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Calculation Agent for an ENABLE Guarantee transaction

British Business Bank Published 28 Sept 2023 Contracts Finder

key details

Value£85,000
Statuscomplete
Category (CPV) 66110000
Deadline26 Sept 2023
Contract start10 Oct 2023
Contract end9 Oct 2038
SME suitableNo
OCIDocds-b5fd17-dd5680ee-a3ad-45b3-90ed-2c92f5f4571e

Award

SupplierValueDateStatus
Citibank, National Association £85,000 26 Sept 2023 active

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

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
28 Sept 2023 Award (award) · 2093d2c6-371d-4a5f-a1c7-cdf26c43d577-684233

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source

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