Credit Servicing

We support banks, funds and other financial operators that are in need of reliable monitoring of corporate loans and receivables, with a special focus on UTPs.

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Collaborations
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Billion Euro

Experience and market leadership in restructuring

Knowledge of market dynamics and management processes

Know-how and capacity for technological innovation

LAS offers a large package of professional services and specialized and customizable IT products, that efficiently monitor and manage forecasts, obligations and documentation of any financial product, as well as having an in-house core banking and dynamic credit assessment software.

  • Core-Banking platform (CAL LAS) for middle-office management of credit funds/securitisation SPVs (UTP, direct lending, …)
  • SaaS Platform (CAL LAS) for receivables and/or contracts’ monitoring
  • UTP credit lines Onboarding
  • Contractual claims and representation
  • Power of Attorney
  • Custom made additional services

LAS’s IT innovation

LAS LAB is a fintech start-up founded by LAS in collaboration with TXT e-solutions, aiming to provide scalable tools to manage bad debt and meet different needs.

Main functions:

  • Credit lines management, amortization plans, early repayments, drawdowns, payment notices
  • Interactive calendar to track contractual obligations with reminder/alert mechanisms
  • KPIs, milestones and covenants verification
  • Summary / reporting / monitoring / CR / ad hoc documentation and reporting
    ad hoc
  • Management, Monitoring and Activation of warranties
  • Predictive NAV and TIR Calculation models for a Target and/or a portfolio
  • Temporary data-rooms and online document sharing

Main functions:

  • Credit lines management, amortization plans, early repayments, drawdowns, payment notices
  • Interactive calendar to track contractual obligations with reminder/alert mechanisms
  • KPIs, milestones and covenants verification
  • Summary/reporting/monitoring/CR/ad hoc documentation and reporting
  • Management, Monitoring and Activation of warranties
  • Predictive NAV and TIR Calculation models for a Target and/or a portfolio
  • Temporary data-rooms and online document sharing

Major customers

Funds (e.g. direct lending, bond, distressed debt) and other financial operators (e.g. Servicer, AMCs, etc…)

that require flexible, adaptable tools to handle credit and investment strategies

Banks

that need advanced monitoring of specific credit lines, in order to improve managerial, evaluative and decisional procedures.

Relevant collaborations

We boast framework agreements and collaborations with important players

CAL LAS
Software supply
In 2022 we entered an agreement with a banking institution for the development and the use of CAL LAS platform as SaaS, in order to improve the monitoring of it’s corporate bonds, bilateral and pooled contracts.
Monitoring and agency services
In 2022 LAS entered a framework agreement with a financial intermediary specialized in master servicing in which we support the fund’s needs providing agency and monitoring services for corporate financing operations.
UTP credit lines Management
Since 2021 collaboration with a company leader in UTP’ management, supporting and managing, with our tailor-made services, UTP credit funds for an approximate total value of 350 million Euro.
UTP credit lines onboarding
Since 2020 LAS entered a collaboration with a primary player in credit management services for banks and investors, aiding the transfer of UTP exposures to a dedicated fund. LAS supported the Fund in the onboarding phases, more specifically in the Data Remediation and Data Quality activities of the acquired credits worth over 1 billion euro.
UTP and performing credit line management
Since 2020 collaboration with a company leader in the management of UTP funds, managing the credit lines worth up to 300 million Euros, with tailor-made services thanks to our web platform, CAL LAS. In 2022 the collaboration was extended to the new private debt fund launched by the company.
Framework Agreement for financial covenants verification
Since 2017, Framework agreement with a major Italian bank for the annual verification about the compliance of the financial covenants of medium-long corporate loans.

We are available for assistance and information about our services