MONEY MARKETS
It is a funding tool designed to manage a pool of loans and securities (collateral) assigned to Banca d’Italia as a guarantee for refunding transactions with the ECB.
ABACOPool aims to streamline the processes and maximise liquidity.
A platform, which computerises the process to collect, validate and send Unsecured market data as required by EMMI (European Money Market Institute), as part of the Hybrid Euribor project.
It handles the relevant obligations for the synthetic securitisation of a loan portfolio. It interfaces flexibly with Bank systems to acquire and manage the portfolio to be securitised. It keeps the distribution and composition of the tranches up-to-date according to operating results, and offers numerous parameterisation options to reflect the specific details of each contract. It supports internal and external reporting, the management of enforcements/refunds and the contribution of information managed for Supervisory purposes.
An innovative platform, which acquires information on the loans disbursed, and operates ex-ante “data quality” checks, by using a completely dynamic approach to apply improvement rules. It prepares the templates envisaged by the European Data Warehouse.
The platform, which computerises the process to collect, validate and send Secured, Unsecured, Foreign Exchange Swap and Euro Overnight Index Swap market data as required by the ECB. From 2019, MMSR will be the trigger to calculate the new ESTER rate.