AssetCore signs license agreement with Devonshires
Devonshires Solicitors LLP, one of the leading legal firms specialising in housing finance and related property security, has signed a license agreement with AssetCore. The license will enable Devonshires to receive asset and security data and documents in a standardised and robust format from any of its registered provider clients using AssetCore. Devonshires is bringing its market leading expertise to help Circle incorporate the AssetCore system in its current charging exercises.Sharon Kirkham, securitisation Partner at Devonshires, commented “I think the AssetCore system will work really well for clients charging properties, either in advance of needing funds or for a bank loan, bond or private placement, as well as for those putting together their Asset and Liability Registers”.
Jacinta Balchin, Director of AssetCore, commented “Devonshires are an absolutely key player in the housing finance market and we are delighted to have signed a non-RP agreement with them. We will be working very closely with Devonshires to streamline the flow of information between Devonshires’ sophisticated in house Securitisation Toolkit and AssetCore, in order to enhance our services to our mutual clients. We expect to follow up shortly with other significant announcements regarding major banks, institutional investors, trustees, law firms and valuers joining AssetCore” .
Launched in December 2015, AssetCore is a fresh new approach to store, manage, analyse and share asset and property security data and documents in the housing finance sector. AssetCore is also an Asset & Liability register solution.