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Home > Case Studies > Issuer Deal Maintenance
Issuer Deal Maintenance

Challenge:

  • Our client, a high-yield asset manager, required robust models for managing their high-yield and loan Collateralized Debt Obligation (CDO) portfolios.

  • Every provision in the cash-flow waterfall had to be modeled and nuances of different high-yield and loan receivables had to be tracked.

Byte’s approach towards Solution

Our modeling team created models for each of the client’s deals from original deal documents.

These models were built with the flexibility to run any combination of default, loss and prepayment scenarios, and incorporated all required compliance tests.

Monthly portfolio changes in collateral and deal structure were automatically incorporated into the deal models.
 

Value Add

The cost of ownership of creating detailed cash-flow models for managing each of the asset manager’s transactions was greatly reduced.

Client was able to access our structuring team’s expertise without having to hire seasoned professionals.
 

 
Case Studies