| Acatus
Acatus
Formed in just 2016, Acatus has already achieved what several companies take many years to accomplish, boasting a competent and knowledgeable in-house team that is fully involved with the needs of the business. An innovative fintech company, Acatus offers an efficient and reliable single asset securitisation platform with low risk profile to its customers (providing an unparalleled level of transparency and concurrent risk allocation opportunities in the process), which means its legal team is required to be agile, versatile and forward-thinking. Head of legal Ksenia Gräfin von Bassewitz explains that this new structure of doing business addresses major problems of the European debt capital market: ‘By transforming loans and other illiquid financial assets into tradable fixed income bonds, we help investors to get access to new assets and assist originators with discovering new business opportunities and managing risks more effectively’.
In terms of European regulation, Acatus is well ahead of the curve given its fundamentally transparent business model, which is naturally compliant. ‘We offer a new way of securitisation without pooling and tranching. Our approach is to utilise standard procedures existing at the level of our partner service providers to the extent possible while simultaneously automating and digitising the underlying securitisation and settlement processes on our end. We have actually proved to be even more transparent than new European regulatory requirements, and as development in the market is in the direction of standardised transparent securitisation, we are ahead of the curve’, she says.