Introducing an innovative, integrated solution Stream Platform...ANA EDE FINANIAL GROUP 170...
4
Introducing an innovave, integrated soluon... ...to opmize the value of your insolvencies • Maximizes value yielded from insolvent accounts for your organizaon • Minimizes operaonal burden and capital requirements • Enhances decision-making with customizable real-me reporng and analysis • Offers either servicing or purchasing capabilies • Maintains centralized control over informaon exchange with trustees Canaccede creave specialty finance
Transcript of Introducing an innovative, integrated solution Stream Platform...ANA EDE FINANIAL GROUP 170...
Introducing an innovative, integrated solution...
...to optimize the value of your insolvencies • Maximizes value yielded from insolvent accounts for your organization
• Minimizes operational burden and capital requirements
• Enhances decision-making with customizable real-time reporting and analysis
• Offers either servicing or purchasing capabilities
• Maintains centralized control over information exchange with trustees
Canaccede creative specialty finance
Canaccede creative specialty finance
Canaccede is an active manager of its
accounts
• We have a vested interest in optimizing
the value from accounts.
• We maintain a positive reputation with
the insolvency community.
• We protect your brand at all costs.
InsolvencySTREAM administers and
values insolvent receivables.
• Customized solution for your
organization’s specific needs.
InsolvencySTREAM is available as a
service-only or a dual service and sale
solution.
• Offers either or both servicing and
purchasing functions.
• We optimize your return while limiting
unnecessary operational burdens for
your organization
Create Greater Value
• Blended Economics—Servicing and investment activities do not each need to
attract a margin because we share economics. This means Canaccede has the ability
to price assets as a strategic acquirer instead of a solely transactional buyer.
• Lower Risk Premiums—Front-end management allows for greater transparency
into underlying proposals, enabling a lower required risk premium and therefore
higher pricing for the seller.
• Discount Rate Arbitrage—Assets that require full capital allocation need to be
discounted at your organization’s equity returns, whereas Canaccede can purchase
these at lower unlevered discount rates.
• Pass-Through Benefits From Enhanced Recovery—By selling at the pre-proof of
claim stage, Canaccede is able to control the contestation strategy. This allows us
to optimize the recovery levels and ultimately pay a higher price than a post-POC
forward flow sale.
LIQUIDITY BENEFITS
FAVORABLE PRICING
• Upfront Monetization—Sale of accounts at an early stage maximizes liquidity and
ensures the salvage value on insolvency losses is predictable and stable.
• Return Enhancement—As a cash flow stream from insolvency, assets cannot be
borrowed against. Realizing a sale upfront allows proceeds to be leveraged and
directed towards core activities and optimizes returns.
• Flexible Execution—We bring responsive and flexible execution that meets your
needs. This includes ongoing purchase commitments which provide price certainty
and insulates your organization from economic and performance risk over long
horizons and for year end transactions with short delivery time frames.
WHY CANACCEDE?
RISK MANAGEMENT
• Credit Risk—Under a sole-servicing arrangement, the credit risk associated with the liquidation of the accounts remains with your organization. If economic conditions worsen and liquidation rates decrease or annulment rates increase, that cost is borne fully. Under our sale solution, you fix the salvage value on insolvent accounts and eliminate these risks.
• Limit Exposure—A centralized insolvency management platform that serves multiple creditors generates operational efficiencies that helps limit exposure to multi-relationship borrowers.
• Loss Provisioning—Selling your impaired loans enhances the reliability and accuracy of your loss forecasting and allows you to manage loss provisions for stability and consistency from period to period.
• Capital Requirement—Sale of impaired loans allows your organization to minimize the associated risk-weighted asset and free up capital from non-core assets.
• Reputational Risk—As Canaccede deals with trustees through a prescribed process and not consumers directly, there is no effect on customer relationships or brand
Canaccede creative specialty finance
We Are Truly Unique
• We are the only purchaser of
insolvency receivables with
experience in forward flow
acquisitions from Schedule 1 banks.
• We have the ability to both service
and acquire portfolios of any size
across the credit spectrum.
End-To-End Solutions
• Canaccede is the only fully-integrated
service and purchasing provider in
Canada. We don’t outsource
administration.
• Through our innovative internal
management structure, we arrange
both administering and purchasing
agreements.
Risk Management
• We can assume credit and operation
risks with the portfolios while
providing recovery stability. COST CONTROL
• Avoid Greenfield Costs—Lower total cost of ownership and avoid upfront costs associated with resurrecting legacy systems and processes, the amortization of which diminishes future earnings.
• Eliminate Redundant Costs—By selling pre-filing, you eliminate expenses associated with upfront proof of claim filing, ongoing servicing, compliance adherence and operational risk.
• Removal sale stage—no long issuing of “Notice of Assignment” to financial buyer further improves the efficiency and reliability of trustee relationships.
• Resource Reallocation—Reallocate resources to focus on higher margin activities and higher growth areas for your core operations.
• Economy of Scale—By centralizing insolvency management and trustee interaction, average administration costs are diminished. This allows us to develop this resource-intensive function that benefits multiple parties.
CANACCEDE FINANCIAL GROUP 170 University Avenue, Suite 901 Toronto, Ontario M4K 3G2
647.729.0414 ph 416.800.8753 fax
www.canaccede.com
ABOUT CANACCEDE FINANCIAL GROUP
Canaccede is Canada’s largest multi-asset receivables acquirer & servicer with
extensive experience managing assets in a wide spectrum of delinquency levels
requiring differing realization strategies.
• With offices in Toronto and London (Ontario), the company manages over $4
billion in receivables across more than 600,000 Canadian accounts.
• Extensive experience in the insolvency processing and management industry,
across numerous asset classes.
• All technology is designed to allow our partners to use existing protocols by
employing a flexible, advanced infrastructure designed to integrate across
multiple platforms.
For more information on InsolvencySTREAMTM, please contact any of the following people
Bryan Szemenyei Michael Chiu Paul Sekhon Mark Daprato
Chief Treasury and Business Development Officer
Director, Corporate Development
Chief Technology Officer Chief Commercial Officer
[email protected] 647.729.0414
[email protected] 647.725.6195
[email protected] 416.775.9611
[email protected] 416.775.9628
