Site icon AssetCore

What does it do?

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It shares between HAs and service providers but at the behest and under the control of the sharer. We never forget who the customer is.

The system is of particular use to the Treasury and Compliance Departments of HAs – but we have many users in Development, Sales and elsewhere.

AssetCore records:

  1. Available security (i.e. homes/units) to a defined industry standard.
    Ideally this will be updated automatically via our API, but a periodic spreadsheet upload works nearly as well.
  2. Charge information.
  3. Outstanding or proposed facilities
    Loans, bonds, programmes of loans/EMTN issues with NA, whatever.
  4. Trusts and Trustee relationships
    The major Trustees are all users of AssetCore and have approved our outputs.
  5. Valuations
    The major valuers are all users of the system and all produce output in ‘AssetCore format’ for simple uploading.
  6. Covenants
    Rules relating to loans, golden rules, regulator rules, good governance rules and so on.
  7. Documents relating to the properties, loans, the charging process etc.

AssetCore provides:

  1. Sharing of standardised data (aka ‘the list’) and related existing documents during charging, valuation and other exercises with lawyers, trustees, lenders, valuers and others under the the absolute control of the HA.
  2. Quarterly reporting to the trustees.
  3. Treasury reporting.
  4. Stress tests, EUV Valuations, auto application of multi-level HPI to existing valuations.
  5. Available security analyses
  6. Trustee forms for various kinds of release request
  7. Sophisticated, automated compliance checking with warning levels
  8. ‘Slice and dice’ analysis of housing/loan/programme data.
  9. And, as the cheesy software salesperson says, ‘so much more.’
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