In the intricate world of financial services, data management has become increasingly complex. For professionals working in structured finance, the challenge of efficiently processing, analyzing, and reporting financial data is more critical than ever.

Vervent, an industry-leading Backup Servicer, recently launched Vervent eVault and has further expanded its suite of Capital Markets Services to include Calculation Agent Services. With a team experienced in structured transactions, Vervent reads and interprets transaction documents to ensure accurate, transparent, and impartial calculation and administration of a securitization or an asset-backed loan outlined in a credit agreement.

What Are Calculation Agent Services?

Calculation Agent Services involve proactive and efficient modeling of loan tapes by reading and interpreting loan documents, built to identify potential issues that may arise. At their core, these services aim to streamline the process of managing complex financial information across multiple stakeholders.

Historically, financial teams have been up against several persistent challenges:

• Manual data reconciliation across different systems
• Time-consuming spreadsheet management
• Inefficient reporting processes
• Limited real-time visibility into financial performance
• Complex compliance and reporting requirements

Vervent’s Calculation Agent Services address these pain points with a sophisticated, technology-driven approach, empowering institutions to make faster, more informed decisions.

Calculation Agent Services from a Capital Markets Expert

Where traditional approaches fall short, Vervent has developed a comprehensive solution that addresses these challenges head-on. Their Calculation Agent Services integrate cutting-edge technology with deep industry expertise, creating a platform that goes beyond simple automation.

Vervent’s Calculation Agent Services leverage technology to transform data management through several key mechanisms:

Centralized Data Platform

Vervent's comprehensive platform creates a unified dashboard where all stakeholders can access consistent, real-time information. Unlike traditional fragmented systems, their approach eliminates the need for manual cross-checking and significantly reduces the risk of errors. Using specialized software, standard reports and sophisticated analytical tools are provided to investors and additional parties’ allowing direct access to data, seamless audits, and clear version control.

Automated CalculationsComplex financial calculations—such as payment waterfalls, borrowing base computations, and compliance testing—are fully automated. Powered by a proprietary custom-built technology engine, Vervent’s solution enables users to perform data queries without requiring business intelligence (BI) expertise. This automation ensures accuracy and saves valuable time. 

Standardized Reporting

Vervent simplifies reporting with standardized loan tape formats, facilitating quick onboarding for new deals and maintaining consistent reporting across multiple transactions. Vervent's Calculation Agent Services incorporate:

• Advanced distributed ledger technology
• AI-enabled asset data review processes
• Real-time analytics dashboards
• Automated compliance checking
• Flexible, customizable reporting tools

Practical Applications

These services are particularly valuable for:

• Securitizations
• Credit facility management
• Warehouse financing
• Performance tracking for asset-backed securities
• Automated payment waterfall calculations

A Unique Timing and Value Proposition

Vervent’s Calculation Agent Services supports a rapid implementation process including a customized demo and fully implement the system, within two weeks with a team committed to meeting transaction deadlines.

Following this rapid deployment, Vervent’s full set of offerings are available to all Calculation Agent clients, who benefit from the highest level of data integrity and efficiency in the industry. They also are provided full access to a unified dashboard and “best-in-class” analytics on each loan, deal and portfolio.

Vervent's Innovative and Bundled Approach

With over 35 years of experience, Vervent has the experience and infrastructure to support a wide range of financial servicing solutions. Vervent’s innovated bundled approach reduces risk, and time for their valued clients to focus on growing their portfolio. Vervent’s suite of Capital Markets Services include:

• Backup Servicing
• eVault Solutions
• Verifications
• Document Custody
• Collateral Agent
• Structured Settlements

Vervent's Calculation Agent Services are more than just a technological solution—they're a strategic approach to managing financial data in an increasingly complex global market. By combining cutting-edge technology with deep industry expertise, Vervent is not just solving current challenges but shaping the future of financial data management.

Interested in learning more about Vervent’s suite of financial services including Primary Servicing? Click here.

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 partners with primary strategic services including Loan & Lease Servicing, Backup Servicing/Capital Markets Services, eVault Solutions, Managed Services, and Credit Card Servicing.

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].