Banking - Melbourne, Victoria, Australia
ConnXsyn is the game changer for Mutual ADIs in Australia. ConnXsyn is the virtual sector wide balance sheet where all Mutual ADIs can come together to match supply and demand in a regulated retail residential lending market.ConnXsyn allows an Individual Institution to not have to say NO to a request for residential related lending resulting from individual balance sheet or lending cap restrictions. ConnXsyn allows an ADI suffering a restriction to connect and syndicate with another Mutual ADI to meet your member/customer(s) needs. You get to choose the level of exposure you wish to retain.If your ADI has available capacity within your balance sheet or lending caps, it enables you to bring that capacity to market and grow your balance sheet in (mostly new and diversified) markets of your choosing in accordance with your individual credit risk appetite at price points that you determine.ConnXsyn is live, operating and currently syndicating residential home loan related transactions. ConnXsyn fully complies with all the Prudential and Accounting standards and holds Regulatory consent.