Vervent Launches New Calculation Agent Capabilities
This addition provides Capital Markets Services with a tech-forward platform that offers automated deal lifecycle calculations
SAN DIEGO–(BUSINESS WIRE)–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 level 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 strategic services including Credit Card Servicing, Loan & Lease Servicing, Backup Servicing/Capital Markets Services, and Credit Card Programs.
Vervent empowers companies to accelerate business, drive compliance, and maximize service. Contact us today at 888.486.2509 or [email protected].
Contacts
Vervent Media Contact; KCD PR
Duke Bartnik
[email protected]
P: 443-896-4846
