The Loan Market and the Digitisation ImperativeRead more
The operational and settlement aspects in the syndication process are far-reaching and have a significant impact on the efficiency of the transaction process. We seek to bring about increased efficiencies and standardisation.
One way in which this challenge is faced is through the European Loan Operations Committee.
Settlement Working Group
This Group explores innovative solutions aimed at alleviating the prolonged market settlement times seen across Europe. The Group is open to all members and if you would like more information, please contact Nigel Houghton.
We, in collaboration with Finastra, are delighted to announce the launch of the first in a three part series looking at digitisation in the loan market.
In this first article, we identify the building blocks necessary to permit the change to digitisation – a change that has the potential to transform and grow the loan market.
Key challenges facing agents during the completion of a primary syndicated lending transaction and the primary syndication process.
E-learning course comprised of 10 modules providing an overview of the syndicated loan market.
The "Escalation Matrix" seeks to provide institutions with a direct line to a senior member in their trading counterpart, who may be able to progress, or explain, any delay to a transaction where communication between the two parties has broken down or become frustrated.
We invite all LMA members to participate in this initiative, by completing the template and sending to Nigel Houghton or Gemma Lawrence-Pardew. Please contact us if you have any questions.
The LMA and LSTA have together launched a standard Administrative Details Form ("ADF") to be used in transactions globally. Whilst not all fields will be relevant to every transaction, it is hoped this template will constitute a market standard for communicating key administrative details. It is hoped that broad based adoption of the ADF will lead to efficiencies in both time and effort in compiling this detail.
Furthermore, the LMA has produced an Agency Details Form, which is to be used alongside the ADF. This form complies key agent and settlement details which should be used as a template