Who we serve / CLO managers
Make CLO settlement, reconciliation and reporting routine.
CLO operations combine high volumes with tight deadlines. Loan trades must settle, the manager’s records must agree with the trustee’s, and each transaction has its own reporting cycle. We help CLO managers turn settlement, reconciliation and reporting into dependable, repeatable processes.
Operational pressures
What makes operations demanding for CLO managers.
- Settlement is often slow and manual
- Each loan trade requires internal approvals, settlement documents and wire instructions, and many trades are open at the same time.
- Two sets of records
- The manager’s portfolio system and the trustee’s records must agree on every position and every cash movement, in every transaction.
- A reporting cycle per transaction
- Monthly reports and compliance tests recur for every CLO the manager oversees, each with its own dates and parties.
How we engage
Consulting, software and managed services for CLO managers.
Operations advisory and transformation
Advise
We review how settlement, reconciliation and reporting are performed today, and redesign those processes so they can accommodate further transactions.
Data and technology implementation
Build
We implement TradePath for loan trade settlement, SmartRec for trustee reconciliation and Levfolio Collab for the reporting cycle with trustees.
Managed investment operations
Run
Our fund operations staff perform settlement and reconciliation, and escalate to the manager only when a decision is required.
Relevant products
Products CLO managers most often start with.
Loan trade settlement
TradePath
Works alongside ClearPar to manage approvals, settlement documents and wire memos, and keeps a complete archive for audit.
TradePathContinuous reconciliation
SmartRec
Reconciles positions, cash and activity daily against custodians, trustees and internal systems, and tracks each break to resolution.
SmartRecLeverage facility optimization
Levfolio
Models borrowing bases across facilities so financing decisions can be tested before capital is committed.
LevfolioDiscuss your priorities.
Describe the operational issue that most concerns you. A senior member of our team will respond.