Understanding Securitization and ABS is a one-day introductory course for those new to the securitization market or seeking an understanding of the ABS product.
Key learning outcomes include:
• Use a structured approach to understand ABS (using credit card ABS as the illustration asset class): basic transaction structures, roles of the parties, and originator motivations
• Recognize the main risks pertaining to the collateral, originator and servicer
• Appreciate how asset characteristics and desired ratings impact credit enhancement levels
• Identify key risks and understand how they are allocated within ABS structures
• Understand the impact of recent government initiatives and regulatory changes on the ABS market.
Part of the Fitch Group, Fitch Learning partners with clients to enhance knowledge, skills and conduct. Fitch Learning is a global leader in training with experience of delivering specialised technical training at all levels to the financial community. Fitch Learning partner with clients to elevate knowledge and skills and enhance conduct.
We work with 9 out of 10 of each of the largest Investment Banks, Asset Managers and Global Banks and through state-of-the-art training centres in London, New York, Hong Kong, Singapore and Dubai, and our leading distance learning portals, we train more than 20,000 delegates each year.
