Accurate Calculations Are Critical to Confidence
Sophisticated financing structures depend on accurate, independently verified calculations. When calculations sit solely with one party to a transaction, other stakeholders lose confidence. Independent calculation agent services provide the objectivity structured transactions require.
Independent, Consistent, Verifiable
Interest Calculations
Accurate, independently verified interest calculations across complex structures.
Fee Calculations
Consistent calculation of fees tied to transaction terms.
Payment Determination
Independent determination of payment amounts and timing.
Transaction Reconciliations
Ongoing reconciliation of calculated figures against transaction records.
Structured Finance Support
Calculation support specific to structured and securitized transactions.
Ongoing Calculation Oversight
Continuous oversight taking into account any amendments to the transaction terms and conditions.
Objectivity Stakeholders Can Rely On
Having an independent calculation agent gives every party to a transaction, lenders, borrowers, and investors, confidence that the numbers are correct and unbiased. This matters most in transactions with multiple stakeholders and complex payment waterfalls.
Built for Structured Finance Participants
We support structured finance participants, securitization issuers, lenders, borrowers, and investors who need independent, reliable calculations on complex transactions.
Powered by PCS/1
PCS/1 supports complex cash flow and covenant logic, giving our calculation agent services the technology backbone to handle bespoke transaction structures accurately and consistently.
Frequently Asked Questions
Choosing an operational partner is an important decision. Whether you’re moving away from spreadsheets, replacing a provider, or preparing for growth, we’re committed to providing the transparency and expertise you need to make an informed choice.
What is a calculation agent?
A calculation agent independently calculates figures such as interest, fees, and payment amounts for a transaction, providing an objective, unbiased source of truth for all parties involved.
What types of calculations do you provide?
Interest calculations, fee calculations, payment determination, transaction reconciliations, and ongoing calculation oversight for structured and private credit transactions.
Why do transactions need an independent calculation agent?
Independent calculations give all stakeholders, lenders, borrowers, and investors, confidence that figures are accurate and unbiased, especially in transactions with complex payment waterfalls.
Who typically uses calculation agent services?
Structured finance participants, securitization issuers, lenders, borrowers, and investors involved in complex financing structures.
What technology supports these calculations?
Our proprietary platform, PCS/1, handles complex cash flow and covenant logic to support accurate, consistent calculations.
