Servicer Evaluation: Zenith Service SpA - S&P Global Ratings’ Credit Research

Servicer Evaluation: Zenith Service SpA

Servicer Evaluation: Zenith Service SpA - S&P Global Ratings’ Credit Research
Servicer Evaluation: Zenith Service SpA
Published Sep 08, 2015
Published Sep 08, 2015
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

The company has a stable organization and the managerial team has been strengthened by the appointment of a new chief information officer in 2014. In 2014, Zenith's overall business had further increased since our previous review (see "Servicer Evaluation: Zenith Service SpA," published on March 11, 2014). The company gained 17 new master servicing mandates, totaling 47 servicing agreements at the end of 2014. In our opinion, this shows Zenith's sound ability to attract new clients. Since our previous review, the company has improved its internal process to identify training needs and deliver training classes. Furthermore, the servicer introduced new career developments and a biannual salary review to better incentivize its staff. Zenith doubled its investment in its IT system

  
Report Type:

Full Report

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Servicer Evaluation: Zenith Service SpA" Sep 08, 2015. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Servicer-Evaluation-Zenith-Service-SpA-1447854>
  
APA:
S&P Global Ratings’ Credit Research. (). Servicer Evaluation: Zenith Service SpA Sep 08, 2015. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Servicer-Evaluation-Zenith-Service-SpA-1447854>
  
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