Banking News

Beacon Trusteeship Ltd: Beacon Trusteeship’s platform ProSec crosses $3 billion processing mark


Mumbai-headquartered Beacon Trusteeship Ltd’s flagship securitisation platform ProSec, which manages and monitors transactions has witnessed value at its platform crossing $3 billion with monthly processing of about 70 lakh loans across over 200 pools on the platform.

The platform helps the pool buyers streamline their processes, loan account number (LAN) wise data analytics and pool reconciliation among other things. Largely, banks and non-banking finance corporations (NBFCs) use this platform for their pool purchase and sale programs. The platform ProSec provides services in the field of securitisation and trusteeship services.

“Whilst in the Securitisation vertical, Beacon processes $8 billion worth of Securitised pools on a month-on-month basis, which includes Direct Assignment, Pass-Through Certificates (PTC) and Securitised Debt Instruments (SDI), the ProSec platform has surpassed the $3 billion volume mark,” said Pratapsingh Nathani, Chairman & Managing Director at Beacon Trusteeship Ltd.

Beacon Trusteeship is a SEBI-registered Debenture Trustee firm delivering effective and reliable securitization services. It manages a cumulative Asset base of $180 billion including $25 billion of Assets under Alternative Investment Funds (AIFs).


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