CDOnet Trustee

CDOnet Trustee is an independent, flexible and comprehensive software platform for calculations and reporting.

 

CDOnet Trustee enables trustees to calculate bond payments for the next period, verify payment date waterfalls, check compliance tests and oversee asset manager's trades. Data is easily imported from back and middle office systems, or the system itself can be used as the point of data entry. CDOnet Trustee comes with a custom reporting module that allows seamless data export and publishing.

Comprehensive Asset Management Tools

  • Full compliance testing
  • Transaction processing
  • What-if trade analysis
  • Complete historical asset records
  • Transaction history
  • Compliance test history
  • Cash account history
  • Liability payment history
  • Customized reporting (via Crystal Reports or Excel)
  • Portfolio asset master
  • Cross deal exposure reporting
  • Sorts, queries, stratifications
  • Customized note valuation reports

Collateral Administration

  • Centralized bank loan administration
  • History and updating
  • Daily cash reconciliation
  • Asset payment history
  • Links to your middle and back office systems
  • Full historic database allows for centralized CDO data management
  • Update prices/ratings with internal/external vendors databases

Robust Structuring Tools

  • Transparent modeling interface allows the user to see all the components of a deal
  • Templates for setting-up cash and synthetic CDOs.
  • Powerful scripting language for more complex structures
  • Incentive management fees / equity distributions based on historical returns
  • Customizable reinvestment assumptions
  • Synthetic and cash deal structures
  • Multiple currency transactions
  • Easy import and export of data 

API Interface and Macro Language

MWSA systems contain an API Interface and Macro Language which allow users to call a large library of internal objects and routines contained in the software applications. Through programming languages such as C++, Visual Basic and VBA users can call and manipulate the data, cashflows and analytics present in CDOnet allowing for easy integration into existing client applications or third-party systems.

 

Users can write and run macros to automate common, periodic or iterative routines, including collateral analysis, tranche cashflow generation, reporting and data import / export. Standard procedures and analyses can also be scheduled to run in batch overnight, further increasing efficiency.