ASPEN TECHNOLOGY SOLUTIONS LLC
The Private Credit Market Problem
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Inadequate loan- and collateral-level information and overly-manual processes discourage most banks and 3rd party investors to form partnerships to recapitalize and restructure large numbers of high-risk but viable SMEs and small corporates
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Inability to form NPL partnerships (1) deprives viable SMEs and small corporates of much-needed new-money from 3rd party investors, (2) degrades SME and small corporates’ ability to service debt, (3) devalues collateral security and (4) forces banks to increase write-downs and depletes their capital
Introducing The LoanSolutions Platform
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LoanSolutions is an easy to use, cloud based, software-as-a-service for lenders, investors, and servicers to process high volume structuring, restructuring, risk management, funding and securitization involving SME and small business loans
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LoanSolutions enhances efficiency, compliance, audit trail and transparency while reducing operating cost
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Highly customizable to fit disparate IT infrastructure and data-availability
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Participants not required to make any changes to their IT infrastructure or business processes
Multiparty Collaboration
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Negotiate terms & conditions of debt restructuring, debtor recapitalization, and standstill agreements
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Submit escalation and approval requests with documentation
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Grant approvals with documentation & audit trail
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Generate and share indicative and final term sheets
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Organize, retrieve and distribute documentation - appraisals, valuations, analytics, financials, audit, legal & compliance
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Measure and reward individual & team performance
Real-Time Analytics
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Upload loan-level data through spreadsheets
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Perform powerful analytics to segment, drill-down, and select portfolios for specific NPL partnerships
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Compute loss-given-default (LGD) by tracking “many-to-many” relationships between debtor, loans, collateral and lien position
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Generate NPL recovery curves based on criteria specified by the bank, investors, rating agencies & regulators
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Monitor & report performance at a portfolio and granular (loan-by-loan) level
Prudential Reporting
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Maintain a superior, real-time audit trail
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Track & report escalations, approvals and documentation
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Credit
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Risk Management
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AML & Internal Audit
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Legal & Compliance
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Regulatory
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Support bank’s AQR functions - stress testing and LGD computation