$90 billion
of assets administered
Global Track
Record
Expert Advisory Board
20+ Years of Experience
Unforeseen risks create volatility
When non-contemplated problems hit an ABS transaction, protecting the resilience and integrity of the transaction infrastructure is critical.
Known risks such as credit, regulatory, geopolitical, and environmental factors coexist in commercial structured credit transactions. These are generally addressed by active market experts such as banks, administrators, and law firms which are well equipped to simultaneously enable issuers and protect investors.
But not all risks can be anticipated in documents, and these events must be managed when they occur.
When engaging a third-party, trustees and backup servicers have historically been relied upon. However, neither party is well positioned to manage the volatility created by unforeseen risks. And this type of volatility can be very expensive.
Governance to protect all ABS participants against unexpected risks
GovCo Services provides the expertise and tools needed to navigate volatility and add an additional layer of security for ABS participants.
When unexpected problems arise, protecting the interests of parties involved and the integrity of the transaction infrastructure is critical. It takes expertise, insight, and authority to act with the speed required.
GovCo Services provides the expertise and tools needed to navigated volatility and add an additional layer of security for ABS participants.
Our focus is on:
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Reporting
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Direct access to management
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Credit & Collections Policies
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Diligence
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Servicing
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Investor Coordination, and
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Ongoing transaction coordination
Our Services
Transaction Diligence
01
GovCo participates in lender due diligence on operations. We engage in documentation and legal due diligence to establish GovCo’s unfettered rights to protect collateral servicing during any disruption.
Transaction Monitoring
02
GovCo will review policies and procedures prior to close and monitor for any material post-closing changes. GovCo retains the right to participate in all asset disposals and recoveries and securely maintain all governance materials, for reference and availability to the parties.
Transaction Management
03
GovCo coordinates with Seller/Servicer, Agents, Investors, and other parties to rectify unexpected issues when they arise. We have the authority to communicate with Investors when needed and help avoid unnecessary defensive legal expenses in the event of unexpected reporting or technical issues.
Transaction Reporting
04
GovCo receives monthly reports, and all other information distributed to investors and perform and document the review of all materials. We prepare and distribute confirmation reports for each monthly review. We can provide confirmations in 17-g5 website and other regulatory requirements.
About GovCo Services
GovCo Services provides expert services, with access to a an Advisory Board comprised of global experts in structured finance, servicing, operations management, law, accounting, and industry regulation. Their extensive backgrounds and world leading experience provide additional insight and guidance to our governance services.
