CovenantPulse is a platform that provides an in-depth understanding of covenant performance trends and early warning signals of deteriorating covenant quality via interactive dashboards and advanced covenant informatics.
It ensures efficient covenant monitoring by standardising the approach and centralising data for portfolio analysis.
In these tough times, CovenantPulse’s notification engine is helpful, as it enables timely action to be taken to resolve breaches or near-breach scenarios.
CovenantPulse accommodates specific requirements pertaining to reporting and financial covenants, irrespective of whether they are standard or bespoke.
CovenantPulse is accessible over the internet and bank-approved IPs, giving the user flexibility of access while ensuring appropriate data security.
Benefits and Impact
Key features
Monitoring
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Monitoring
Covenants in accordance with loan agreements
Standardising the approach
Centralising the covenant data
Due date reminder
Multi-loan links of a covenant
Comparison with covenant compliance results
Validations and Insights
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Validations and Insights
Validating
Automated covenant test capability
Data validations to ensure data sanctity
Insights
Dashboard reporting
Email notification
Covenant analytics for improved risk governance