A Long Road Ahead for a Systematic European NPL Approach
While Europe was united in the response to the ABS crisis back in 2008, much needs to be done to ensure a systematic European approach for non-performing loans (NPLs). On 23 September 2020 new disclosure requirements under the Securitisation Regulation (EU) 2017/2402 entered into force for public and private Non-Performing Exposure (NPE) securitisations. For this […]
Why the Market Supports European DataWarehouse
When EDW submitted its application to ESMA on 23 September, we did so knowing we had the support and trust of the market behind us. We’re humbled to present the following testimonials below. “Since 2013 European DataWarehouse has been acting successfully as the unique securitisation repository of the Eurosystem, contributing to provide investors with the […]
Everything you Need to Know About the New EDW Extended (ESMA + Rating Agency) Templates
How Were they Created? European DataWarehouse (EDW) worked together with DBRS Morningstar, Fitch Ratings, Moody’s Investors Service, and S&P Global Ratings to introduce extended ESMA reporting templates for all asset classes and the investor reports, the EDW Extended Templates. The collaborative process took more than a year. Together, EDW and the four Rating Agencies identified […]
European DataWarehouse Collaborates With the Regola Di Selva And Pescul Di Cadore To Restore A Devastated Forest
European DataWarehouse (EDW) is pleased to announce that it has donated funds for the restoration of a forest in the Dolomites as part of its commitment to social and environmental causes. The generous donation from EDW funded the restoration of a forest and popular hiking paths which were destroyed by storm Vaia. La Magnifica Regola […]
European CMBS & CLO Update Amid Covid: The Need For Data Accuracy and Transparency
Europe, like the rest of the world, has been suffering at the hands of the pandemic. Starting with Italy, the virus soon spread to many other European nations. This unprecedented dislocation, along with upending our daily lives, has also created substantial volatility in the economy. In times like these, the need for high-quality datasets and […]
The Babel Tower of Energy Performance Certificate Ratings and Databases in Europe
European DataWarehouse (EDW) is the first securitisation repository in Europe for collecting, validating, and making available for download detailed, standardised and asset class specific loan-level data (LLD) for Asset-Backed Securities (ABS) transactions and private whole loan portfolios. Developed, owned, and operated by the market, we help to facilitate risk assessment and to improve transparency standards […]
COVID-19 in SME Data
In late February, towns in the Lombardy region in Italy began going into lockdown, one after the other. Schools, restaurants, shops, and offices all shuttered in what seemed like an extreme measure to the rest of Europe. Within a matter of weeks, much of the world would find itself under similar restrictions. Today we are […]
Special Reporting Guidelines: How to Report Data to Reflect COVID-19
In this article, we hope to provide you with general guidance on how to report loans affected by COVID-19. Specifically, these reporting practices should reflect (i) legislative payment moratoria or (ii) payment relief initiated as part of a sector-wide moratorium scheme coordinated by the banking industry and agreed by bondholders. The terms of the payment […]
Securitisation Regulation EU (2017/2402) – the moment of truth
Summer 2020 should mark a very important milestone for the Securitisation Regulation 2017/2402: it is expected that the remaining Regulatory Technical Standards (RTS) will be published in the Official Journal (OJ) of the European Union (EU). The publication in the Official Journal (OJ) will be followed by a period of 20 (calendar) days for the […]
European DataWarehouse Solutions for Energy Efficiency
This is a translated and updated version of an interview conducted by Dario D’Orta with ED Team Members Marco Angheben, Eirini Kanoni and Eugenio Benetti. The original interview was published in January 2020. To view the original article, click here. What is European DataWarehouse? Founded in 2012 as part of the implementation of the European […]