Federal Bank, partner of CredAvenue to offer portfolio management of its securitization portfolio


CredAvenue has partnered with the Federal Bank for the portfolio management of its securitization portfolio. As part of the alliance, Federal Bank will digitally monitor its ABS and MBS pool assets, through CredAvenue’s end-to-end securitization and portfolio buyout and execution solutions platform, CredPool.

Post-trade execution services are currently manual and asset quality assessment is only performed at the end of each quarter. Through this partnership, Federal Bank intends to use CredAvenue’s technology for real-time valuation and digital monitoring capabilities for its securitization book.

“In the type of environment we find ourselves in, it’s always important to look for the right opportunities. While we have the opportunity to grow via the inorganic route with the right kind of mix, the capacity of the platform is important to manage such a portfolio. This arrangement will help the Federal Bank to standardize and automate the securitization portfolio. In addition, it will help the bank to assess and invest in the right opportunity based on risk appetite, ”said Shalini Warrier, ED & Head Retail Business, Federal Bank.

“We provide a Complete Originator Debt Ecosystem (NBFC) and provide a complete execution solution for all lenders associated with us. Our technology has the ability to provide personalized solutions based on the requirements of each bank / lender for the management of their portfolio. Our team ensures fast and seamless integration with an easy to use interface for our partners, ”said Gaurav Kumar, CEO, CredAvenue.

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