Episodes
In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to John Beacham, founder and CEO of Toorak Capital Partners, about residential transition loans (RTL) and securitisations. Beacham discusses the significance of being the first firm to close a rated RTL securitisation, which it achieved in February, the prospects for the year ahead, and more.
Published 03/27/24
Published 03/27/24
In this special International Women's Day episode of the SCI In Conversation podcast, SCI deputy editor Kenny Wastell speaks to Ruhi Patil, a counsel in Dentons' London office, about gender diversity and inclusion in the structured finance industry. Patil discusses her personal experiences of attitudes towards diversity and inclusion; the roles that allies can play in tackling the challenges; the importance of sponsorship and mentoring; the next frontiers in inspiring inclusion; and more.
Published 03/08/24
In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to Ian Wolkoff, structured credit and CLO liabilities md at Pretium Partners, about the CLO market’s outlook for 2024. Wolkoff discusses the types of loans that are likely to see default rates tick upwards; refinancing challenges; the high levels of issuance seen so far in 2024 and what it suggests for the year ahead; and more.
Published 02/23/24
In this episode of the SCI In Conversation podcast, SCI's deputy editor Kenny Wastell speaks to S&P Global Ratings’ head of EMEA structured finance research Andrew South and Alastair Bigley, md and sector lead for European RMBS, about the year ahead. The ratings agency recently published its European Structured Finance Outlook for 2024, forecasting that issuance in Europe could pick up to as much as €95bn in 2024.
Published 01/15/24
In this special episode of the SCI In Conversation podcast, Matthew Bisanz, a partner in Mayer Brown’s bank regulatory practice, outlines how the Federal Reserve’s update on 28 September of the FAQs on Regulation Q is likely to impact the US capital relief trades market. The long-awaited guidance clarifies the definition of a synthetic securitisation and, crucially, states that a reservation of authority can be requested for direct CLNs. Bisanz, for one, anticipates an increased willingness...
Published 10/07/23
In this episode of SCI in conversation, mortgage and structured credit segment leader Jeff Krohn talks to Simon Boughey about recent developments in the mortgage CRT market - both capital markets and reinsurance. He predicts what is likely to happen for the remainder of thos year, and also whether US bank involvement is now imminent. 
Published 08/16/23
In this episode of the SCI In Conversation podcast, Pemberton Capital Advisors director Naomi Prasad discusses whether we should we be talking about “ESG” or “sustainability” in the context of the securitisation market and which ESG strategies are proving effective in the CLO management space. She also outlines how sustainability can be better integrated at both the corporate and individual level.
Published 07/31/23
In this latest edition of SCI In Conversation, Terry Lanson, a managing director at Seer Capital in New York, joins US editor Simon Boughey to discuss the various pressures on US banks in the wake of the collapse of several regional names. As capital becomes more constrained rather than less, the SRT market presents itself as ideal solution and Terry is optimistic about the future. 
Published 06/26/23
In this episode of the SCI In Conversation podcast, Vesttoo co-founder and chief financial engineer Alon Lifshitz outlines how the insurance-linked securities landscape is evolving from catastrophe bonds to a wider range of structures, bringing insurance risk directly to the capital markets. He also discusses ILS modelling approaches, the involvement of rating agencies in the insurance risk transfer space and a new index project that is underway.
Published 05/25/23
In this episode of the SCI In Conversation podcast, Seth Painter, managing director and head of structured products at Antares Capital, discusses the role of the CLO market in funding the firm's direct lending business. In particular, he focuses on the burgeoning importance of middle market CLOs, which has been taking market share from the traditional BSL space at a rate of knots. 
Published 04/25/23
In this episode of the SCI In Conversation podcast, Arrow Global principal John Pellew discusses the evolution of blockchain technology in the securitisation market. We highlight the milestone achievements in the space, as well as the challenges that still need to be overcome.
Published 03/24/23
In this episode of the SCI In Conversation podcast, Waterfall Asset Management partner Keerthi Raghavan discusses the headwinds and tailwinds currently facing the US ABS market. In a bonus feature marking International Women’s Day on 8 March, we also chat to Linklaters managing associate Ruhi Patil about what this year’s campaign theme - ‘embrace equity’ - means to her.   This recorded discussion is not intended to be and does not constitute an offer of Waterfall Asset Management, LLC’s...
Published 03/01/23
In this episode of the SCI In Conversation podcast, we chat to Pretium Partners senior md and structured credit head Jerry Ouderkirk about relative value opportunities in the CLO market.
Published 02/16/23
Angela Sharda chats to Candice Richards, managing director and ESG/Compliance Officer at MidOcean Partners , about the Women’s Awareness Initiative (“WAI”), a program committed to bridging the gender diversity gap in the asset management industry near term. She is joined by Joseph Rotando who speaks about the future of the securitisation market.
Published 11/10/22
In this episode, Mark Pelham and Corinne Smith discuss a new research report on standardised banks' capital relief trades and where European securitisation investors are looking to find relative value in the year ahead.
Published 12/18/19
This month the SCI team discusses a new company on the block offering balance sheet optimisation solutions, standardised banks and their struggles to break into the risk transfer market as well as Santander's latest securitisation of Finnish auto loans.
Published 10/25/19
This week the team discusses the operational steps and issues involved in preparing a capital relief trade, disclosure concerns around capital relief trades and a new securitisation from an impact investor, providing finance to small businesses in emerging markets.
Published 07/31/19
This month, SCI's editorial team discuss innovative structural features in CLOs, issues involved in complying with the Securitisation Regulation and how one CLO firm is attempting to broaden its Japanese investor base by drawing in first time investors.
Published 07/01/19
For this month's podcast, the team share details from the upcoming quarterly magazine, including subprime auto ABS trends, the current student loan crisis in the US and takes a dive into the company accounts of Interserve and Carillion.
Published 05/30/19
In this edition of the SCI podcast, we look at recent innovations in CLO structures, the difficulties involved in unlikely to pay securitisations and the evolving CRE CLO landscape.
Published 04/10/19
We delve into the themes of eligibility criteria and replenishment conditions and control rights within capital relief trades as well as a look at a debut Dutch deal in the works.
Published 03/15/19
The SCI editorial team provide a round-up of ABS, CLO, CMBS, CRT and RMBS outlooks for the year ahead, as well as reviewing 2018. After issuance records were broken last year, can the same happen again in 2019?
Published 01/18/19