Insights
Perspectives on credit operations.
Our articles examine how private credit operations work in practice, where processes tend to fail and what managers can do to correct them. They are written by practitioners on the Dacumen team.
Where spreadsheets break in private credit operations
Five processes that commonly outgrow Excel as a credit portfolio grows, and three questions that show which of your own processes have reached that point.
Build, buy or outsource: a practical test
Three questions that help a credit manager decide, process by process, whether to build a capability in-house, buy software for it or outsource it to a specialist.
The case for daily reconciliation of credit portfolios
Why reconciling to the trustee or custodian every day takes less total effort than reconciling once a month, and what a team needs in place to do it.
What we write about
The subjects our articles cover.
Off the spreadsheet
Where spreadsheet-based processes fail in credit operations, and what replacing them involves.
The operating model
How a manager’s operations should change as its assets, funds and financing facilities grow.
Under the hood
Trade settlement, reconciliation, cash and leverage facilities, explained in detail for the people who perform these processes.
AI in credit operations
Where AI is useful in credit operations today, where it is not, and what must be in place before it can be relied on.
Discuss your priorities.
Describe the operational issue that most concerns you. A senior member of our team will respond.