ARTedyX External SPV

What we do

We operate an external, off-balance-sheet SPV that acquires performing bank assets by true sale. Banks benefit from risk-weighted assets (RWA) / CET1 relief; professional investors receive fixed coupons funded by underlying cash flows.

Program: fixed-coupon notes for professional investors. EU: MiFID II professional clients; non-U.S. tranches may be offered under Reg S. U.S.: Accredited Investors (Reg D) and/or Qualified Institutional Buyers (Rule 144A); with New York registration or Blue-Sky filings where applicable.

Venue: Deutsche Börse — Frankfurt Quotation Board (Open Market). Plumbing: Specialist inclusion for liquidity; ICSD settlement (Euroclear/Clearstream) via paying/listing agent.

How each deal is built

• Assets: granular SME / consumer / leasing / trade-finance; all performing.
• Protections: 5–15% over-collateralisation, liquidity reserve, simple waterfall, performance & coverage tests, back-up servicer.
• Governance: independent director, external counsel & auditor, regulated service providers.
• Reporting: monthly/quarterly pool factors, stratifications, OC tests, and cash waterfall.

Benefits for originating banks

• Capital relief: transfer of performing exposures to an external SPV reduces RWAs and supports CET1 optimisation, subject to regulatory treatment.
• Balance-sheet flexibility: true-sale execution, standard servicing with back-up, and simple cash waterfall.
• Speed to market: Frankfurt Quotation Board admission with Specialist inclusion and paying/listing-agent onboarding.
• Operational integrity: independent director, external counsel & auditor; investor reporting with pool factors and OC tests.

Benefits for funding enterprises

• Access to institutional funding: enterprises may access structured funding capacity through the SPV framework and its fixed-income investor base.
• Execution certainty: once structure, documentation, and eligibility are aligned, deployment is designed for execution at closing via DVP.
• Flexible structuring: tenor, coupon profile, collateral package, cash waterfall, and reporting package may be aligned with the enterprise financing need and investor requirements.
• Broader funding route: the framework creates an additional funding channel alongside bank balance sheets, with institutional placement and capital-markets discipline.
• Operational discipline: independent governance, external counsel and auditor, agent onboarding, and investor reporting support institutional-grade execution.
• Scalability: once a first structure is in place, the format can support repeat funding programmes for eligible enterprise receivables or credit pools.

Optional origination route: if existing investors do not wish to sell exposures, ARTedyX may also acquire newly originated credits for enterprises, subject to structure, eligibility, diligence, and execution parameters.

What professional investors receive

• Instrument: fixed-coupon notes, professional/eligible counterparties, including accredited where applicable.
• Settlement: ICSD (Euroclear/Clearstream) via paying/listing agent; Specialist-supported liquidity.
• Transparency: monthly/quarterly reporting packs: pool composition, stratifications, performance and coverage tests, OC levels, and cash waterfall.
• Structure: over-collateralisation and liquidity reserves targeting stable cash flows.
• Risks: credit and servicer performance risk; pool performance variability; structural features may defer or reduce coupons or principal.

Governance & key roles

• Issuer: ARTedyX External SPV
• Independent director
• Paying / Listing Agent
• Specialist (Frankfurt Quotation Board)
• Servicer & Back-up Servicer
• Calculation Agent
• Security / Trustee, if applicable
• External Counsel & Auditor
• Technology & Data Agent: ARTedyS R&D
• Group governance: ARTedyX Capital Holding

Execution process

1. Bank pool identification and indicative selection criteria.
2. Term sheet, structure chart and protections including OC, reserves, and waterfall.
3. Paying/listing-agent onboarding; Specialist filing; ICSD eligibility.
4. Legal and audit confirmations; governance appointments.
5. Admission to Frankfurt Quotation Board (Open Market).
6. Ongoing servicing and investor reporting on a monthly or quarterly basis.

Leadership

Cristian BEZA

President

LinkedIn

Omy SAHYE

Managing Director

LinkedIn

Guru ALAMPALLI

VP, Global AI Platforms Architect

LinkedIn · Live Demo

Contact

Email: cristian.beza@artedyx.com
Phone: +33 6 23 53 04 34
LinkedIn: /in/cristianbeza