Wdesk
What report does the investment securities team complete the wdesk finalization process?
SEC 10k/q
How many reports are currently in Neutron?
~150 reports
True or False: Lower-priority tranches are generally paid before higher-priority tranches.
False - HIGHER-priority tranches are generally paid before lower-priority tranches.
How many reports are currently on Axiom?
~60 reports
What does FRRA stand for?
Firmwide Regulatory Reporting and Analysis
Where does Wdesk pull the incoming data from?
FRI
Where are the final approved templates distributed to users?
SharePoint
How many steps are there in order for assets to become investor payments?
5
Step 1: Assets/Collateral
Step 2: SPV/Trust
Step 3: Notes
Step 4: Tranches
Step 5: Waterfall
What are the two types of edit checks in Axiom?
Quality and Validity
What were the last two organization names prior to 'FRRA'
DCR & DPA
How many drafts for the report?
3 - Certification draft, Senior Management draft, and Audit Committee draft
How many calculation based rules on Neutron does team look into?
~2200
Which schedule out of the below does our team not support?
A. HC-S
B. RC-V
C. HC-H
D. Pillar III
C. HC-H
True or False: LOB Providers can submit top level adjustments through Axiom?
False. Report Owners are the only people able to submit top level adjustments through Axiom.
How long has Hemant been with the firm?
9 years this year
What does the team work on primarily in Wdesk, Adjustment corrections or roundings?
Roundings
How many out of the total reports in Neutron are CCAR?
105
Which major U.S reform after 2008 did not impact securitization?
A. Glass Steagall Act
B. Dodd-Frank
C. Reg AB II
D. Consumer Protection Act
A. Glass Steagall Act
True or False: Reports are locked through Axiom and cannot be reversed for the qrt.
False. Reports are locked through Axiom, but the Axiom/Prod Support team can reverse the lock if there’s a last-minute need.
What are the two initiatives mentioned in Shareholder's letter?
Security & Resiliency and American Dream Initiative
What is the final step in Wdesk before finalizaing the investment securities note?
Footnotes
What percent of data collection in Neutron is via Excel template?
70%
True or False: Private deals generally have a standardized regulatory reporting framework.
False. Public deals generally have a standardized regulatory reporting framework. Private deals: reporting requirements are governed by transaction documents and investor needs
How often do Axiom reports refresh daily and when do the batches begin?
Batches begin BD13 and refreshs happen twice a day, the timing varies depends on the report.
SEC & Reg - 7am & 5pm est
CCAR 7am & 2pm est
Where were we processing adjustments prior to DMAT?
SharePoint