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JUDO CAPITAL APPOINTS AMAL

AMAL has been appointed Trustee and Back-Up Servicer to three new warehouses for
specialist SME lender, Judo Capital.

Find out more


AMAL

The region’s only integrated provider of Loan Servicing, Corporate Trust and
Agency Services

Find out more


BRIGHTEN APPOINTS AMAL

Brighten Home Loans has appointed AMAL as Primary Servicer and Trustee for their
$A500 million program for non-resident borrowers.

Find out more


JUDO CAPITAL APPOINTS AMAL

AMAL has been appointed Trustee and Back-Up Servicer to three new warehouses for
specialist SME lender, Judo Capital.

Find out more


AMAL

The region’s only integrated provider of Loan Servicing, Corporate Trust and
Agency Services

Find out more


BRIGHTEN APPOINTS AMAL

Brighten Home Loans has appointed AMAL as Primary Servicer and Trustee for their
$A500 million program for non-resident borrowers.

Find out more


JUDO CAPITAL APPOINTS AMAL

AMAL has been appointed Trustee and Back-Up Servicer to three new warehouses for
specialist SME lender, Judo Capital.

Find out more
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AMAL COVID-19 Update

AMAL has been operating remotely since 17 March 2020 with little, if any,
disruption of services to customers and industry partners. Our entire team
remains in good health and our technology platform continues to perform at full
capacity.

Effective 1 April 2021 the bulk of the team has returned to the office under a
two team strategy. Customers and industry partners should notice minimal change
to operations and service levels, however please contact us if  you have any
questions or concerns.

We will continue to provide you with up-to-date information here on our website
as the situation evolves


ESTABLISHED IN 1994, AMAL IS THE REGION’S ONLY INTEGRATED PROVIDER OF LOAN
SERVICING, CORPORATE TRUST AND AGENCY SERVICES AND HAS OVER $A16 BILLION OF
FUNDS UNDER ADMINISTRATION AND SUPERVISION IN AUSTRALIA AND NEW ZEALAND. CLIENTS
RANGE FROM THE SMALLEST START-UP TO SOME OF THE REGION AND THE WORLD’S LARGEST
FINANCIAL INSTITUTIONS.


Click on a link below for more information on specific services.



LOAN SERVICING

Plug-and-play loan servicing infrastructure.

Over $A9 billion of funds under administration.

Back-up Servicer of over three million receivables.

Ranked ‘STRONG’ by Standard & Poors


TRUSTEE SERVICES

Proven infrastructure and compliance platform.

Highly experienced executive team.

Over $A6 billion of funds under supervision.

Full range of corporate trust and agency services.


