Securitisation Services
Securitisation Services S.p.A., founded in 2001, is an Italian financial services firm specializing in servicing, administration, and monitoring of securitisation, covered bond, and structured finance transactions for banks, investment banks, funds, and institutional investors.
- Company typePrivate
- Founded2001
- HeadquartersConegliano, Italy
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Securitisation Services does
Securitisation Services S.p.A. is an Italy-headquartered financial services firm specializing in the management, administration, and monitoring of securitisation, covered bond, and structured finance transactions. Founded in 2001 and operating as a wholly-owned subsidiary of Banca Finanziaria Internazionale S.p.A. (Banca Finint), the company delivers a comprehensive one-stop-shop offering to financial institutions, investment banks, funds, and institutional investors. Its service catalogue spans SPV incorporation and management, servicer and master servicer functions, calculation agent and cash management, representative of noteholders/trustee roles, corporate servicer, loan agency services, and advisory — covering more than a dozen asset classes including ABS, CMBS, RMBS, consumer loans, covered bonds, CQS/CQP (salary/pension-backed), infrastructure, lease receivables, SME loans, NPLs, project bonds, public administration receivables, and trade receivables. The firm manages and monitors hundreds of SPV transactions on an ongoing basis.
The company operates from its headquarters in Conegliano (Via Vittorio Alfieri 1), with additional offices in Milan and a subsidiary presence in Luxembourg supporting cross-border European structured finance transactions. Its technology backbone combines an internally developed IT system with industry-leading third-party software to produce payment reports, investor reports, calculation outputs, and cash management instructions. Securitisation Services has been qualified to act as Servicer under Italian Securitisation Law no. 130/1999 since 2001, was first rated by Standard & Poor's as Master Servicer in 2007, achieved the maximum "STRONG" ranking for Master Servicer of ABS, CMBS, and RMBS receivables in 2012 (the first Italian firm to do so), and was enrolled in the Register of Financial Intermediaries under Article 106 of the Italian Banking Act in May 2016. Corporate governance includes a Model 231 framework approved by the Board of Directors in December 2011.
The business model is professional-services based, generating fees from multi-year servicing mandates, transaction-based calculation agent and cash management engagements, corporate servicer roles, trustee/representative functions, and advisory. Distribution is direct enterprise sales to originators, arrangers, servicers, and investors embedded in securitisation transactions; pricing is quote-based and negotiated per transaction rather than publicly disclosed. The SVM Securitisation Vehicles Management S.r.l. subsidiary — wholly-owned and structured as a bankruptcy-remote vehicle backed by a Dutch foundation — provides lower-cost quotaholder services for Italian Law 130/99 SPVs. Long-tenured regulatory qualifications, the S&P STRONG ranking, and embedded relationships across Italian and European structured finance participants constitute the company's principal bases of differentiation.
Securitisation Services firmographics
Firmographics- Name
- Securitisation Services
- Legal name
- Securitisation Services S.p.A.
- Website
- https://securitisation-services.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Securitisation Services S.p.A., founded in 2001, is an Italian financial services firm specializing in servicing, administration, and monitoring of securitisation, covered bond, and structured finance transactions for banks, investment banks, funds, and institutional investors.
- Ownership category
- akta.pro rank
Securitisation Services industry classification
Industry- Product category
- Structured Finance Servicing
- NAICS
- Miscellaneous Intermediation (523910), Finance and Insurance (52)
- SIC
- Asset-Backed Securities (6189)
- akta.pro primary industry
- Securitization Administration & Deal Services (Trustee, Custodian, Paying Agent) (FSALAFAK)
- akta.pro secondary industry
- Securitization & Loan Trading Enablement (Whole Loan Sales, ABS Data/Reporting) (FSAGAHAK)
Keywords
Where Securitisation Services is headquartered
LocationHeadquarters
- HQ city
- Conegliano
- HQ country
- Italy
- HQ region
- Europe
Offices3 records
Markets served
Securitisation Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others, Marketing or Sales
Revenue model
- Professional Services - Servicer/Master Servicer: Fees for acting as Servicer, Master Servicer, Primary Servicer, or Back-Up Servicer in securitisation transactions. Services include collection of transferred receivables, cash and payment services, and regulatory compliance tasks.
- Corporate Servicer Services: Corporate services including domiciliation, registered office, statutory books maintenance, bookkeeping, tax and VAT compliance, and reporting to authorities.
