis and reporting of covenants;
Client Reporting: Providing bespoke reports at both the loan and fund level.
Engaged to Primary service new Debt Fund launched in Q1 2016
Engaged to replace existing Primary Servicer to service Client’s already established fund
MANDATE S WON
FINISH