Program Management and Technology
Every financing transaction we complete has a dedicated team providing critical program and cash management oversight by Channel staff, both providing valuable support to our clients and ensuring independent oversight for investors
Transactions typically structured to a high standard, including features such as credit enhancement, lockbox bank accounts, true sale/enforceability legal opinions, concentration limits, and well defined eligibility criteria.
Credit and Risk Analysis
Review of the relevant transaction parties prior to funding and on an annual basis, ensuring assets are of suitable credit quality, meeting stress testing requirements and conservative concentration and maturity limits. Channel partners with Wiserfunding to access its world famous Altman Z/score to evaluate and monitor credit risk trends.
Provision of proprietary systems, managed and developed in house according to transaction requirements. Data can be taken from asset originators as frequently as daily, and automatically uploaded to back up servicer providers as required.
Establishment of account banks and execution of payments in accordance with transaction documents.
Satisfy Know Your Client (KYC) and Anti-Money Laundering (AML) requirements. Segregated use of Channel Finance S.A., a Luxembourg securitisation vehicle, regulated by the CSSF in Luxembourg, and direct access to best-in-class service providers.
Monitoring and Reporting
Creation of granular (to individual asset level) and high level transaction reporting covering verification of performance ratios, asset reconciliation, cash reconciliation, calculation of quantitative eligibility, concentration, & credit enhancement requirements.
The future holds even greater promise…
Security and Insurance
Blockchain to validate invoice level data and mitigate fraud risks. Smart contracts to trigger insurance claims on invoices automatically.
Use of AI to enhance KYC and AML procedures and to mitigate documentation fraud and payment redirection risks.