- Calculation Agent and Cash Management: Fees for calculation agent services including payment reports, investor reports, and cash management of SPV accounts.
- Representative of Noteholders/Trustee Services: Legal representation services for ABS noteholders or covered bond holders, including coordination of investor actions and protection of noteholder rights.
- SPV Incorporation and Management: Services for setup and accounting, administrative and tax management of special purpose vehicles, including independent directors and quotaholder services through SVM Securitisation Vehicles Management S.r.l.
- Advisory Services: Advisory on operational impacts, internal reporting and monitoring procedures, IT and accounting implementation, and quantitative portfolio analysis.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Securitisation Services product offering
Product offeringCore offering
Securitisation Services is an independent financial services organization that manages and monitors securitisations, covered bonds, and structured finance transactions. It delivers the full range of services required by originators, arrangers and investors, including Special Purpose Vehicle (SPV) incorporation and corporate servicing, Servicer/Master Servicer functions, Calculation Agent and Programme Administration, Cash Management, Representative of Noteholders/Trustee, Loan Agency and Advisory services. It operates as a one-stop-shop for the Italian Law 130/1999 structured finance market.
Product overview
Securitisation Services provides a comprehensive one-stop-shop platform for managing and monitoring securitisations, covered bonds, and structured finance transactions. The core offering consists of SPV setup and management services, Master Servicer/Servicer functions, Calculation Agent, Cash Management, Trustee/Representative of Noteholders, and Loan Agency Services. The company supports a wide range of transaction types across multiple asset classes including CDO/CBO, Commercial Mortgage Loans (CMBS), Consumer Loans, Covered Bonds, CQS/CQP (salary-backed loans), Infrastructure, Lease Receivables, Loans to SME, Non-Performing Loans (NPLs), Project Bonds, Public Administration Receivables, Residential Mortgage Loans (RMBS), and Trade Receivables. All services prioritize service quality, efficiency, and transparency with a reputation for integrity in the structured finance industry.
Differentiator
Problem solved
Functional benefit
Products and services
- Special Purpose Vehicle (SPV) Services
- Servicer and Master Servicer
- Calculation Agent and Programme Administrator
- Cash Manager
- Representative of Noteholders / Trustee
- Loan Agency Services
- Management and Reporting
- Advisory Services
Quantifiable outcome
- STRONG rating from S&P as Master Servicer - maximum achievable ranking in S&P worldwide ranking since 2012
- +1 more outcomes
Companies that use Securitisation Services
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Securitisation Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Securitisation Services partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- SVM Securitisation Vehicles Management S.r.l.coreSubsidiary company providing SPV quotaholder services. SVM is a special purpose company whose exclusive corporate objective is to hold shares or quotas of SPVs. It is a 'bankruptcy remote' company financed through limited recourse loans only and is fully owned by a Dutch foundation. Provides cheaper alternative to Dutch foundations or trusts for Italian Law 130/99 SPVs.
- Standard & Poor's Ratings ServicescoreRating agency providing ongoing evaluation of Securitisation Services' structure and operational model as Master Servicer. Has awarded the company 'STRONG' ranking (maximum achievable) since 2012 for Master Servicer of ABS, CMBS and RMBS receivables in Italy.
- Major Financial InstitutionscoreExtensive network of contacts with major financial institutions developed over years of operation. These institutions are clients for securitisation and structured finance transaction services.
- Investment BankscoreNetwork of relationships with investment banks that serve as arrangers, lead managers, and underwriters in securitisation transactions where Securitisation Services provides professional services.
- International and Local InvestorsminorInvestors in ABS, covered bonds, and structured finance products who benefit from professional servicing, investor reporting, and representation services.
Scale indicators5 records
Recent moves1 record
Expansion highlights6 records
Securitisation Services competitors and assessment
Company assessmentDirect peers
- IQ-EQ: Investor services and corporate services firm providing SPV administration, corporate directorship, accounting, and reporting for structured finance transactions across Europe. Directly comparable service mix to Securitisation Services' corporate servicer and SPV management lines.
- Apex Group: One of the largest global fund and corporate services administrators following the acquisitions of MUFG's HedgeFund Investor Services and Sanne Group, offering SPV administration, depositary, and trustee services. Direct peer in the SPV and securitisation administration market across Europe.
