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.

“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.

About Vervent

As a fintech leader in the industry, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with strategic services including Credit Card Servicing, Loan & Lease Servicing, Backup Servicing/Capital Markets Services, and Credit Card Programs.

Vervent empowers companies to accelerate business, drive compliance, and maximize service. Contact us today at 888.486.2509 or Solutions@Vervent.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521803081/en/