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Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), Wilmington Trust Asset Management, LLC (WTAM), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. International corporate and institutional services are offered through M&T Bank Corporation’s international subsidiaries. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank. Member, FDIC. 
M&T Bank Corporation’s European subsidiaries (Wilmington Trust (UK) Limited, Wilmington Trust (London) Limited, Wilmington Trust SP Services (London) Limited, Wilmington Trust SP Services (Dublin) Limited, Wilmington Trust SP Services (Frankfurt) GmbH and Wilmington Trust SAS) provide international corporate and institutional services.
WTIA, WFMC, WTAM, and WTIM are investment advisors registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. Additional Information about WTIA, WFMC, WTAM, and WTIM is also available on the SEC's website at adviserinfo.sec.gov. 
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Our Structured Finance Essentials series offers a clear and practical overview of the foundational elements that drive successful structured finance transactions.

In this installment, we break down the core responsibilities of corporate trust service providers, including:

  • Indenture Trustee & Paying Agent: Helps verify compliance with transaction terms, managing investor payments, and safeguarding funds through dedicated accounts.
  • Owner Trustee & Master Trust: Holding legal title to assets and managing trust structures that support securitization and asset segregation.
  • Calculation Agent & Verification Agent: Overseeing payment waterfalls and validating data accuracy for fair and transparent reporting.
  • Document Custodian: Securing and verifying critical transaction documents to support audits, compliance, and asset transfers.
  • Backup Servicer: Providing continuity and risk mitigation by stepping in if the primary servicer is unable to perform.

Each role plays a key part in protecting stakeholders and helping to provide smooth execution of complex financial structures.

Download "Structured Finance Essentials: Essential Roles in a Structured Finance Deal" to explore these roles in detail and learn how the right provider can support your transaction from start to finish.

Have questions or ready to get started?

Whether you're planning your next transaction or simply want to better understand how we can support your structured finance needs, we're here to help.

Contact us today to speak with a structured finance specialist and discover how Wilmington Trust can bring clarity, coordination, and confidence to your next deal.

This article is intended to provide general information only and is not intended to provide specific investment, legal, tax, or accounting advice for any individual. Before acting on any information included in this article you should consult with your professional adviser or attorney. Facts and views presented in this report have not been reviewed by, and may not reflect information known to, or the opinions of professionals in other business areas of Wilmington Trust or M&T Bank. M&T Bank and Wilmington Trust have established information barriers between their various business groups.

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