- Maples Group: Law-firm-led provider of fiduciary, fund administration, and SPV services in Cayman, Ireland, Luxembourg, and other key structured finance jurisdictions. Comparable to Securitisation Services on SPV management and trustee-style services, primarily serving European cross-border deals.
- Citco Group of Companies: Global corporate and fund services provider offering SPV administration, corporate secretarial, and accounting services to structured finance clients. Comparable to Securitisation Services on SPV management and corporate servicer mandates, with broader asset-class coverage.
- Intertrust (now part of CSC): Specialist in SPV administration, trustee, and corporate services for structured finance and capital markets transactions globally. Acquired by CSC in 2022 to form a leading private-market services platform; directly overlaps with Securitisation Services across trustee, calculation agent, and SPV management roles.
- Alter Domus: European-headquartered corporate services and fund administration platform with strong securitisation, private debt, and capital markets servicing capabilities. Directly comparable to Securitisation Services across SPV management, calculation agent, and reporting roles in Europe.
- TMF Group: Global corporate-services and SPV administration platform providing SPV management, directorship, accounting, and trustee-adjacent services across 80+ jurisdictions. Directly comparable to Securitisation Services' SPV, corporate servicer, and calculation agent offerings, though at much larger scale and broader geographic scope.
- Vistra: Global corporate services, fund administration, and SPV management provider with significant European presence. Directly comparable to Securitisation Services across SPV incorporation, directorship, accounting, and reporting for structured finance vehicles.
- Ogier: Law-firm-led fiduciary and corporate services group with strong Cayman, Luxembourg, and Irish capabilities in SPV administration and structured finance servicing. Comparable to Securitisation Services on cross-border SPV management mandates.
Others
- Banca Finanziaria Internazionale (Banca Finint): Parent banking group of Securitisation Services, providing structuring, advisory, and originator/arranger services for securitisation and structured finance transactions. Included because the parent supplies deal flow and ecosystem context that directly shapes Securitisation Services' mandate pipeline, even though it is not a competitor.
Market position
Strengths4 records
Weaknesses4 records
Key risks5 records
Key highlights6 records
Customer concentration
Securitisation Services social profiles
Digital presenceSecuritisation Services compliance and trust
Trust signalCompliance4 records
Securitisation Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Securitisation Services leadership team
Management profileNumber of profiles
Securitisation Services subsidiaries and ownership
Company hierarchySubsidiaries1 record
Securitisation Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Securitisation Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Securitisation Services
What does Securitisation Services do?
Securitisation Services is an independent financial services organization that manages and monitors securitisations, covered bonds, and structured finance transactions. It delivers the full range of services required by originators, arrangers and investors, including Special Purpose Vehicle (SPV) incorporation and corporate servicing, Servicer/Master Servicer functions, Calculation Agent and Programme Administration, Cash Management, Representative of Noteholders/Trustee, Loan Agency and Advisory services. It operates as a one-stop-shop for the Italian Law 130/1999 structured finance market.
Is Securitisation Services a public or private company?
Securitisation Services is a private company. It is classified as corporate owned and is currently operating.
When was Securitisation Services founded?
Securitisation Services was founded in 2001. It employs 101 to 250 people.
Where is Securitisation Services based?
Securitisation Services is headquartered in Conegliano, Italy, in the Europe region.
How does Securitisation Services make money?
Six revenue lines are on record. Professional Services - Servicer/Master Servicer is the primary driver. The others are corporate Servicer Services, calculation Agent and Cash Management, representative of Noteholders/Trustee Services, SPV Incorporation and Management and advisory Services.
Who are Securitisation Services's main competitors?
Direct peers on record are IQ-EQ, Apex Group, Maples Group, Citco Group of Companies, Intertrust (now part of CSC), Alter Domus, TMF Group, Vistra and Ogier. Banca Finanziaria Internazionale (Banca Finint) is listed as an others.
Does Securitisation Services have an API?
No public API is recorded for Securitisation Services.
What industry is Securitisation Services in?
Securitisation Services's product category is Structured Finance Servicing. Its primary akta.pro industry code is FSALAFAK, Securitization Administration & Deal Services (Trustee, Custodian, Paying Agent), with a secondary code of FSAGAHAK, Securitization & Loan Trading Enablement (Whole Loan Sales, ABS Data/Reporting). Its NAICS code is 523910 and its SIC code is 6189.