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Structured Finance

 

In this eLearning module on Structured Finance - Online training module, we will take a look at the various credit enhancements available in the market, how illiquid assets can be securitised to benefit businesses. We’ll also learn about commercial mortgage backed securities and hybrid debt instruments.

 

Coverage and structure for eLearning module

 

Topic

Sub-topic

Credit enhancement
  • Normal Loan vs. Credit Enhancement
  • Types of credit enhancements
  • Third-party guarantees
  • Legal analysis
  • Partial guarantees
  • Key Rating Factors
  • Sale of future cash f lows
  • Structure of a typical future-flow transaction
  • Benef its of a future-flow transaction
  • Credit assessment for a future-flow transaction
  • Performance risk
  • Difference between asset-backed and future flow transactions
  • Covered bonds

Securitisation
  • What is securitisation
  • Benefits of securitization
  • Broad categories of securitised instruments
  • Typical securitisation transaction
  • Role of parties involved in a securitisation transaction
  • SPV vs. Direct assignment route
  • CRISIL’s f ramework for Evaluating risks in securitisation transactions
  • Credit risk
  • Other risks

Tranching in securitisation transactions
  • Introduction to Tranching
  • Credit Risk Tranching
  • Time Tranching
  • Prepayment Tranching

Commercial mortgage backed securities
  • Introduction to Commercial mortgage backed securities
  • A comparison w ith Lease Rental Discounting

Hybrid debt instruments
  • Distinguishing equity and debt
  • Hybrid debt instruments
  • Treatment of common Hybrid securities
  • Classifying equity content in hybrids

 

 

Module Fees: Rs. 2500/-                                  Access period: 3 months                                 Learning time: 3 hours

 

 

Steps to purchase

 

  • Go to CRISIL Learning platform https://training.crisil.com/
  • On https://training.crisil.com/ (CRISIL Learning platform) – sign up to create your unique login ID and password
  • Once your account is set up, search for "Structured Finance" from the search bar
  • Select the e-learning module - Structured Finance, and click on buy now; it will get added to your cart
  • Click on 'Cart' and purchase the module(s) with your debit or credit card
Detailed steps

Features of eLearning modules:

 

 

Real life case studies

 

Real life case studies built leveraging our expertise in research, ratings & risk solutions

 

Expert Speak

 

Insights incorporated in eLearning, based on 15+ years of classroom training experience

 

Glossary & Resources

 

End to end structure comprising basic definitions to advanced readings

 

Visuals for workflows

 

Use of visuals to show a complex process or workflow

 

Interactive examples

 

Interspersed with practice exercises and interactive examples to help apply concepts

 

Knowledge checks

 

Knowledge checks at the end of each topic to ensure absorption of concepts

 

Animations

 

Animations & Characters to make complex concepts easy to learn

 

Gamification

 

Final assessment questions & gamification at the end of the module to ensure learning objectives are met