In addition to the financial institutions, in the past years the securitisation is being used as an efficient financing/investment mechanism in other areas of activity. Mainly:
The "Alternative Fixed-Income Market" (MARF) establishes as compulsory issue requirement, the participation of a previously authorised Registered Advisor. Haya Titulización is currently one of the Advisors Registered by MARF.
The roles performed by the Registered Adviser focus on the integral advice to the Issuer, the supervision of the issue process, and the relationship with the market and investors, once the transaction has been initiated.
Functions of the Registered Adviser:
The capabilities acquired by the team that integrates Haya Titulización allows us to develop additional solutions and products, designed to tailor to the needs of our customers: Analysis of portfolios, valuation of assets, feasibility of projects, corporate support services and regulatory matters.
Some specific roles which we could also assume in the area of securitisation would be (both in Spanish transactions and outside Spain):