Payment Processing Use Case for Servicers Trustees
For servicers and trustees, payment processing in structured finance is an ongoing challenge of accuracy, transparency, and regulatory compliance. Manual calculations and reconciliation introduce delays and risks in handling sophisticated payment waterfalls and custodial transactions.
Step 1: Tackling Manual Payment Waterfalls and Reconciliation
- Servicers trustees labor to manually execute multifaceted payment waterfalls, matching complex trust agreements against dynamic remittance data in spreadsheets. This process is slow, easily prone to human error, and exposes organizations to compliance shortfalls and financial risk.
Step 2: Integrating Data Sources for Automated Payment Calculation
- Scalata ingests remittance data, trust agreements, and payment instructions, automatically mapping relevant fields and validating in real time. Its AI core matches contractual waterfall logic to incoming payment data, ensuring every rule and exception is followed without manual intervention.
Step 3: Enabling Conversational Payment Audit and Query
- With unified payment and documentation data, teams can query payment histories, reconcile discrepancies, and validate compliance instantly. Scalata’s conversational AI can answer, “Which deals had waterfall errors last month?” with full supporting evidence, allowing for rapid resolution and stronger oversight.
Step 4: Automated Payment Execution and Exception Handling
- Scalata’s AI agents proactively execute complicated payment waterfalls, flag anomalies, and initiate exception workflows for out-of-policy transactions. The system generates audit-ready reports and compliance certificates, drastically reducing manual work and lowering the risk of missed or misapplied payments.
Strategic Outcome for Servicers Trustees in Payment Processing:
Adopting Scalata for payment processing enables servicers and trustees to migrate from manual execution to automated, audit-proof payment operations. The result: enhanced speed, rigorous accuracy, minimized operational risk, and robust compliance for every deal’s payment lifecycle.
