Core Services
Institutional Onboarding
& CRS Delivery
Our Process
01
Discovery & Structuring
We begin with a strategic review of your bond portfolio to assess downgrade exposure and define CRS structuring opportunities.
02
Product Customization
We tailor Credit Rating Securities to match your credit risk profile, leveraging your reference bonds and our compliant framework.
03
Execution & Custody
Securities are placed through Delphx Services Corp. and administered via US Bank, ensuring secure, transparent settlement.
04
Settlement & Reporting
We provide post-transaction monitoring and visibility through Bloomberg systems, with ongoing performance tracking.
Eliminating counterparty risk
Provides a standardized facility to issue recognized and transparent securities fully collateralized by US Treasuries, eliminating counterparty risk.
Expanding access
Expanding access to those who do not participate in swaps and derivatives, while also giving existing participants who are seeking risk protection / speculation a cost-efficient alternative to CDS.
Improved underlying risk profile
Provides an additional vehicle for yield enhancement with improved underlying risk profiles at lower costs of capitalization – without increasing derivatives exposure.
Conjunction with existing credit products
A novel and enhanced product that can be used in conjunction with existing credit products and strategies.

How we can help you?
Ready to transform your manufacturing operations? We're here to help. Contact us today to learn more about our innovative solutions and expert services.