Calculation Agent for an ENABLE Guarantee transaction

A Contract Award Notice
by BRITISH BUSINESS BANK

Source
Contracts Finder
Type
Contract (Services)
Duration
15 year
Value
£85K
Sector
BUSINESS
Published
28 Sep 2023
Delivery
10 Oct 2023 to 09 Oct 2038
Deadline
26 Sep 2023 23:00

Related Terms

Location

Geochart for 1 buyers and 1 suppliers

Description

The Agency Services Provider will perform the functions outlined below. 1.Performance and analytics of synthetic securitisation transactions a.Typically quarterly performance reporting including reporting any reporting required under the Securitisation Regulation b.Annual discretionary review of the systems and processes which ensure business continuity by minimizing risks while providing compliance with legal and statutory requirements c.Guarantee performance analytics d.Calculation of premia 2.Actions testing a.Suitability testing for replenishments based on data fields in the dataset b.Checking eligibility of the guarantee assets c.Communicating guarantee claims to the British Business Bank payment unit

Award Detail

1 Citibank National Association (London)
  • Value: £85,000

CPV Codes

  • 66110000 - Banking services

Other Information

Please follow this link to view the notice https://www.delta-esourcing.com/delta/respondToList.html?noticeId=812223610

Reference

  • BIP812223610
  • CF 2093d2c6-371d-4a5f-a1c7-cdf26c43d577

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