For a firm of our size we have a surprisingly extensive knowledge of accounting, auditing and taxation in the Structured Finance arena. Alongside the market leading Corporate Service providers we have acted for more than 100 Special Purpose Vehicles (SPVs) ranging from relatively small scale asset-backed receivables books to complex multi-billion euro conduit finance structures.
Over the last 15 years our team has built up a strong knowledge of the intricacies of accounting for such structures – from hedge accounting to auditing interest rate swaps. We have a particularly strong corporate taxation presence in this market and have built a specialist tax team in this regard.
Most of the SPVs that we account for have been originated by the major city investment banks with whom we have built good relationships. Our offering also complements rather than competes with the traditional ‘Big 4’ providers as we are able to offer a more tailored and flexible service in this market space alongside their offerings.
As part of our experience in the Structured Finance market we have undertaken many projects for several major investment banks including back office team secondments and significant historical restitution and reconciliation exercises.