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Vinod Kothari Consultants is a premiere training agency which offers at least 20 training course on Credit Risk, securitization and credit derivatives all over the world, of which faculty for most of them is Mr. Vinod Kothari himself. The locations VK has offered seminars/ workshops on advanced topics in finance include New York, Washington DC, London, Milan, Frankfurt, Luxembourg, Sydney, Singapore, Hong Kong, Kuala Lumpur, Johannesburg, Mumbai, Delhi, Kolkata, Shanghai, Shenzhen, Colombo, Colombia (South America), Dubai, Kuwait, Dhaka, Zambia, Jordan, Egypt, Indonesia, Nigeria, etc.

Apart from trainings, Vinod Kothari Consultants has also worked with a number of reputed organizations in the world. Some of the prestigious projects that we have handled so far has been listed below:

• Structuring of low cost housing finance mortgage securitisation – Musa Capital, Johannesburg, South Africa.
• Advising Govt. of India on security interest enforcement laws, including mortgage laws – Tanmeyah Micro-enterprise Services.
• We are currently retained by National Housing Bank for promoting Covered Bonds in India.
• We were a part of a Working Committee formed by National Housing Bank to suggest measures for exploring capital market instruments in India and alternative instruments like Covered Bonds. We were instrumental in bringing the draft of the Covered Bonds regulation in India as well.
• We have recently acted as consultants for a Sri Lankan company on securitizing their pawn receivables. We have been engaged from structuring of the transaction to getting it through rating agencies and several other intermediaries involved.
• We have been a retainer to one of the rating agencies (CARE) in India. During our retainership, we have advised the client on their rating methodology, specific structured finance ratings proposals. The rating agency has rated several transactions of housing loan receivables too.
• Vinod Kothari has been on an Asian Development Bank consulting group to advise the Government of India on securitisation and enforcement of security interest laws in India. The group is responsible for suggesting comprehensive amendments to the SARFAESI Act in India to make securitisation and security enforcement laws effectively work in the country.
• Providing comprehensive consulting on securitisation of consumer finance receivables to Moccis, a company based in Malaysia. We adopted a hand holding approach to their securitisation effort including basic guidance, advising on the financial economics, structuring of their proposed securitisation, etc.
• Assisting the South African Revenue Service (income-tax department of South Africa) in preparation of a taxation manual for securitisation and synthetic securitisation transactions. We prepared a detailed guideline on securitisation and assisted them to prepare a taxation scheme to ensure tax neutral and yet robust taxation environment.
• Year-long retainership with Citibank for their securitisation activities in the country. During this term, we advised the bank on several securitisation transactions where Citibank was the structurer/investment banker.
• Advising Cognizant Technologies, IT Company headquartered in the USA, on structuring and modeling of residential mortgage backed transactions. Cognizant engaged us for a 6-month consulting contract for the modeling project that they envisaged for leading US banks (such as Deutche, Washington Mutual). This project required us to prepare detailed Excel models for real life securitisation transactions, primarily of residential mortgages, from the US market.
• Advising Infosys Technologies, a leading IT company, to set up the functional requirements for a securitisation module to be added to their software products. This assignment required us to take the company step by step through securitisation procedures and prepare cashflow models for various types of securitisation transactions.
• Advising GE Capital, a leading finance house, on several of their securitisation transactions. We have been engaged to vet and vouch information memoranda for securitisation transactions, check essential financial data, and advise the company on taxation and accounting requirements.

Our Securitisation workshops covers a broad spectrum of issues including motivations, legal issues, financial structure and cost of securitisation, accounting and taxation, regulatory capital, cash-flow modeling, documentation, investing in ABS, etc. Currently, the Securitisation Master Classes also include hot topics in structured finance like Covered Bonds.

Apart from the workshops, we also successfully conducted The Securitization Summits in 2012 and 2013, which saw coming together of high profile executives, speakers, sponsors, co-sponsors, panelists, supporters and participants too.

To know about our upcoming and past workshops, click here.

• Securitization Encyclopedia
• Securitization Glossary
• Asset Classes
• Link to the website of Indian Securitisation Foundation