Credit agreement data will be maintained by our Global Administrator. There is also the ability for the Agent under the credit to maintain this information saving much time and cost in sending out notifications to the all the holders of the credit. If there is a paydown, roll over, or a repricing, the permissioned user can simply select the facility and update the related contracts. Once redeployed to the HashLynx blockchain, anyone trading will be notified and any trade documents effected will be automatically updated and redeployed for settlement. The agent borrower administration details are also available and instantly supplied to the closing documents. All credit requirements such as assignment fees, minimum holds, and minimum transfer amounts are captured and automatically supplied to the loan matching platform.

GlobalBlock Screenshot