BRRD (Bank Recovery and Resolution Directive) establishes a framework for the “recovery and resolution of credit institutions and investment firms” in case of business crisis. Among the several resolution tools, Bail-In enables the recovery funds to come from shareholders and debt subscribers themselves (thus Bail-In, as the opposite happens with Bail-out, where recovery funds come from third parties), through the activation of the Bail-in clause available for the securities subject to it. The solution helps clients to identify and monitor the securities subject to Bail-in and related application hierarchy (the ranking according to which Bail-In is applied for a given security, or “pecking order”).
Specifications
Key Features
- High quality: the analysis is performed using only official reference data from primary sources as input.
- In-depth: Bail-in analysis is complex and leverages ICE’s experience in market analysis, requiring extensive data about financial instruments, issuers and group structures.
- Flexibility and customizability: the simple data structure eases integration and the customizable analysis process ensures a tailor-made output.
Products
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