Increase operational efficiencies
Confidence in your waterfall calculations, transaction activity, and compliance reporting is vital when making strategic business and investment decisions. Siepe delivers access to accurate data with full transparency to help you streamline workflows while increasing portfolio oversight and efficiency.
Trade Processing
Waterfall Calculations & Distributions
Portfolio Tracking & Administration
Cash Reconciliation – Forecasted vs Actual
Position & Data Attribution Reconciliation
Daily, Monthly, & Quarterly Compliance Reporting
THE SIEPE DIFFERENCE
BEST-IN-CLASS
Comparative advantage with top-tier trust/custody bank fully integrated with a specialized, tech-enabled administrator
QUALITY
Data integrity, client service responsiveness, and flexible reporting are the hallmarks of our offering
TRANSPARENCY
Daily reconciliation of cash, par and attributes and custom delivery of data files tailored to your needs
EXPERT STAFF
Additional layer of trustee client service staff with requisite experience and access to deal-level data
AUTOMATION
Electronic integration of trade ingestion, cash matching, money movements, redemptions, payments and settlements
TECHNOLOGY
Client Portal provides direct access to portfolios, cash, par, compliance results and thresholds with customized layouts
SERVICE TEAM MODEL
CLIENT SERVICES
- Documentation review and collaboration with deal parties, and warehouse/CLO/account closing
- Account onboarding/opening and management across entire transaction life-cycle
- Internal and external deal parties to meet governing requirements
- Coordinate with Trustee for transaction creation
- Design and implementation of quality control metrics and performance targets
ASSET ADMINISTRATION
- Day-to-day administration and tracking of transaction portfolio for interpreting and processing agent bank notices, credit agreements, and other governing documents
- Oversight of automated processes and agent bank notifications
- Daily data integrity validation and exception reporting, break investigation and resolution, circulates required daily reporting to clients
- Maintain or surpass internal quality control metrics and performance targets
TECHNOLOGY TEAM
- Development of client-facing reports based on client requests
- Collaboration with business stakeholders and 3rd parties to support business processes
- Identification of repetitive problems and develop permanent solutions
- Troubleshoot problems loading data from automated data feeds
- Work collaboratively with internal and external stakeholders
ANALYTICS & INVESTOR REPORTING
- Knowledge and understanding of various portfolio structures, compliance testing and required reporting
- Generate monthly and quarterly reporting with quarterly waterfall calculations
- Collaborate with Asset Administration Team for daily/monthly/quarterly cash and position reconciliation, manage reconciliations with Collateral Managers, and ensure data integrity
- Manage processes and deliverables and maintain internal quality control metrics and performance targets
SERVICES BY LOAN CYCLE
WAREHOUSE/CLOSING
- Compliance (if applicable)
- Par & Attribute Recons
- Cash Recons
- Flow of Fund (FOF) reconciliation
- Tie-outs 2 BD Prior to close
DAILY
- Cash Reconciliation
- Actual & Projected
- Position Reconciliation
- Traded & Settled
- Compliance Reporting
MONTHLY
- Compliance Report Generation
- Collateral Manager Reconciliation
- Cash
- Positions
- Attributes
- Test Results
QUARTERLY
- Waterfall Payment Calculation
- Collateral Manager Reconciliation
- Quarterly Report Generation
- Cash distribution calculations
- Waterfall and payment allocation
CASH AND POSITION RECONCILIATION PROCESS
CLIENT INTERFACE
Gain control of your portfolio data and reach decisions faster and with more confidence. Siepe’s portal provides multiple views across portfolios with varying dimensions of detail – fund strategy, asset level detail, cash and position activity, and portfolio compliance testing.
DASHBOARD
COMPLIANCE DASHBOARD
DAILY REPORTING
Receive daily reporting from Siepe’s middle-office team that reconciles end-to-end data attributes and cash transactions from third parties. Gain confidence in your beginning and end-of-day cash balances. Day-over-day changes on loan attributes and test results are circulated daily for easier month and quarterly tie-out processes. Run hypothetical trade scenarios through the portal to see pre- and post-trade results.
DAILY COMPLIANCE REPORTING
DAILY CASH RECONCILIATION REPORT
HYPOTHETICAL TRADE TEST
AUTOMATED RECONCILIATION
Siepe’s software allows for automated reconciliation of positions, asset attributes, cash activity, compliance test results, monthly/quarterly reporting and waterfall calculations. Siepe also allows clients to follow break resolution through an online dashboard.
CASH RECONCILIATION MODULE
POSITION RECONCILIATION MODULE
LOAN SETTLEMENTS
Siepe’s loan settlement team has extensive knowledge and understanding of LSTA/LMA settlement documents. Gain the confidence you need that Siepe will handle all trade documentation and execute settlements promptly and efficiently. Receive trade status reports with comments on where trades are in the process as we push for faster trade execution.
TRADE PROCESSING
Siepe seamlessly consumes trade feeds from the portfolio manager and will reflect trade versus settled cash balances across portfolios. Ensure third parties reflect position and balance updates in our daily tie-out process to ensure your portfolios reflect the correct par amounts per position.
ASSET ADMINISTRATION
Process agent bank notices and reconcile actual versus projected cash. Proactively follow up with third parties and agent banks on any data breaks. Siepe will track asset attributes and reconcile against third parties to ensure all data is accurately reflected in our system.
ISSUER AND INSTRUMENT PAGES
CLICK-THROUGH FROM TRANSACTION TO NOTICES
Collateral Administration Add-On Modules
Third-Party Data Management
Multi-Fund Pre-Trade Compliance
Performance Attribution & Benchmarking
Expense Tracking & Allocations
Financial Statements
Interested in learning more?
Download the product sheet for more information.
"*" indicates required fields