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Lender Support

Administration Support

  • Client: UK Specialist Lender
  • Project Length: Ongoing
  • Personnel: Principal + Analyst Team
CS Admin Support 1

Background

The client had recently entered administration, and required analytical support to assist the existing risk team

The internal analytical function was shrinking in size due to cost reduction, however as a result it could no longer cover the workload

Vestigo were engaged to perform ad-hoc analysis requested by the administrators, easing the burden from the reducing internal resource

CS Admin Support 2

Engagement

Vestigo assisted in targeted analysis to focus collections efforts, offering timely insight for the administrators as they tried to quickly understand the business

This allowed the insolvency practitioners to concentrate energy on strategies most likely to drive recovery

Over time as internal resource reduced, the Vestigo team took ownership of regular portfolio reporting, removing any business continuity pressures and allowing consistency of insight for administrators throughout the recovery process

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