We help clients establish, manage and govern securitisation vehicles, covered bond structures and related entities throughout their lifecycle, supporting their corporate, regulatory and operational requirements from set-up through to ongoing administration.

• Set up of SPVs and corporate services

Establishment and structuring of SPVs, ensuring an efficient set-up process and full compliance with legal, regulatory and transaction requirements.

• SPV corporate servicing

Day-to-day administration and governance support for SPVs, facilitating the effective management of corporate obligations

• Independent directors and quota holding

Provision of independent directors and professional quota holding services to enhance governance, oversight and regulatory compliance.

• Corporate governance and company secretarial services

Management of corporate records, board and shareholder meetings, resolutions and statutory filings, supporting robust governance and efficient administration.

• Financial accounting and reporting

Delivery of accounting, financial reporting and statutory reporting services, ensuring accuracy and regulatory compliance.

We help clients maintain oversight and operational control across securitisation transactions.

As master servicer IQ-EQ was the first company in Italy to obtain a Standard & Poor’s rating under Italian Securitisation Law 130/99, which was subsequently upgraded to a Strong rating. We were also the first intermediary in Italy to act as a Hot Back-Up servicer, helping clients maintain continuity and resilience throughout the lifecycle of a transaction.

• Master servicing

Oversight and monitoring of securitisation transactions, ensuring compliance, performance control and accurate reporting throughout the life of the deal

• Back-up servicing

Leveraging extensive experience as Italy’s first Hot back-up servicer to provide contingency servicing solutions designed to ensure business continuity and the seamless transfer of servicing activities in the event of a servicer disruption

• Special servicing

Management and recovery of underperforming and distressed assets, with a focus on maximising value and improving recoveries

• Primary servicing

Day-to-day administration of loan portfolios, including borrower management, collections, reporting and cash flow monitoring

• Calculation agent services

Calculation of transaction cash flows, available funds, payment waterfalls and investor reporting in accordance with transaction documents

Supporting compliance across securitisation and structured finance structures through specialist regulatory reporting and oversight.

We support SPVs, banks and finance companies with a broad range of regulatory reporting and compliance requirements. Our teams help clients navigate evolving supervisory obligations, maintain reporting accuracy and meet regulatory deadlines with confidence

• Centrale Rischi reporting

End-to-end management of Centrale Rischi reporting, providing accurate data governance and regulatory compliance

• ECB/ ESMA reporting

Specialised regulatory reporting services ensuring full compliance with European securitisation and supervisory frameworks

• Communication to the Italian Revenue Agency

Dedicated support for tax authority communications and statutory reporting obligations

• Anti-money laundering

Comprehensive management of AML data repositories to support compliance, traceability and regulatory oversight

• PEC mailbox

Secure management of certified electronic communications, facilitating compliant interactions with tax and supervisory authorities

We support clients throughout the structuring, execution and ongoing management of securitisation transactions. Drawing on extensive experience across asset classes and transaction types, we advise originators, issuers and investors on the organisational, legal, tax and financial aspects of a transaction, helping them navigate complexity and achieve successful outcomes.

We have a long track record in supporting complex securitisation transactions, including acting as Sole Arranger on a leasing sector securitisation exceeding €1 billion.

• Standard pool audit

Independent verification of asset portfolio quality, data accuracy and eligibility criteria prior to securitisation

• STS pool audit

Portfolio review and validation services to support compliance with the EU Simple, Transparent and Standardised (STS) Securitisation framework

• Real estate consultancy

Specialised advisory services covering real estate valuation, due diligence and asset performance assessment

• Monitoring agent

Independent oversight and coordination between investors and servicers to support transaction governance and the implementation of key decisions

• Structuring / Modelling

Financial modelling and transaction structuring services designed to optimise funding efficiency, risk allocation and investor appeal

• Arrangement

Arrangement end-to-end structuring and execution support for securitisation transactions, leveraging extensive experience across asset classes, investors and funding structures

We provide specialist support for real estate-backed securitisation structures and asset recovery strategies.

The Italian securitisation framework enables securitisation vehicles to directly acquire and manage real estate and other registered assets, creating greater flexibility for investors and lenders.

We also support the establishment and management of Real Estate Owned Companies (ReoCos) and LeaseCos Leasing Companies (LeasCos, which are commonly used in securitisations of non-performing and leasing-related portfolios. These structures help maximise recoveries through the direct acquisition and management of underlying assets.

• Set up of ReoCos and LeaseCos

Establishment and structuring of ReoCos and LeaseCos, ensuring an efficient set-up process and full compliance with legal, regulatory and transaction requirements.

• Corporate and administration services

Comprehensive corporate, accounting and tax administration for Real Estate Owned Companies  (ReoCos) and LeaseCos Leasing Companies (LeasCos) throughout their lifecycle.

• Asset management

Active oversight and coordination of real estate assets to preserve value and maximise performance

• Support in business plan

Development, review and monitoring of business plans to support strategic decision-making and value creation

• Real estate consultancy

Specialist advisory services covering acquisitions, disposals, asset repositioning and portfolio optimisation

• 360 securitisation services

End-to-end support covering the establishment, administration and governance of securitisation and ReoCos structures

• Experienced individual directors

Independent governance and oversight provided by seasoned directors with extensive structured finance expertise.

What securitisation services does IQ-EQ provide in Italy?

IQ-EQ supports clients across the full securitisation lifecycle, from SPV establishment and administration to master servicer, primary and back-up servicer, loan agency, calculation agent services, regulatory reporting, transaction structuring, and real estate securitisation.

How does IQ-EQ support securitisation SPVs?

We support SPVs through establishment, corporate administration, accounting and reporting, corporate secretarial services, independent director solutions and quota holding structures. We help clients manage SPVs efficiently while meeting legal, regulatory and transaction requirements.

What does a master servicer do?

A master servicer oversees and monitors securitisation transactions, helping ensure compliance with transaction documentation and Italian securitisation regulations. Responsibilities typically include oversight of sub-servicers, cash flow monitoring and transaction reporting.

What regulatory reporting services does IQ-EQ provide?

We provide a range of regulatory reporting services, including Centrale Rischi reporting, ECB reporting, ESMA reporting, anti-money laundering reporting and support with communications to supervisory and tax authorities.

What is a Real Estate Owned Companies (ReoCos) structure?

ReoCos are entities established in connection with real estate-backed securitisations and non-performing loan portfolios. They may acquire and manage underlying real estate assets to support recovery and value preservation strategies.

What is a Leasing Companies (LeasCos) structure?

LeasCos are entities established in connection with securitisations of non-performing leasing portfolios. They may acquire and manage underlying leased assets, helping maximise recoveries and support asset management strategies

How does IQ-EQ support real estate securitisations?

We support real estate securitisations through SPV administration, ReoCo and LeaseCo management, corporate and administrative services, asset management coordination and real estate consultancy. We help clients manage real estate-backed structures throughout their lifecycle, from establishment through to ongoing administration and oversight.