Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has announced the general availability of Hazeltree Debt Manager, an integrated solution to track and manage credit facilities across multiple credit products, lenders and legal entities.
Hazeltree Debt Manager delivers near real-time credit data for decision-making, improves operational efficiencies in utilising credit facilities, and reduces risk of breaching critical covenants.
Hazeltree Debt Manager provides clients with benefits that include:
• Agreement Management – Define and track key credit agreement terms and conditions.
• Covenant and Limit Management – Manage and track credit facilities covenants and limits to ensure compliance.
• Loan Portfolio Management – Track and manage credit facilities, cash balances and future cashflows in a single interface, providing the ability to manage and forecast liquidity, and easily execute credit transactions from a single screen, while staying on top of Loan Portfolio Tasks by following automated alerts.
• Loan Transaction Management – Automate interactions between borrowers and lenders to streamline paydowns, drawdowns, and interest payments.
• Financing Management – Independently calculate fees and financing to generate interest payments, fees and rate resets.
• Lender Data Management – Connect to lenders for data sourcing to track and reconcile to identify and manage breaks with each facility.
• Optimisation – Incorporate credit facilities into optimisation analysis to suggest cashflow actions based not only on available cash and uncalled investor commitments, but also based on credit capacity and negotiated repayment terms.
• Analytics and Business Insights – Analyse historical lender exposures, utilisation and cost of borrowing and identify trends to improve decision making.
“In the current environment, effective management of all treasury processes using the most advanced capabilities available has become a necessity,” says Sameer Shalaby, Hazeltree’s President & CEO. “Hazeltree Debt Manager is another example of Hazeltree’s focus on delivering new and unique functionality to private fund managers, automating a largely manual process with no prior software solution.”
