Overview
Lobbying Costs
150,000€
Financial year: Jan 2017 - Dec 2017
Lobbyists (Full time equivalent)
1 Fte (2)
Lobbyists with EP accreditation
0
High-level Commission meetings
1
Lobbying Costs over the years
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Info
European DataWarehouse GmbH (ED)
EU Transparency Register
781559916266-15 First registered on 04 Mar 2015
Goals / Remit
European DataWarehouse (ED) is the first central repository in Europe for collecting, validating and making available for download detailed, standardised and asset class specific loan level data (LLD) for Asset-Backed Securities (ABS) transactions and Additional Credit Claims (ACC). ED provides loan and bond level data as well as documentation repository services for the fixed income market. Developed, owned and operated by the market, and endorsed by the Eurosystem, ED helps to facilitate risk assessment and to improve transparency standards for European ABS deals. ED was created in 2012 following the establishment of the Eurosystem ABS Loan Level reporting requirements. ED became fully operational in January 2013 and is funded and owned by a mix of market participants. ED operates as a utility to respond to the need for improved transparency to investors and other market participants in ABS, and currently hosts data for almost 1300 Asset-Backed Securities (ABS) transactions and private portfolios belonging to several different originators across Europe. More than 400 Data Owners (DO), Data Providers (DP) and Data Users (DU) are registered with ED. Originators, issuers and servicers upload ABS data to ED, while DU including investors, data vendors, rating agencies and public institutions use ED data for monitoring and risk assessment purposes.
Main EU files targeted
ECB ABS Loan-Level Initiative
ECB Eligibility Criteria and Assessment
ECB ABS Purchase Programme
Additional Credit Claims framework for Ireland, Italy, France and Portugal
Energy Efficiency Data Protocol and Portal Initiative
Covered bondsAddress
Head Office
Walther-von-Cronberg-Platz 2
Frankfurt am Main 60594
GERMANY -
People
Total lobbyists declared
2
Employment time Lobbyists 50% 2 Lobbyists (Full time equivalent)
1
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
Mr Marco Angheben (Head of Business Development)
Person with legal responsibility
Mr Christian Thun (Chief Executive Officer)
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Categories
Category
III - Non-governmental organisations
Subcategory
Non-governmental organisations, platforms and networks and similar
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Networking
Affiliation
ED is an observer of the European Covered Bond Council, European Mortgage Federation, European Financial Markets Association, and Eurofina
Member organisations
European DataWarehouse has 17 shareholders from across Europe. The current shareholders as of January 2019 are as follows:
Banco Bilbao Vizcaya Argentaria S.A.
Banco Santander S.A.
BNP Paribas S.A.
Caixa Bank S.A.
Crédit Agricole S.A.
Crédit Foncier de France
Creditreform Rating AG
DBRS Ratings Limited
Dutch Securitisation Association
Intesa Sanpaolo S.p.A.
Instituto de Crédito Oficial
Moody's Group Cyprus Limited
MMS Germany Holdings GmbH
Société Génerale S.A.
True Sale International GmbH
UniCredit S.p.A.
Unione di Banche Italiane S.c.p.A. -
Financial Data
Closed financial year
Jan 2017 - Dec 2017
Lobbying costs for closed financial year
150,000€
EU grant income for closed financial year
150,000 € (Source: EeDap project)
Other financial info
ED receives most of its funding from bond issuers and servicers on one side and data users on the other.
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EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
ED key characteristics are centralisation (single centralised data repository in Europe for the ABS market), transparency and accessibility (fast access to data; disaggregated data: relevant information allows a high degree of ABS portfolio transparency) and standardisation (standardised definitions of reporting formats for quick and efficient comparison). ED current projects include: in-depth deal analysis, data quality management (customisation of stratification tables and comparison across submissions; drill down to loans across jurisdictions and time series); monitoring and risk management (analysis of deal composition and comparison with transaction documentation; portfolio monitoring – evolution of late stage arrears and defaults; single vs. multi issuer deal analysis; clusters of borrower credit profiles according to specific criteria such as age, income, employment status etc.) and mortgage market benchmarking. ED has also launched a document repository that is now available for all transactions. The documentation section is in compliance with the Bank of England reporting requirements and other EU regulations for ABS eligibility criteria. Moreover, ED has organised a series of workshops and webinars for data owners and providers in order to increase awareness of data quality issues, and has participated to the main conferences related to the ABS market organised across Europe.
Other activities
European Commission is a data user
Meetings
Meetings
1 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 25 Jan 2023 Location Brussels Subject European securitization market DG Financial Stability, Financial Services and Capital Markets Union Attending - John Berrigan (Director-General)