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Global Debt Registry's Unique Process Will: - Facilitate portfolio ownership transfers at the account level and serve as a transfer agent for registered entities
- Maintain an electronic chain of title
- Generate a certified Transfer of Ownership Report for each portfolio at closing which identifies previous and new owner
- Generate a Registered Account Report on any owned account
- Limit access of accounts and transactions to the buyers and sellers specified on the accounts
- Allow originators to verify the current owner of any of their accounts at any time
- Certify a data set and its contents with a date and time stamp
- Upload account documents and data to a secure vault
- Authenticate buyers and sellers using software-based Two Factor Authentication prior to allowing them access to the Vault software
- Maintain all pertinent documents in a PCI DSS compliant hosted environment (Cardholders Agreement, any original documentation associated with account)
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