Brief: New platform for historical loan data
Perpetual has loaded more than 150 million loan records from 58 lenders dating back almost 20 years from its corporate trust data warehouse onto a new platform, giving banks and investors access to historical data. Perpetual is promoting its new business, ABSPerpetual Business Intelligence, as a tool for lenders to manage their regulatory reporting requirements. It has analytical tools that will enable users to stress test portfolios and create projections of likely portfolio performance.