Calculation
Agent

a tailor-made service to originators,
arrangers and SPVs

Calculation Agent

a tailor-made service to originators, arrangers and SPVs
As Calculation Agent for structured finance transactions, CF-Solutions offers various activities as, inter alia:
  • Preparation of payments and investors reports
  • Distribution of portfolio and deal performance
  • Support the SPV and the corporate servicer in the preparation of the payment instructions
  • Support with the calculation of the notional of the hedging agreement in the transactions
  • Estimate future flows of the different transactions with particular focus on the flows related to the subordinated items (i.e. subordinated loans, equity pieces, …) under the assumptions indicated by originators or investors
  • Support the originators/servicers with the calculation of re‐purchase price or indemnity amounts
  • Update the notes amortisation profile to be distributed to the contributors indicated by the arrangers
These activities are normally performed following rigorous steps:

1

checking the contents of the servicing reports

2

verifying the balances of the servicing reports against the funds standing to the credit of the bank accounts of the SPV

3

monitoring the statements of accounts

4

monitoring the performance of the investments

5

calculating and allocating the issuer available funds in accordance with priority of payments

6

verifying the occurrence of any performance triggers

7

drawing up the reports set forth in the transaction documents

8

preparing the instructions to transfer funds to the various counterparties

1

Checking the contents of the servicing reports

2

Verifying the balances of the servicing reports against the funds standing to the credit of the bank accounts of the SPV

3

Monitoring the statements of accounts

4

Monitoring the performance of the investments

5

Calculating and allocating the issuer available funds in accordance with priority of payments

6

Verifying the occurrence of any performance triggers

7

Drawing up the reports set forth in the transaction documents

8

Preparing the instructions to transfer funds to the various counterparties

Other services

Structuring / Advisoring

Programme Manager

Structuring / Advisoring

Programme Manager