Secondary Loan Trading
Secondary Loan Trading involves the trade of syndicated loans in the secondary loan market. Below are the various service operations involved to create and maintain the various types of trade products.
Create a Trade
POSTCreate a trade for a syndicated loan as initially agreed upon between counterparties.
Accept Trade
POSTConfirm the trade when all the parties involved agreed the terms and conditions of the trade.
Update Trade
POSTUpdate additional details in trade.
Update Consent
POSTUpdate borrower consent for trade
Update Commitment
POSTUpdate the trade due to changes in commitment amount being traded.
Approve Trade
POSTFinalize the trade to verify all necessary details are available.
Show Pricing Letter
POSTIssue pricing letter to the counter party for a final settlement amount.
Calculate a Trade
POSTSettle the trade in bank books.
Cancel Trade
POSTCancel the trade in bank books.
Update Charges
PUTAmend charges already authorized in the trade
Fetch Charges
GETView all the charge details for a given trade.
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View all the trade products
Arrangement Maintenance
Manage tangible asset contract lifecycle actions
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Renegotiation of the terms & conditions of the chattel mortgage agreement
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Renegotiation of the terms & conditions of the lease agreement
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Rengotiation of the terms & conditions of the chattel mortgage agreement
Update Parties
POSTChange the parties involved in the asset finance agreement. The parties, simply are the customers acting as a lessee, guarantor or joint lessee.
Update Settlement
POSTUpdate the settlement instructions of the customer in order to transact with the asset finance agreement.
Update Officers
POSTChange the relationship/account officers who is dealing with the lessee's agreement.
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Update payment holiday for leasees , hire purchase and chattel mortgage asset finance agreements