Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter
Pepper chooses Moody’s for securitisation tech

Pepper chooses Moody’s for securitisation tech

Moody’s Analytics has announced that its ABS System and ABS Discloser technology has been selected by Pepper Group.

Pepper will use the tools to administer, report and provide enhanced disclosure on the entirety of its growing asset and mortgage backed securities program.

ABS System will provide infrastructure and further automation for Pepper’s securitisation business, while ABS Discloser will enable Pepper to provide third-parties with easier access to performance information, deal documents and investor reports on Pepper’s securitisations, supporting information transparency and liquidity in Australia’s debt capital markets.

Advertisement
Advertisement

“We are delighted that Pepper Group, a highly experienced and well-known issuer, has chosen Moody’s Analytics to enhance its securitisation reporting and accounting requirements,” said Moody’s Analytics senior director Marc Levine.

“We are confident that ABS System and ABS Discloser will enable Pepper to realise efficiencies in these critical operations.”

Pepper’s Paul Thompson, who leads treasury business management and trust reporting at the non-bank lender, said the group chose Moody’s Analytics because it brings extensive experience and a unique combination of global scale and local presence.

“Their willingness and ability to understand our business and address our requirements through their solutions will help us to drive Pepper’s continued global success,” he said.

[Related: Pepper prices largest RMBS deal in a decade]

Pepper chooses Moody’s for securitisation tech
mortgagebusiness

 

Latest News

The APRA Capability Review has been released, outlining that while the regulator has been “an impressive and forceful regulator”, it sho...

Two non-major banks have reduced their interest rate floors for home loan serviceability assessments, following moves from ANZ and Westpac. ...

Residential property values are expected to begin rising sooner than anticipated, with ANZ Research revising its forecasts in response to re...

FROM THE WEB
podcast

LATEST PODCAST: A shift in serviceability requirements

Do you think the banking royal commission recommendations could negatively impact competition in the mortgage market?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.