Loans Operations

Your one-stop shop for end-to-end loan support

Loans processing requires experienced support resources in order to avoid the risk of counterparty defaults. With more than a decade of experience in this area, eClerx Markets is well-positioned to assist with lending operations.

eClerx Markets provides end-to-end loan support globally across origination and closing, loan servicing, credit agreements, confirmations, and reconciliations. For syndicated and whole loans, we support primary functions, corporate and agency servicing, trade support, par closing, utilities, letter of credit, covenant tracking, and cash reconciliations.

Our teams have significant experience using industry platforms such as LoanIQ, ACBS, Clearpar, Intellimatch, Markit, WSO, Intralinks, and XMS. Our transition process includes the identification of potential enhancements to deliver risk reduction and process improvement.

Our loan services coverage includes:

Origination and Closing Function

  • Deal building and quality control, collateral exception reporting, and trade enrichment for par and distressed closings

Credit Agreement Support

  • Amendments processing, covenant tracking, and credit agreements vs system reconciliations

Loan Servicing

  • We are responsible for fax queue administration and agency billing.

Confirm Chasing

  • Block allocation, drafting, and chasing for par, distressed, and TRS trades

Reference Data

  • ¬†TAPS, wire builds, and client set up, KYC, and agreement maintenance

Reconciliation and Control

  • Agency executions and support settlements, intra-day reconciliations, cash reconciliation, Nostro tagging, MIS reports

 

We have also developed our own proprietary tools to manage end-to-end notice event tracking for syndicated loans (complimenting platforms such as LoanIQ) as well as workflow tools used to control outstanding issues on DTCC LoanSERV.

Experience the future of Financial Services.

VANCOUVER SAN FRANCISCO FAYETTEVILLE PHILADELPHIA NEW YORK TORONTO BOSTON ATLANTA AMSTERDAM HAMBURG MILAN VERONA LONDON DUBLIN PARIS CHANDIGARH GURUGRAM MUMBAI PUNE COIMBATORE MANILA PHUKET SINGAPORE SYDNEY MELBOURNE CHICAGO
VANCOUVER SAN FRANCISCO FAYETTEVILLE PHILADELPHIA NEW YORK TORONTO BOSTON ATLANTA AMSTERDAM HAMBURG MILAN VERONA LONDON DUBLIN PARIS CHANDIGARH GURUGRAM MUMBAI PUNE COIMBATORE MANILA PHUKET SINGAPORE SYDNEY MELBOURNE CHICAGO