- service integrates best-execution transaction technology with access to 2,000+ investors.
- transaction management is digitalised and optimised, from investor onboarding to auction parameters, enhancing buyer-seller interactions and reducing transaction times
- services align with European Commission guidelines for NPL sales via secondary markets, enhancing risk management and regulatory compliance
Frankfurt – March 7th, 2023: Debitos, the leading secondary debt transaction marketplace in Europe, has developed a service tailored for transaction advisors that blends software-as-a-service (SaaS) with a suite of proprietary tools that amplify investor reach, streamline transaction management, and enhance transparency.
The premium subscription service provides transaction advisors access to Debitos’ exclusive network of more than 2,000 international secondary debt investors (categorised by country, trading category, and ticket size). This unparalleled access broadens opportunities for transaction advisors seeking optimal investment matches.
Furthermore, the service empowers advisors with superior transaction management oversight, automating critical processes such as investor onboarding, securing NDA commitments and auction parameter setting (e.g., defining auction duration and reserve prices). In addition, previously manual Q&A spreadsheets are digitalised and buyer-seller interactions are optimised, with the platform supporting multiple formats to execute transactions (e.g., Indicative Bidding, Sealed Binding Bidding and British Auction). These efficiencies have the potential to reduce transaction times by up to fivefold, enhancing operational effectiveness and transparency.
Transaction advisors can also leverage Debitos’ scalable platform to manage multiple transactions simultaneously, including deals above €200 million in gross book value (GBV), with a backend funnel overview to ensure all important transaction activities are monitored. Debitos capitalises on the latest technology to convert customer datatapes into EBA NPL format and present them in a sophisticated interactive visual Analytics Suite.
The new transaction advisors services also aligns with the European Commission’s guidelines for the best-execution process in sales of non-performing loans on secondary markets, ensuring your transactions meet regulatory standards.
Timur Peters, CEO and Founder of Debitos, says, “Our new premium subscription service transcends conventional capabilities of virtual data room (VDR) providers to offer a comprehensive ecosystem supporting the entire lifecycle of secondary debt transactions. From due diligence to data analysis, and from investor matchmaking to regulatory compliance, our platform provides transaction advisors with the tools they need to succeed in the fast-evolving secondary debt marketplace.”
Timur Peters added, “Taken together, our package is a hybrid offering combining advisory functionality with software-as-a-service features which increases efficiency, transparency, compliance and investor engagement which collectively can reduce bid-ask spreads.”
The Debitos VDR Subscription Plan launches in March.
About Debitos
Debitos is the leading loan transaction platform in Europe that enables banks, funds and companies to sell their credit exposures on the market through its open and transparent auction-based online transaction platform.
The platform leverages on the digitalization of the entire sale process and can reduce the expected disposal timing to 3-8 weeks compared to 3-6 months of the traditional process. Debitos was founded in Frankfurt in 2010 and has since successfully transacted more than 800,000 loans in 16 countries. By now, more than 1,700 investors from all over Europe have registered with Debitos.
Tags: 2024, launch, transaction advisor
Read the orginal article: https://www.debitos.com/news/debitos-launches-innovative-subscription-service-for-transaction-advisors/
