Oxane Partners wins loan servicing mandates for its Loan Servicing 2.0

By Megha Bhattacharya

Oxane Partners Limited announced that it has won multiple mandates to act as facility agent and security agent on loans across the real estate and maritime asset classes. The company will be offering an upgrade to its Loan Servicing 2.0. The multi-currency loan servicing mandates were appointed by two large real estate lenders, a global investment bank and a global investment firm specialising in alternatives.

“These mandates are the culmination of our business expansion into the European loan servicing market and represent an endorsement of Oxane’s proprietary technology platforms and cement Oxane’s role as an innovator in the digitalisation of loan servicing and the broader private markets industry,” commented Vishal Soni, co-Founder at Oxane.

Loan Servicing 2.0. allows lenders to capitalise on a digital ecosystem along with control over their data, loan administration, proactive surveillance and report automation. The loans will be managed via Oxane CREST, which offers lenders improved portfolio visibility through data management, risk monitoring, and reporting.

“We’re delighted to announce the signing up of multiple mandates in quick succession, which is proof that our Loan Servicing 2.0 solution is spiking the interest of lenders for the benefits it brings with a digital-first approach ”, commented Andrew Tisdall, Director at Oxane Partners. “Our technology-driven loan servicing solution, enabled by an experienced team of servicing experts is helping our clients adopt the digital transformation that’s underway in the loan servicing industry.”

Recently, Oxane Partners announced that it has signed three investment banks across the US and Europe for its illiquid credit portfolio management solution – Oxane Panorama. Banks will now be able to manage their broad spectrum of illiquid credit investments in a unified ecosystem and improve risk control, portfolio surveillance, and reporting processes. According to Oxane, the new solution provides banks with comprehensive coverage across portfolio financing transactions, view of risk exposure, and performance attribution. Banks will also gain access to automated risk alerts, deal dashboards, advanced analytics, workflows, and a flexible reporting engine to automate internal and external reporting requirements.