Following their successful issue of Apollo 2013-1, Suncorp Bank assisted by MARQ Services has been working towards getting all of its outstanding RMBS deals available through the MARQ platform – this represents 10 deals in total and goes as far back as Apollo 2005-2. All these deals are now available for RMBS investors to do analysis through www.marqservices.com.
Nick Procter, Director Sales, MARQ Services, advises “We are delighted that Suncorp Bank is in a position to be able to make all their Apollo deals available through the MARQ platform. We understand that getting deals loaded up on the platform is fundamental to our ongoing success and momentum. Suncorp Bank is an excellent partner in terms of their commitment to work through all the inevitable data issues that arise in loading historical RMBS deals”
Andrew Power, Wholesale Funding, Suncorp Bank Treasury advises “We are very pleased to be in the position where we are able to give the market access to all our current outstanding Apollo RMBS. We are determined to continue to be leaders in transparency and see the relationship with MARQ Services as an investment in our Apollo program. Additionally we are working with the MARQ team on our data to ensure that we comply with the RBA’s data requirements for repo and CLF eligibility as soon as possible. We are well on our way”
Finally, Nick Procter advises “We continue to work with ME Bank and another significant RMBS issuer that we have recently signed to get all their historical deals up on our platform. In a few months when these deals are up we will have a significant part of RMBS portfolios available on our platform for investors. We now have 5 RMBS issuer clients signed and we are confident that further issuers will sign by year end.”
For further information please contact:
T: 0400 668 340