Financial institutions using Fimple infrastructure now have access to securitization infrastructure via TeamSec’s Cube platform without any additional investment.
Fimple and TeamSec have entered into a strategic partnership to help financial institutions manage their loan and receivables portfolios more efficiently and improve their access to capital markets.
TeamSec, a fintech and regtech company developing AI-powered solutions in capital optimization and credit risk management, offers its Perfect Cube Platform, which enables end-to-end management of the securitization processes. The platform allows banks and financial institutions to transform their loan and receivables portfolios into securitized assets and subsequently issue these assets to to the capital markets. This entire process encapsulating data ingestion, structuring, analytics, issuance, and investor management processes are managed through a unified technological framework, i.e., The Perfect Cube
Fimple, on the other hand, provides a modern, API-based and composable core banking platform that enables banks to manage lending, financing, and accounting processes in an end-to-end manner. Its flexible and modular architecture also enables seamless integration with various systems and platforms.
As part of the collaboration, banks using Fimple will be able to integrate their loan and receivables portfolios directly with the TeamSec platform, enabling them to access the securitization ecosystem. This enables a seamless connection between credit lifecycle management and capital markets operations; without the need for additional systems, lengthy implementation processes, or extra operational effort.
Mücahit Gündebahar, CEO of Fimple, commented on the partnership:
“Efficient balance sheet management and access to new funding sources have become critical priorities for financial institutions today. Through our collaboration with TeamSec, banks will be able to easily incorporate their loan and receivables portfolios into technology-driven securitization processes. At Fimple, we aim to support financial institutions not only in managing their banking operations, but also in strengthening their interaction with capital markets in a more integrated and efficient way through our flexible and modular infrastructure.”
Esad Erkam Köroğlu, Founder and CEO of TeamSec, added:
“With this integration with Fimple, banks will be able to transfer their loan and receivables portfolios to capital markets much faster and more efficiently. At TeamSec, we aim to make securitization more accessible and transparent by bridging technology and finance together.”
By combining Fimple’s core banking infrastructure with TeamSec’s securitization Perfect Cube Platform, banks and financial institutions will be able to manage their balance sheets more effectively and gain faster access to alternative funding sources; with zero additional IT burden.