Equiniti Pancredit has blended complementary skills and experience to deliver a full standby services solution for both funding lines and securitisation transactions.
The outsourced hosting platform is based on the same suite of technologies that underpin Core Pancredit, Equiniti Pancredit's flagship loan application, administration and collections system which currently servces major UK banks and financial institutions.
The day-to-day servicing element is delivered by Equiniti experienced personnnel and resource; in the event of invocation the service would activate and assume responsibility for back-office processing, call centre operations, servicing and collections team support.
HML are delighted to partner with Equiniti Pancredit on the provision of the standby services solution for MotoNovo Finance. Equiniti Pancredit provides the stable loan administration software platform and HML delivers the expertise and services required for these securitised portfolios of motor loans totalling over £600m. This was an exciting new partnership for us, Equiniti Pancredit has an excellent reputation for flexible and scalable lending software and we’re looking forward to working with them on future standby and securitisation opportunities.
Steve Rogers, Director of Securitisation Services, HML