Evitec Covered Bonds 2.0 released – major technology upgrade now available
Evitec announces the availability of Evitec Covered Bonds Release 2.0. With major technology upgrade, new features, and improvements, covered bonds issuers and institutions using Evitec Covered Bonds stay up to date in terms of legislation, regulations, and reporting requirements.
New features include:
- issuance process module
- potential search module
- design tool module
- support for green pools and bonds
- improved criteria engine
- more extensive pool data archive
- modern cloud-based architecture
- enhanced security features
With new features in place, institutions engaged in mortgage banking lessen their operational risk and ensure new requirements, EU directives and regulations are always met.
— We now have 6 out of 10 banks in Finland as our customers, so it’s only natural that we now set our sights towards rest of Europe, says Head of International Business Development, Tino Silfver.
— As the finance industry is going through a cloud transition, the new version of our market-leading Covered Bonds solution will give years of cost-efficient, agile operation, says Head of products Janne Takala.
Evitec Covered Bonds automates reporting and other crucial processes. Solution can also be used by covered bonds issuers in their transition towards greener future. Evitec Covered Bonds makes available reporting dashboards that provide information how green a bond pool is based on chosen framework. In the future, information about sustainable bonds will be made available.
Evitec attends European Covered Bonds Council 33rd Plenary meeting in Munich on 13th September.
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