Banking Fintech News

Vervent Launches New Calculation Agent Capabilities

Vervent Launches New Calculation Agent Capabilities

This addition provides Capital Markets Services with a tech-forward platform that offers automated deal lifecycle calculations

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.

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“Our easy-to-use platform eliminates manual processes, offers a single source of truth, and ensures robust reporting and accurate deal models.”

“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.

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