Solutions for Banks

Based on the Portfolio Insights the Bank can decide the strategy to follow:

Hold and Restructure viable cases which can become performing. ICAP has extensive experience in:

• Restructuring and resolution services
• SMEs workout services
• Implementation of restructuring plan with scenarios & key objectives
• Implementation of plan
• Monitoring of restructuring plans (trustee and CRO Services)

A change of exposure type is an NPL Management option which ICAP supports by providing consulting and expert due diligence services on:

• Foreclosure, debt to equity swapping, debt to asset swapping and/or collateral substitution l Corporate finance
• Restructuring
• Refinancing

A segment of the portfolio assessed by the ICAP methodology will be candidate for sales and/or write off. ICAP provides advisory services supported by data management and technology services to:

• Prepare the Data room (Bank data, ICAP data, Analytics results) which includes Collaterals and digitization of physical folders
• Support transactions including data quality verification, credit file review and IFRS9 Impairment calculations
• Pricing of portfolio linked to provision adequacy, collateral valuations, data quality and NPL investor demand.
• Support of the sales cycle

The above services can be supported by Legal services (optional) ICAP provides through specialized legal firms, partners of ICAP:

• Insolvency proceedings
• Out-of-court solutions
• Expert role for out of court workout process

Investors and Servicing firms. Additional services for Servicers and Investors:

• Development of the NPL Strategy
• Operational Improvement and setup
• Identification of opportunities and targeted industries or portfolios.
• Implementation of the strategy: Technologies, Analytics and ICAP methodologies and data, Co-sourcing/outsourcing activities including staff sharing.
• Recruitment of new Management for firms under management

The third pillar in the NPL Ecosystem are the firms/ debtors which have been diagnosed as viable. For those firms ICAP CRIF and BOARD SA a Partner of ICAP CRIF, provide turnaround management services such as:

• Planning
  • Assist in formulating the company’s future direction and supporting tactical initiatives
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital request and budgeting processes
  • Develop performance measures and monitoring systems that support the company’s strategic direction

• Operations
  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
  • Oversee the financial operations of subsidiary companies and foreign operations
  • Manage any third parties to which accounting or finance functions have been outsourced
  • Oversee the company’s transaction processing systems
  • Implement operational best practices
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition due diligence and negotiate acquisitions

• Funding
  • Monitor cash balances and cash forecasts
  • Arrange for debt financing and equity financing
  • Invest funds
  • Invest pension funds

• Financial
• Oversee the issuance of financial information
• Personally review and approve all Form 8-K, 10-K, and 10-Q filings with the Securities and Exchange Commission (if the company is publicly held)
• Report financial results to the board of directors
• Risk Management
• Understand and mitigate key elements of the company’s risk profile
• Monitor all open legal issues involving the company, and legal issues affecting the industry
• Construct and monitor reliable control systems
• Maintain appropriate insurance coverage
• Ensure that the company complies with all legal and regulatory requirements
• Ensure that record keeping meets the requirements of auditors and government agencies
• Report risk issues to the audit committee of the board of directors
• Maintain relations with external auditors and investigate their findings and recommendations

• Third Parties
  • Participate in conference calls with the investment community
  • Maintain banking relationships
  • Represent the company with investment bankers and investors

Our team of experts in Greece focusing on NPLs combine skills from financial services, credit risk assessment, operational improvement, cost optimization, transactional and tax advisory and provide workable and practical solutions and services addressing NPL management.

• The software constitutes the essential tool for supporting budgeting, fund and strategic planning in order to find the optimal balance between Risk and Profitability, while anticipating the corresponding impact in terms of Compliance with RegulatoryRequirements. It uses customized trees enabling multiple waterfall logics to insert strategies on new volumes and spreads, with “cascading” mechanism on the lower hierarchical levels.Our software solutions offer several Reporting Tools fitting all purposes:
  • Dashboard Reporting, for high-level and graphical representation of integrated risk and performance indicators
  • Pivot Reporting, for interactively breaking down calculated indicators and drilling down to single-deal level.

   

  The Reporting solution represents both contractual & behavioral profiles. While the Pivot Reporting solution enables to interactively change dimensions, hierarchies, filters and buckets. The Dashboard Builder module allows users to add calculated values based on available indicators.