Can HUBX Arranger be used for Secondaries?
In short, yes. By connecting HUBX and the bank’s loan servicing system, we can bring up the exact lender positions for any deal before a secondary transaction. This capability is ring-fenced to ensure that only the relevant data is made available to the team working on secondary transactions (Chinese Walls) based on role permissions at a deal and data level. This ensures that there is no longer a mismatch between the information that is available on the book-building solution and the actual positions reflecting changes through the lifecycle of the instrument. HUBX Arranger can also be used for waivers and amendments