Financial Technology Office™ for AdministratorsExceptional service paired with exceptional technology |
The role of the administrator has become increasingly important in today’s financial marketplace. Spreadsheet technologies, legacy systems and dated custom applications no longer suffice for a dynamic market with demanding clients. Deloitte’s Financial Technology Office gives administrators the flexibility to serve a diverse client base. It also provides the structure to accommodate portfolio monitoring and extensive reporting capabilities to be used as stand-alone systems or integrated with existing infrastructure.
ABS Suite™
ABS Suite™ has unrivaled securitization transaction administration and cash flow forecasting capabilities, allowing administrators to focus on providing quality service rather than performing manual tasks and designing complex models.
Key features include:
- Use as an income and expense allocation tool and for related administration and reporting.
- Proprietary visual diagram-based allocation/calculation module that allows business users to model complex calculations, including pro-rata and subsequent allocations; the resulting diagrams are automatically interpreted by the system to generate scripts to efficiently calculate income and expense allocations.
- Series of administrative modules, including cash administration, activity tracking and expense tracking.
CDO Suite™
CDO Suite™ can be used either as a stand-alone system or as a sub-ledger for complex fixed income products, such as bank debt (syndicated or leveraged loans) and credit default swaps (CDS).
Key features include:
- CDO Suite™ has advanced syndicated/leveraged loan administrative tracking capabilities (among other asset classes that it supports, such as CDS, bonds and asset-backed/mortgage-backed securities).
- With respect to syndicated loans, CDO Suite™ tracks such items as loan rollovers, rate rests and funded/unfunded positions.
- The system can also handle the intricate interest accrual calculations that syndicated loans require, due to the fact that syndicated loans typically settle without accrued interest.
- To support efficient processing as well as data quality and consistency, such transactions as payment processing, loan rollovers, interest rate resets, payment-in-kind (PIK) amounts, etc. can be processed globally and distributed to all applicable portfolios automatically.
- Separate transaction and cash reports are based on system activity and separated by counterparty/participation type.
- Standardized trade tickets and notices can be produced directly from corresponding transactions.
- The system offers advanced cash and position reconciliation tools.
- The SQL database technology platform supports extremely large volumes.
Surveillance Suite™
Surveillance Suite™ allows the user to dynamically define data tracking, trend analysis and performance reporting for portfolios. It also includes functionality for report generation, data integration and dashboards. Potential uses include a client information and data repository system and portfolio performance tracking tool.
Key features include:
- Utilizing Surveillance Suite’s dynamic system structuring functionality, any data points can be related to each other, controlled and tracked.
- The system allows the business user to maintain security, views and presentation.
- Reports can be generated from the system data without customization.
- The system has advanced data integration capabilities that can be used for consolidated information management, front-end reporting and analysis.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
