Computershare is a global company with Australia parent. There is a wide scope of talent within this company. My particular area of expertise was a unique system specifically designed and maintained to satisfy the ever evolving Mortgage Backed Securities System. The Custodial record keeping system, vault details of certified Mortgages to be Pooled and daily transmissions to CMHC and participating Insurers is very specific. Receipt of all Participants (the banks) for the most part must ensure that the components of all pool were complete as per CMHC. Monthly payments of all principal, penalties, adjustments and redemptions for all security holders were calculated and distributed to security holders as per payment method desired (cheque, direct deposit or EFT). All financial reporting and distribution reports generated and some posted for Interested parties on a secured website.
All billing of services provided were invoiced based upon services provided. These were in turn used to perform budget allocations.