Search results will open in a new window on money.tmx.com.

Structured Financial Services

Having support for all your structured finance and securitization needs on an advisory basis.

Overview

TSX Trust is a leading provider of structured finance solutions to the capital markets. Ranging from trustee to customized administration functions, our comprehensive, integrated solutions can support all of our clients’ structured finance and securitization needs on an advisory basis.

Capabilities

ADMINISTRATIVE AGENCY

Whether your company needs support at the close of a deal or post-closing, TSX Trust provides flexible, customized, and efficient administrative agency services. Backed by experience and our proprietary technology, we are able to service you on a more discretionary basis in project finance and securitizations in order to provide you with quick, accurate administrative services.

We understand that each client has unique needs. Through our flexible approach, we offer each financial administrative service on a stand-alone basis so that every package can be tailored to a transaction’s specific requirements. Plus, we leverage our dedicated team and proprietary technology platform to streamline administration, maximize efficiency, and control costs for our clients.

OUR Services

Our comprehensive suite of administrative agency services includes the following:

  • Processing interest payments to lenders
  • Posting notices delivered to various parties
  • Arranging for safekeeping of program documents
  • Investments of funds
  • Delivery of financial statements
  • Portfolio reporting
  • Maintaining operating accounts
  • Collateral agent/trustee

SPECIAL PURPOSE VEHICLE (SPV) ADMINISTRATION

TSX Trust’s experienced team of professionals provides structured financial solutions to capital markets, including Special Purpose Vehicle administration. We rely on experience and precision to provide clients with SPV administration services tailored to their needs. Working with our dedicated teams, clients can enlist in a single service or in a customized package of services, based on the specific transaction’s requirements.

Once appointed, we serve as the conduit of information between your company and your debt holders. As with every TSX Trust solution, we work as your partner, and we spend the time needed to gain a better understanding of your business and growth strategy to help keep you moving forward.

OUR Services

Our comprehensive suite of SPV administration services includes the following:

  • Cash management
  • Investor reporting
  • Trustee service
  • Record keeping
  • Monitoring and fulfilling SPV’s obligations
  • Monitoring compliance with legal and regulatory requirements
  • Liquidation services at transaction’s maturity

COVERED BOND ADMINISTRATION

Whether you need assistance administering covered bonds or other types of bond issues where collateral is involved, TSX Trust leverages a team of professionals with decades of experience in structured finance in order to deliver a high-touch, personal service for each transaction.

OUR Services

We are also able to provide a high level of customization that allows us to meet our clients’ unique needs for covered bonds administration services, including the following:

  • Issuing and paying agent
  • SPV administration
  • Cash management
  • Trustee
  • Investor reporting

NHA-MBS CUSTODY & MORTGAGE TITLE CUSTODY

TSX Trust is qualified by the Canada Mortgage and Housing Corporation (CMHC) to act in the Canadian custody market as a National Housing Act Mortgage-Backed Securities (NHA-MBS) mortgage custodian and title custodian. We are proudly transforming the documentation and tracking processes around Canada’s NHA-MBS program through state-of-the-art technology and automation. Our capabilities as title custodian span both residential and commercial mortgages, and we are able to maintain a live registry of loans in our custody.

Technology

Our custody services are supported by a proprietary software platform that utilizes OCR technology for document processing, providing clients with faster turnaround times for issuances and other program-related requirements. We strive to catapult the process of mortgage custody in Canada beyond its history of paperwork and manual processes. Customized for NHA-MBS pool and mortgage title custody, our technology platform can track a mortgage, its registered title, and its beneficial ownership form rapidly and efficiently.

Experience

When you select TSX Trust to be your mortgage custodian, our dedicated team of experienced industry experts provides you with high-touch, personalized service. With decades of industry experience, our team is uniquely poised to provide clients with a best-in-class approach to NHA-MBS and mortgage title custody.

ASSET BACKED COMMERCIAL PAPER CONDUIT ADMINISTRATION

Asset-Backed Commercial Paper (ABCP) conduits require high-touch and accurate administration. TSX Trust delivers on this expectation, providing advisement and support for day-to-day administration of ABCP conduits. We understand that different types of collateral securitize different conduit programs, and in response, we’ve built a model of services that enables us to offer the customized operational processing required by these various collateral types. Due to this flexibility, as well as our experienced team of professionals, clients can trust TSX Trust for customized, reliable ABCP conduit services.

OUR Services

Some of our ABCP conduit administration services include the following:

  • Servicer reporting
  • Movement of funds
  • Director services
  • Collateral trustee
  • Custodian
  • Issuing and paying agent
  • Transactional administration and recordkeeping
  • Bank account balance monitoring
  • Investor reporting

Issuer Trustee

TSX Trust provides a comprehensive range of issuer trustee services. Whether clients need us to serve as a single point of contact to represent their bondholders or to represent a Special Purpose Vehicle (SPV), we leverage deep experience to help issuers meet their obligations under the terms and conditions of the instrument.

Our Benefits

As a federally regulated trust company in Canada, we provide numerous benefits for clients requiring structured financial services. More than recordkeepers, we serve as an advisor to clients, and clients rely on our issuer trustee services for customized solutions that address current and complex issues in the marketplace through our team's extensive experience in structured finance.

Customized Offerings Upon Request

At TSX Trust, we understand the unique needs of our clients. For this reason, we take a flexible approach to our structured finance solutions offerings, and we work with clients to provide customized services that address the specific requirements of their individual transactions, as well as the current and complex issues in the marketplace. More than a recordkeeper, we serve as an advisor by providing high-touch, personalized, and experience-backed service for each client.

Our Services

We provide customized services from a broad suite of structured finance solutions, including the following:

  • Administrative agency
  • Special Purpose Vehicle (SPV) administration
  • Covered bond administration
  • Asset-backed commercial paper conduit administration
  • NHA-MBS custody and mortgage title custody
  • Issuer trustee services

Contact Our Sales Team

Please complete the following form to speak with one of our Sales representatives. If you are a current client or investor and need support please click here.

Insights from TSX Trust

Private Placements on the Rise
While the flurry of IPOs in Canada has attracted its fair share of media attention over the past year, the rapid growth of private placements has seemingly gone unnoticed.
Read more
AGM Checklist: Practical tips to consider for your upcoming Virtual Shareholder Meeting
You’ve set a date for your annual general meeting and are planning to hold it virtually. So now what? What steps can you take between now and your AGM to ensure your meeting runs smoothly and without a hitch?
Read more
TMX Group CEO John McKenzie Moderates Panel on Stakeholder Capitalism
What role do public companies have in addressing the issues that impact modern society? That was the question posed to Canadian business leaders at a recent Canadian Chamber of Commerce panel discussion moderated by TMX Group CEO John McKenzie.
Read more