Although all services provided are of a confidential nature, we are pleased to provide you with client references upon request. The credentials listed for services and solutions provided are on a no-names basis.
Top 10 European bank – Covered Bonds / RMBS
Issued synthetic and true sale RMBS from one subsidiary only. Planning covered bond and liquidity transactions across multiple subsidiaries.
Implemented Europace MBS and covered bond modules and uploaded its full mortgage books (back-book and securitised portfolios) from 4 subsidiaries of over € 80 billion of assets. Due to short time to market, Hypoport offered the outsourcing solution first, in-house implementation followed 9 months later.
Within 4 months 2 liquidity deals and a covered bond programme saw the light, covering over € 26 billion of assets. Client benefits from liquidity and funding.
Top 3 Greek bank – Covered Bonds / Master trust
No securitisation experience and willing to issue a credit card & open loans master trust and a covered bond both for liquidity purposes in the short term. For funding in the long run
Implemented Europace covered bond and master trust modules and uploaded its full mortgage books (back-book and cover pool / transferred assets) with data from 4 source systems. Due to short time to market, Hypoport offered the outsourcing solution first. Implementation followed after 5 months
Within 6 months this client issued its first covered bond and master trust, covering over € 20 billion of assets. Client benefits from liquidity.
Top 5 Dutch bank - RMBS
After issuing multiple RMBS deals wanted to have tools for selecting loans for new transactions and reserve loans for current deal for replenishment
Implemented Europace pooling module, having previously implemented the Europace master servicing and MBS module, uploaded full back book and securitised mortgage book of over €50 billion of assets, client can now preselect or reserve pools of assets for future deals.
Client benefits from the possibility to allocate certain pools for future deals. With Europace in place, client has all the tools in house for full deal reporting and calculations
Top 25 European bank – SME Portfolio
After issuing multiple RMBS deals wanted regulatory capital release by issuing a SME synthetic and true sale transaction. In order to calculate release interface with term loan, revolving loans and risk management systems where required. Also ongoing replenishment was required to benefit from release in time.
Implemented Europace SME module and uploaded its full SME portfolios of over € 20 billion of assets. Using Europace, client replenishes pool according eligibility and pool criteria and generates necessary reporting towards stakeholders
Within 18 months 2 SME entered the market, covering over € 18 billion of assets. Client benefits from regulatory capital release and funding.