Collections · Back-to-back transactions · FX · Hedging
A collections company specialized in serving professional investors and investment funds. Financial advisory in back-to-back transactions, foreign exchange transactions and hedging.
pignoro
verb · first person
from the Latin pignorā́re
pignoro = I give a guarantee
When it makes sense
The fund or investor has past-due amounts to collect and needs collection carried out with method and accountability.
Funding and investment, purchase and sale, or import and financing must close together, with matching terms and amounts.
Exchange-rate swings between contracting and settlement can eat up the margin expected from the transaction.
The exposure to currencies, interest rates or prices exists, but no one has decided how much to hedge, with which instrument and for how long.
Collateral has been given or received, and you need to know its condition, its value and how it would be enforced.
A payment, receipt or investment abroad calls for comparing terms, costs and paperwork before contracting.
Transactions
We structure and monitor transactions in which each leg must be covered by another, from the initial design to settlement.
Two or more transactions contracted together, so that the terms, amounts and indexes of one leg match those of the other.
Support with FX transactions for payments, receipts and investments abroad, from choosing the timing to checking the paperwork.
Protection against swings in exchange rates, interest rates and prices, sized by the actual exposure rather than by market expectations.
Collections
We are a collections company specialized in serving professional investors and investment funds. Recovering credit is keeping the guarantee our name promises.
Review of open receivables, debtors, contracts and collateral, to set priorities and the strategy for each case.
Contact with the debtor, negotiation of terms and conditions, and formalization of agreements, within the limits set by the creditor.
Verification of the status of the collateral backing each receivable and support for the steps needed to preserve and enforce it.
Periodic reports with the position of each receivable, the amounts recovered and the next steps, in the format the investor or fund uses.
Method
We understand the portfolio, the intended transaction and what needs to be protected or recovered.
We review receivables, contracts, collateral and exposures by currency, index and term.
We propose the transaction, the collateral and the instruments, with costs and risks clearly described.
We carry out the collection or follow the contracting with the institutions involved.
Periodic reports until settlement, with the updated position of each transaction.
Frequently asked questions
It comes from the Latin pignorā́re. Pignoro means I give a guarantee, I pledge. It shares its root with the Latin pignus, a pledge.
Professional investors and investment funds.
It is a set of two or more transactions contracted at the same time, in which one leg covers the other. Terms, amounts and indexes are defined together so that there is no mismatch between them.
It is a protective transaction. It reduces the effect of swings in exchange rates, interest rates or prices on a result that is already contracted or expected.
With an initial conversation so we can understand the portfolio or the transaction. Based on it, we send a proposal with the scope and the way we will work.
Contact
Send a message or ask for a time slot.
