• Contact
  • Feedback
Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

MARQ runs at RMBS hurdles

23 August 2012 4:29PM
Issuers of covered bonds and mortgage-backed securities are being asked to pay the costs of a new analytical service that its promoters contend is needed to tackle the scepticism towards this asset class among offshore investors.Perpetual Corporate Trust and Oliver Wyman have backed the service developed by Morgij Analytics, a firm founded by former Barclays Capital and Allco executive Graham Andersen.The new service, dubbed MARQ Services, aims to collate much more detailed - and much more comparable - information on home loan pools supporting RMBS bonds than is presently available (mainly from Perpetual). MARQ will present this data in a more accessible way.The aim is to persuade, if not cajole, issuers to contribute this data to MARQ on the grounds that better data will make mortgage bonds - including covered bonds - easier to sell. MARQ's backers have recruited an advisory board that includes former ASX chair Maurice Newman and former Commonwealth Bank CEO David Murray as members.The task of this pair may be more about sales rather than advice, given the target market comprises only a dozen or so issuers.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use