Cash management services

Seamless and efficient cash management

Managers, structuring banks, sponsors and other parties are under pressure to consistently add value to their capital markets loan transactions. However, as the loan market constantly evolves, this is becoming much easier said than done. Regulatory requirements are becoming stricter and administrative tasks continue to pile up, providing exposure to the risk of error. From start to finish, maintaining your cash accounts, payment notices and documentation can be burdensome, especially when you also need to ensure compliance with the investment terms and manage KYC obligations.

With over 4,000 seasoned professionals based across our global network, we’re experienced when it comes to all cash management requirements. As an independent third-party, we’ve worked across public, private, rated, and non-rated transactions to provide cash management (or collateral/portfolio administration) services as part of our loan administration and facility agent offerings.

We can process the underlying collateral purchases and sales and monitor and reconcile the cash accounts linked to transactions. We can report to your investors on whether purchases and sales of assets comply with the terms of investment and once the overall holdings are reported, we distribute returns to investors with payments run via waterfall (priorities of payment). And, we can receive all notices, interest and principal (scheduled and unscheduled) while acting as the dependent on the structure and the servicer’s files.

Our understanding of the loan market means that we can ensure strict compliance with the deal documentation, including all initial and ongoing KYC activity on deal-related parties (such as new bondholders or investors on private placements). And, our market-leading platform, Wall Street Office, eliminates the room for error in what can often be complex and high-volume tasks to manage.

Our services:

• Opening bank accounts for capital markets transactions​​
• Act as cash administrator, receiving all notices and processing loan documentation
• Performing interest rate determinations and calculations
• Process underlying collateral purchases and sales​
• Calculate cash waterfall payments and administer bank accounts
• Acting as ​paying agent for registered notes​
• Ensure strict compliance with deal documentation, including initial and ongoing KYC activity
• Liaise with ​issuer account banks and servicers​
• Monitor and reconcile cash accounts
• KYC Services