Covered Bonds Administration

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Covered Bonds Administration Automation

TAO Solutions’ SaaS applications simplifies and automates the administration of a covered bond program at every stage of its lifecycle


Whether its establishment of a new or a migration of an existing program, TAO Solutions is a world leader in automated, cloud hosted covered bond administration software.  As a member of the European Covered Bond Council, our software and implementation framework is designed to effectively enable all market participants to migrate from legacy systems and effectively introduce industry best practices from an operational, risk management and regulatory viewpoint. 


Our SaaS solution is highly configurable and designed to address individual customer requirements as well their respective cyber security protocols.  This includes the ability to host the solution in your required jurisdiction as well as the option of an on-premises installation.
 

Still managing your cover bond program using a legacy system or manually in Excel™? 

SecureHub takes covered bond administration to the next level…

  • Manage numerous programs and issuances simultaneously across multiple jurisdictions and currencies
  • Algorithmically build compliant cover and top-up pools in seconds 
  • Easily Configure asset coverage tests, market valuations, stratifications, and other programme elements
  • Produce stakeholder reports and the Covered Bond Label Harmonized Transparency Template (HTT) at the click of a button
  • Maintain complete programme history for the ultimate audit and traceability experience
  • Effortlessly load and manage asset-level data from multiple source systems
  • Work remotely, collaboratively, and securely in a 100% SaaS cloud solution
  • Vendor support and maintenance as per your requirements

Covered Bonds SaaS Solution


 TAO Solutions' Covered Bonds SaaS Solutions offers a range of features to support the issuance, administration, and monitoring of a covered bond program. Some key functionalities that may be provided by TAO's covered bonds credentials include:

  1. Issuance Management: The software automates the pooling and sale process, allowing users to create and manage covered bonds programs, generate asset pools for subsequent sale, and generate the necessary reporting for managment purposes.
  2. Asset Pool Management: It enables users to monitor, repurchase and manage the underlying assets that back the covered bonds program, including tracking loan level performance, collateral valuation, and eligibility criteria status.
  3. Transaction / Waterfall Cash Flow Modeling: The software includes a unique tool to model and analyze the cash flows associated with the covered bond portfolio, considering the specific factors associated with each progam including the legal documentation, credit support provided and the financial instruments required to support cross-boarder issuances.
  4. Compliance and Reporting: TAO Solutions' Covered Bonds administration software delivers the regulatory compliance by providing configurable reporting functionalities to meet disclosure requirements and ensure adherence to applicable regulations.
  5. Investor Relations and Reporting: Automate month over month investor reporting requirements including direct access to relevant information to support on-going investor questions.  TAO Solutions provides as an out-of-the-box solution the Covered Bond Label HTT (Harmonised Transparency Template) that is widely accepted as the industry standard.
  6. Risk Management: TAO offers risk management capabilities, including a powerful business intelligence tool to assist with monitoring the covered bond porgam and related underlying assets, valuations, forecasting and stress testing.  Data can also be extracted to support downstream systems.
  7. Accounting and Valuation: TAO provides accounting functionalities specific to covered bonds, including valuation methodologies, interest accruals, and reporting of financial results.
  8. Rating Agency Feeds: TAO provides rating agency feeds to support new issuance and the on-going surveillance activities required.


TAO Solutions configures its software to address the specific needs of the financial institution issuing the covered bonds. By introducing industry best practices, this enables us to aligns with the organization's operational requirements and regulatory obligations.


TAO's covered bond software solution can be hosted or installed on-premises.  The TAO Solutions hosted model includes the montoring and management of IT infrastructure (including updates and patches), thereby reducing the need for customers to address hardware related requirements. 


TAO Solutions' Rapid Covered Bond Implementation Framework


TAO Solutions is an authority in implementing covered bond programs and we have developed a Rapid Covered Bond Implementation Framework that seeks to minimize the risk of long, drawn-out and expensive implementations. Our framework lays out a complete roadmap to implementation success in 6 months and allows a potential client to understand all critical deliverables, milestones, and resources required during the project.


Understanding the necessary data and reporting requirements needed to run a successful covered bond program is seen as critical for a successful implementation.  Equally important is the need to address future business needs, including using Harmonized Disclosure Templates (HDT) reporting.


Built for ESG Activities

TAO Solutions offers covered bond issuers comfort that its technology houses the necessary infrastructure to support ESG related issuance activities and the required digital transformation for its customers. 


Unparalleled Knowledge and Expertise for Digital Transformation


As a member of the European Covered Bond Council (ECBC), and with current clientele administering covered bond programmes globally, constituting more than €95 billion of issuance, you can be assured that TAO Solutions has the requisite skills and experience to tackle any covered bond mandate. As well, with a cloud-first design, modern technology stack, and extensive features, only SecureHub can deliver on the true potential of digital transformation for your covered bond administration activities.

Global Reach

With clients in North America, UK / Europe and Asia Pacific, TAO Solutions is well positioned to provide its customers with the required global support necessary for its business requirements. 


Simplified Pricing with Exceptional Client Service

Confused with traditional enterprise software pricing models? TAO Solutions has long been a proponent of simplified pricing for many years and offers its technology as a flexible cloud-hosted service. TAO Solutions also delivers sound customer service which operates from three global offices. Our service delivery specialists ensure a successful implementation of the product and ongoing support, training, and consulting services.


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