EXAMPLE TRANSACTIONS


AGL - MACARTHUR WIND FARMS

AMAL'S ROLE

Facility Agent

TRANSACTION DETAIL

$A500 million debt facility



BC SECURITIES

AMAL'S ROLE

Trustee Services
Trust Manager
Bak-up Servicer

TRANSACTION DETAIL

$A700 million
Non-resident residential loans
Funded by global investment bank


BALMAIN

AMAL'S ROLE

Primary Servicer
Trustee Services
Trust Manager

TRANSACTION DETAIL

Over $A1 billion commercial real estate debt


BRIGHTON HOME LOANS

AMAL'S ROLE

Primary Servicer
Trustee Services

TRANSACTION DETAIL

$A500 million
Non-resident residential loans
Funded by global investment bank


GREENSBOROUGH PLAZA

AMAL'S ROLE

Facility Agent
Security Trustee

TRANSACTION DETAIL




JUDO BANK

AMAL'S ROLE

Trustee
Security Trustee
Back-Up Servicer

TRANSACTION DETAIL

Specialist SME lender
Over $A1 billion of loans


LATITUDE

AMAL'S ROLE

Back-up Servicer

TRANSACTION DETAIL

$A8.4 billion
$NZ1.4 billion
Consumer Finance


LONGREACH ALTERNATIVES

AMAL'S ROLE

Primary Servicer
Trustee

TRANSACTION DETAIL

Specialist corporate lender
Private credit investment manager
Over $A300 million


MERRICKS

AMAL'S ROLE

Primary Servicer

TRANSACTION DETAIL

Large-ticket commercial real estate debt


METRICS CREDIT PARTNERS

AMAL'S ROLE

Facility Agent
Security Trustee

TRANSACTION DETAIL

Leading non-bank financier
Acting on over 30 debt facilities


RF CAPITAL/SCHRODERS

AMAL'S ROLE

Primary Servicer

TRANSACTION DETAIL

Commercial real estate debt    
Managed by RF Capital    
Mandate from Schroders up to $400 million


RES/YBR

AMAL'S ROLE

Primary Servicer

TRANSACTION DETAIL

RMBS program backed by Major Bank


GOVERNANCE, RISK AND COMPLIANCE

AMAL’s governance, risk and compliance framework underpins the entire business
model and is one of the key reasons our clients choose AMAL for Loan Servicing
and Trustee Services.

Directly and indirectly, AMAL spends over $A3 million each year on governance,
risk and compliance. This investment provides our clients with a range of
benefits but, most importantly, it provides their management, business partners
and customers with the confidence that we will maintain the highest standards of
service, governance, compliance and quality.


Download our S&P Servicer Evaluation
Corporate Governance and Internal Controls


CORPORATE GOVERNANCE AND INTERNAL CONTROLS

AMAL’s corporate governance framework is overseen by its Board of Directors. The
Board has established focussed committees whose chairs are responsible for
carrying out discussions on important company matters and daily operations, both
at Board and management level. AMAL’s internal controls framework is based on
ISO9001:2015 Quality Management System, and includes both preventative and
detective controls such as:

 * Segregation of duties.
 * Approvals, authorisations and verifications.
 * Comprehensive data quality checking procedures across all client functions.
 * Multiple electronic checklists for critical data and functional processes.
 * A wide range of automated system checks, alerts and reports to identify data
   anomalies.

AMAL maintains a comprehensive, ongoing internal audit process across all areas
of the business, overseen by the Executive Director – Governance, Risk and
Compliance.

Risk Management


RISK MANAGEMENT

The identification, analysis, monitoring and treatment of risks both within and
outside of the business is a continual process, overseen by AMAL's Risk
Management Committee.

AMAL uses a cloud-based risk management and compliance product called Promapp,
which was built on the framework provided by ISO31000 Risk Management –
Principles and Guidelines.

Compliance with Applicable Laws and Regulations


COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS

Compliance with laws and regulations is continually monitored at both a
corporate and client level. This includes a number of components:

 * Regular compliance and legislation training for employees.
 * Performance of an impact analysis for all clients prior to the change, or
   introduction, of any legislation.
 * Maintenance of necessary licenses:

 * Australian Credit License (ACL).
 * Australian Financial Services License (AFSL).
 * External Dispute Resolution (EDR) membership with Credit Ombudsman Service
   Ltd (COSL).

Ethical Practices


ETHICAL PRACTICES

The AMAL Group has a strong focus on corporate and personal ethics and this is
underpinned by a number of policies, processes and commitments including:

 * An Ethics Policy agreed by every staff member.
 * A Chinese Walls Policy that is strictly observed by every staff member.
 * A statement of the AMAL Group’s ‘Visions and Values’ which has been developed
   by staff members to outline what’s important to the business and their own
   personal goals.
 * A commitment to Sustainability and Corporate Social Responsibility.
 * AMAL is also bound by the Code of Conduct of the Mortgage and Finance
   Association of Australia (MFAA) and the rules of the Credit and Investments
   Ombudsman (CIO), as a member of these industry organisations.

