In the fast-paced environment of the secondary loan market, efficient settlement processes are critical to maintaining a competitive edge and effective balance sheet usage. One effective strategy for reducing settlement times is outsourcing loan closing to third-party providers such as Apex Group, who can leverage their extensive market knowledge and reach, while using the latest technology and integrations to significantly streamline trade tracking and settlement, thus providing substantial benefits for clients.
Four key reasons for outsourcing your loan closing to us:
1. Reduce settlement times
- Leveraging our coverage model across both LMA and LSTA, we can provide consistency of treatment and data for your portfolios and trades, ensuring accurate settlement.
- Offering power of attorney services to sign trade documents on behalf of clients, thereby removing an added layer.
- Document repository tools for managing KYC and tax documents, where required, to address trade-specific queries.
- We operate a "follow-the-sun" model with dedicated resources both locally and in our global service hubs, which benefits clients when closing their trades.
2. Retain access to real-time trades
- Through our client portal, your business retains access to your entire portfolio of trades across issuers and entities. You can view status checks, calculations, and plan for future activity.
- Helps with integration to Treasury as a Service, allowing better management and planning of your future liquidity.
- Can be integrated with your internal platforms for reporting purposes.
3. Leverage technology to manage trade process efficiently
- Receiving trades via blotter with acknowledgment back to OMS.
- Our proprietary workflow tool allows us to manage and track client trades throughout the loan closing cycle.
- Connected solutions enable real-time data sharing with clients.
- CIDD integration to our wider middle office platform.
4. Cost-saving
- Removes requirement to increase FTE to support as you scale.
- Switching off expensive technology licenses and platforms.
- Settle trades quicker and enhance returns.
Closing loan trades efficiently is not just about one key component. Through a mix of industry knowledge, cutting-edge technology, and well-thought-out processes, we can work in partnership with your firm to provide a reliable and scalable service that becomes a natural extension of your team.
