May 21, 2024
This addition provides Capital Markets Services with a tech-forward platform that offers automated deal lifecycle calculations
Today industry-leading fintech, Vervent, announced its new Calculation Agent services, which deliver on-demand data and analytics via a platform-enabled distributed ledger. The automated reconciliation produces reporting at deal and portfolio levels with a single source of data. Calculation Agent services are available to all parties under one license, and ensure a shared, immutable, auditable system of record for better, lower-cost compliance.
“Vervent’s Calculation Agent Services integrate and automate data to provide efficient and comprehensive reporting for structured finance transactions,” said Lou Geibel, EVP of Sales & Services at Vervent. “Our easy-to-use platform eliminates manual processes, offers a single source of truth, and ensures robust reporting and accurate deal models.”
With delivery of real-time analytics available to investor, issuer, and rating agencies, Vervent Calculation Agent Services supports a variety of structures such as securitizations, warehouses, credit facilities, and others in specialty finance. This is done by enabling seamless data operations with best-in-class analytics and insights.
About Vervent
As a fintech leader in the industry, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services including Credit Card Servicing, Loan & Lease Servicing, Backup Servicing/Capital Markets Services, Managed Services, and Credit Card Programs.
Vervent empowers companies to accelerate business, drive compliance, and maximize service. Contact us today to find out how we can help boost your performance at 888.486.2509 or [email protected].
Vervent Media Contact; KCD PR
Duke Bartnik
[email protected]
443-896-4846