External Audit


EXTERNAL AUDIT

AMAL is subject to a number of external audits including the following:

 * An annual servicer evaluation by Standard & Poor’s Ratings Services (S&P),
   now in its 12th year. In April 2017 S&P affirmed its overall STRONG ranking
   for AMAL (the highest possible ranking) as a servicer in Australia and New
   Zealand The S&P report attributed the ranking to the following key strengths:

 * AMAL’s highly qualified and skilled workforce, including an experienced and
   qualified senior management team.
 * Sound risk management and compliance practices, underpinned by a risk
   management tool that meets industry best practices.
 * Effective processing and servicing policies and procedures.
 * Work-flow improvements and increased servicing efficiencies through continual
   investments in new technology.

 * Since 1997 AMAL has been certified under the ISO9001:2015 Quality Management
   Systems international standard. The certification is undertaken annually by
   SAI Global and provides AMAL and its clients with independent auditing and
   certification to evidence full compliance this comprehensive and
   process-focussed framework.
 * Regular audits by clients, and their advisers.
 * Regular due diligence discussions with funders and rating agencies.


AMAL NEWS

LATEST NEWS STORY


SPOTCAP APPOINTS AMAL AS BACK-UP SERVICER

JUNE 6, 2019

Spotcap is an online lender for small and medium-sized businesses. The company
was founded in 2014. The company is headquartered in Berlin, operating in Spain,
the Netherlands, the UK, Australia and New Zealand.

The New Zealand based bank providing Spotcap's wholesale fuding facility
requested that a Back-Up Servicer be appointed. Following discussions and the
development of a plan tailored to Spotcap's business and funding models, AMAL
was appointed.


PREVIOUS NEWS STORIES

NOVEMBER 9, 2018

JUDO CAPITAL GOES LIVE WITH AMAL

NOVEMBER 9, 2018


JUDO CAPITAL GOES LIVE WITH AMAL

Judo Capital is a new, specialist SME lender, currently awaiting its banking
licence, that has raised over $140 million of equity. AMAL Trustees played a
significant role in assisting Judo with its first three warehouses. Co-founder,
Tim Alexander, said:

“We engaged the AMAL team very early in the evolution of our company with the
promise of high levels of service and a true relationship style of doing
business. What we have experienced is right at the top end of our expectations,
the team have taken a long term approach to the relationship demonstrating
genuine interest in our well-being and providing value add support on many
dimensions of our business.”

NOVEMBER 5, 2018

ALLIED CREDIT APPOINTS AMAL

NOVEMBER 5, 2018


ALLIED CREDIT APPOINTS AMAL

Allied Credit provides a range of branded and floor plan finance products to
major vehicle and equipment manufacturers.

AMAL Trustees has assisted Allied launch a succession of discrete warehouse
transactions.

Group services provided to Allied include trustee, security trustee, trust
management and back-up servicing.

OCTOBER 18, 2018

AMAL GOES LIVE WITH HOUSEHOLD CAPITAL

OCTOBER 18, 2018


AMAL GOES LIVE WITH HOUSEHOLD CAPITAL

Following an extensive implementation program, AMAL has gone live as primary
servicer with new reverse mortgage provider, Household Capital.

Household Capital is a specialist retirement funding provider, offering
responsible long term access to home equity to meet the needs of an ageing
population. Home equity can be used to top up superannuation, enhance retirement
income and improve retirement housing.

AMAL worked closely with Household Capital and its funding partner, ME Bank, to
develop a robust servicing architecture, meeting strict requirements around:

 * Product design.
 * Technology integration and security.
 * Governance, risk and compliance.
   

APRIL 11, 2018

AMAL GOES LIVE WITH LONGREACH

APRIL 11, 2018


AMAL GOES LIVE WITH LONGREACH

AMAL has gone live with the Longreach Direct Credit Fund, provided by specialist
alternative asset manager, Longreach Alternatives.

The fund is available to wholesale investors and invests in senior secured loans
to Australian corporate borrowers.

AMAL is providing a range of services to the fund including primary servicing
and trustee services.


DECEMBER 8, 2017

AMAL APPOINTED BACK-UP SERVICER STOCKCO FACILITY

DECEMBER 8, 2017


AMAL APPOINTED BACK-UP SERVICER STOCKCO FACILITY

AMAL has been appointed Back-up Servicer to a funding facility for StockCo.

