Computershare > Corporate Trust > Asset-Backed Securities
 

Comprehensive, customer-driven services

As a provider of asset-backed securities (ABS) with more than $186 billion in current issuance, Computershare Corporate Trust offers integrated services for securitizations, warehouses, and structured finance deals.

Our key responsibilities include trustee, cash and information processing, backup servicing, and document custody. Experienced and knowledgeable, our dedicated ABS team delivers competitive trustee, analytical and agent services to more than 450 public and private issuers1.

 

Why Computershare

  • Complete package of integrated services for securitization and warehouse transactions
  • Strong relationships with deal parties including rating agencies, issuers, investors, and underwriters
  • Deep industry experience coupled with integrated sales, business development, and client service teams
  • Senior managers and professional staff averaging 20+ years of ABS experience
 

Services Offered

Trustee and paying agent
  • Manage trust accounts and daily cash
  • Manage trust compliance items
  • Invest trust funds as directed
  • Prepare and distribute monthly cash reports
  • Verify servicer reports
  • Provide investor reporting to bondholders
  • Manage amendments to transaction documents
  • Establish accounts and maintain required funds
  • Distribute principal and interest payments
  • Distribute funds to closing table in “real-time”
  • Manage OFAC exceptions
  • Provide online 24/7 account access via the Computershare TrustConnectTM Platform
Backup Servicing

Our backup servicing team provides comprehensive support in the event of default. We have provided backup servicing on more than 500 deals spanning 25 asset classes and have executed over 100 transitions from primary servicer to successor servicer.

  • Perform comprehensive operational reviews of servicers
  • Facilitate data-mapping with contingent servicers
  • Maintain and verify receipt of electronic data and collateral level information
  • Verify monthly servicer reports and provide certifications
  • Validate trigger monitoring and collateral performance reporting
  • Prepare to transition servicing in event of default
  • Maintain transition plans
 
Document Custodian

Our ABS Document Custodian team currently holds 4.7 million collateral files across approximately 25 different sectors and is part of a highly sophisticated custody operation of over 12.8 million files2.

  • Fast initial certifications
  • Comprehensive reviews of each file for required loan documents
  • Safekeeping/inventory control
  • Ability to release files within 48-hours turn-around commitment
  • Maintenance of a customizable collateral tracking system
  • Electronic custody
Delaware Statutory Trust
  • Trustee
  • Paying agent
  • Escrow agent
  • Custodian
  • Disbursement agent
 
Calculation agent
  • Create dedicated payment calculation tools based on thorough review of governing documents
  • Support initial and ongoing fundings between lenders and borrowers (monthly, weekly, daily)
  • Generate deal compliance package inclusive of concentration, eligibility, and performance testing and work with deal partners to resolve exceptions
  • Generate determination date statements comprising monthly waterfall, borrowing base/margin reporting, interest calculations, and prepayment/release data
  • Provide additional reporting for syndicated lenders
  • Dedicated team for each transaction
 

Asset Class Specialization

Our specific asset class expertise helps ensure strong execution with deal closings as well as administration.

Core Focus
  • Auto loans and leases
  • Business loans
  • Consumer unsecured loans
  • Equipment loans and leases
  • Life settlements
  • Renewable energy/solar
  • Structured settlements
  • Timeshare loans
Additional Experience
  • Credit cards
  • Floorplan loans
  • Healthcare receivables
  • Intellectual property
  • Insurance assets
  • Student loans
 

Additional information

Get information about your registered bonds or contact us at bondholdercommunications@computershare.com or 1-800-344-5128. Our mailing address is: Computershare Corporate Trust, 1505 Energy Park Drive, St Paul, MN 55108.


1-2 Computershare internal data as of December 31, 2023.

 

Why Computershare?

Computershare Corporate Trust is an industry leader with USD$5.8 trillion of debt under administration, USD$342.7 billion in assets under administration and cross-border capabilities including USD$1.3 trillion in funds movements across 75+ currencies in foreign exchange and distributions.

$5.8 Trillionof debt under administration
$342.7 Billionin assets under administration
$1.3 Trillionin funds movements

Contact Us

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Wells Fargo CTS is now Computershare Corporate Trust

We offer a wide range of services that fulfill our clients’ unique and emerging needs in corporate and structured finance, debt issuance and mergers and acquisitions (M&A).

With the acquisition of Wells Fargo CTS in November 2021, Computershare Corporate Trust is among the top providers in the US ranking #1 in CMBS, CRE CLO and top 3 in RMBS, CLO, ABS, Convertible and High Yield Debt. Our team of more than 2,000 employees continues our commitment to delivering the highest standards of service and value to our entire client base.