Welcome to the second edition of the TAO Solutions newsletter, where we bring you the latest developments and trends from the world of structured finance, securitisation and asset finance software technology. From groundbreaking innovations to industry insights, we're here to keep you informed and inspired. In this issue, we'll explore Covered Bonds and the recent enhancements to our software. So sit back, grab your favorite beverage, and let's dive into the world of tech!

A Message From Our CEO

Celebrating 15 Years of Innovation and Growth at TAO Solutions!

Dear friends of TAO Solutions,

As we celebrate the 15-year anniversary of TAO Solutions, I am filled with immense pride and gratitude. Our journey began from humble beginnings here in Toronto, with a small but dedicated team and a single client in Canada using our MortgageHub product. Over the years, our commitment to innovation and excellence has driven us to expand globally, introducing SecureHub to serve the larger structured finance industry and LeaseSpark to cater to the equipment finance sector. Each of these products has evolved from offering basic functionalities to now fully embracing the incredible potential of artificial intelligence, transforming how our clients operate and achieve their goals.

Our growth and success would not have been possible without the unwavering support and trust of our clients. Your feedback and partnership have been instrumental in shaping our products and services. Equally, I want to extend my heartfelt thanks to every employee at TAO Solutions. Your hard work, creativity, and dedication have been the cornerstone of our success. Together, we have built a company that not only meets the needs of our clients but also anticipates the future of the industries we serve.

As we look ahead, we remain committed to pushing the boundaries of what is possible, continuing to innovate, and providing exceptional service to our clients worldwide. Thank you for being a part of our incredible journey over the past 15 years. Here's to many more years of growth, innovation, and success!

Warm regards,

Aaron Seaton

Co-Founder and CEO

A Focus on Covered Bond

The Case for a Cost-effective, Covered Bond Admin SaaS Solution

The value of outstanding Covered Bonds at the end of 2023 exceeds EUR 3.3trn. This is represented by 433 different programmes from 329 active covered bond issuers, of which 77 also issue sustainable covered bonds*. 

The safe haven status of Covered Bonds cannot be overstated, as it continues to demonstrate during credit market dislocations that it is robust and relatively cost-effective form of financing for the banking industry. On the back of this global adoption, we are now witnessing the covered bond framework progressively being introduced within a number of Emerging Markets, helped by the multilateral developmental investment banks, to enable the banks within these Emerging Markets jurisdictions to issue Covered Bonds.

As this month’s feature article explains, we at TAO Solutions are very pleased to have taken a market-leading position in the development of a turn-key, cost effective universal Covered Bond Software-as-a-Service Solution that addresses the needs of the Covered Bond industry, Emerging Markets participants, stakeholders and regulators. 

Source: ECBC

Regards

Jim Metaxas

Managing Director - Head of Global Business Development

Feature Article: Covered Bonds - TAO’s Approach to Ticking the Boxes

The origin of covered bonds can be traced back to the late 18th century and has become an important funding instrument for both the mortgage and public finance industries. The ECBC (European Covered Bond Council) has played an integral role in being the platform that unites market participants,becoming a point of reference regarding the covered bond industry.

As a member of the of the ECBC, TAO Solutions has been actively involved in working with both new and established covered bond Issuers to provide a software-as-a-service solution to address the needs of the global community. We are now extending our innovative approach to emerging markets to assist with the development of sustainable financing frameworks.

Click here to continue reading this article

Events

TAO Solutions will be exhibiting and participating in the following Global Structured Finance and Securitization events. This is a fantastic opportunity for you to meet our team and discover how our cutting-edge solutions can streamline your business processes, introduce industry best practices and address regulatory requirements. We look forward to seeing you there and sharing our insights.

Click here to review our upcoming events

Product Updates

We're excited to announce the latest enhancements and features involving MortgageHub. Our continuous efforts are aimed at enriching the functionality and capabilities of our technology and provide our global customers with industry-leading software. Click on the link below to find out more.

Click Here for Information on MortgageHub Product Release 24R1