BNY builds ABS data registry covering US consumer loan deals

Bloomberg · 5 hours ago
BNY builds ABS data registry covering US consumer loan deals
  • BNY is rolling out tools to address blind spots in the roughly $1 trillion asset-backed securities market, one year after the Tricolor frauds exposed hidden risks in routine financial documents.
  • The digital registry will let investors, bankers and others track deals from their launch through trading in the secondary market.

Quotes

“a digital registry that will collect data on US consumer loans and asset-backed securities under one roof”— Structured Finance Association

Sources