StockCo have been providing innovative livestock financing solutions in
Australia and New Zealand since 1995.

Based on the requirements of the stakeholders and the nature of the business,
AMAL has developed a tailored Back-up Servicing plan with a specific focus on
the systems used by StockCo to manage the receivables.

NOVEMBER 10, 2017

PALISADE MIRANDA APPOINTS AMAL

NOVEMBER 10, 2017


PALISADE MIRANDA APPOINTS AMAL

Galileo Funds has appointed AMAL as Facility Agent and Security Trustee for its
$A80 million construction facility for the Pallisade Miranda residential
development.

The transaction is a syndicated facility arranged by Metrics Capital Partners
together with an offshore lender.

Palisade is an eight-storey, resort-style development of 197 apartments from
developer Galileo Funds.

SEPTEMBER 22, 2017

AMAL APPOINTED TRUSTEE AND TRUST MANAGER FOR WRF

SEPTEMBER 22, 2017


AMAL APPOINTED TRUSTEE AND TRUST MANAGER FOR WRF

Wholesale Rental Finance Pty Ltd (WRF) has appointed AMAL as Trustee and Trust
Manager on its securitisation funding facility with Bendigo and Adelaide Bank.
The transaction was closed as part of the acquisition and refinancing of WRF by
a consortium of investors including former Pepper executives, Partick Tuttle and
David Holmes.

Established in 1999, WRF (operating as the Little Lease Company) provides small
and micro-ticket asset-based finance to Australian small businesses.

SEPTEMBER 5, 2017

THORN APPOINTS AMAL AS BACK-UP SERVICER

SEPTEMBER 5, 2017


THORN APPOINTS AMAL AS BACK-UP SERVICER

AMAL has been appointed Back-up Servicer of a $A250 million bank warehouse for
the Thorn Group.

The warehouse backs Thorn’s equipment finance business, which provides
commercial rental and leasing solutions for business and government.

AUGUST 14, 2017

BC SECURITIES APPOINTS AMAL TO $700M FACILITY

AUGUST 14, 2017


BC SECURITIES APPOINTS AMAL TO $700M FACILITY

BC Securities has appointed AMAL as Primary Servicer, Trustee, Security Trustee
and Trust Manager to their $A700 million program for non-resident borrowers. The
facility comprises a $A500 million warehouse facility with a foreign investment
bank and a $A215 million debenture issue.

BC Securities are a Melbourne-based asset management, corporate advisory and
real estate finance firm, with a close relationship with Hong Kong-listed Far
East Consortium.

The program leverages AMAL’s integrated service offering across both loan
servicing and trustee services; unique in the Australian marketplace.

JULY 1, 2017

BIS APPOINTS AMAL AS FACILITY AGENT AND SECURITY TRUSTEE

JULY 1, 2017


BIS APPOINTS AMAL AS FACILITY AGENT AND SECURITY TRUSTEE

ASX-listed BIS Industries has appointed AMAL as Facility Agent and Security
Trustee for its $A800 million syndicated debt facility.

BIS is a mining services company that provides logistics, materials handling,
specialist underground equipment and consulting services to resources companies
across Australia and Indonesia.

AMAL have replaced the incumbent Facility Agent and Security Trustee and are
working closely with the financiers through a complicated debt restructure
process.

JUNE 2, 2017

CREDIT CORP APPOINTS AMAL AS BACK-UP SERVICER

JUNE 2, 2017


CREDIT CORP APPOINTS AMAL AS BACK-UP SERVICER

AMAL has been appointed Back-up Servicer of a new facility for Credit Corp to
fund personal loans via their Wallet Wizard brand.

AMAL ASSET MANAGEMENT LIMITED

ABN 31 065 914 918
Australian Financial Services Licence 339904
Australian Credit Licence 339904

AMAL TRUSTEES PTY LIMITED

ABN 98 609 737 064
Australian Financial Services Licence 483459
Australian Credit Licence 483459

AMAL SECURITY SERVICES PTY LTD

ABN 48 609 790 758
Australian Financial Services Licence 483461

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