– The Prelios Group is one of the winners of the GlobalCapital European Securitization Awards 2021, the third edition of the international program organized by GlobalCapital, a British publication founded in 1987, which has announced its awards for the best European structured finance deals of 2020.
The Award in the NPL Servicer of the Year category was assigned to Prelios after the close of voting by industry operators and GlobalCapital readers. The winners in each Award category were chosen by more than 3,000 voters from over 800 companies, including C-level executives, managing directors, portfolio managers and partners.
"This Award goes to all the men and women of the Prelios Group: our thanks to them first of all and of course to the people who voted for us and enabled us to win this prestigious honor,” said Prelios Group CEO Riccardo Serrini. "For us, being named NPL Servicer of the Year is public recognition of a track record of more than 30 years, our performance, the judgment of our partner clients, the regulators and the rating agencies.” In the distressed credit servicing field, "Prelios has always been an outstanding innovator and leader,” Serrini added. "Examples include our lead positioning in NPL securitization with the State GACS guarantee, our first-mover role in the entirely new field of UTP credits, and the launch of our BlinkS fintech platform, which is closely followed by the ECB and the Bank of Italy and recognized by the market as an outstanding European benchmark for the application of innovative technology to the credit market".
The Prelios Group was named NPL Servicer of the Year from a short list that included DoValue, Hipoges, Link, Whitestar.
The five nominees in each category were decided after GlobalCapital received more than 900 indications and suggestions on the most significant operators in banking, finance, securitization, law and asset-backed securities. The GlobalCapital European Securitization Awards 2021 examined deals and market transactions completed in 2020.
All the winners and finalists of the GlobalCapital European Securitization Awards 2021 are listed on www.globalcapital.com.