Vendor ·
Cardo AI publishes asset-based finance data standards for 30 collateral types on one shared data model
Cardo AI introduced data standards for 30 asset-based finance asset classes, 11 consumer and 19 corporate, from consumer loans to aircraft to music royalties, which it says represent about $5.8 trillion of the ABF universe. Each standard defines how an asset class is described, tested and monitored, covering eligibility criteria, borrowing-base grids, covenants, liability structures and payment waterfalls, with open formulas traceable from source fields to final calculations. All 30 extend one shared data model of 116 canonical fields. The full packs are available to lenders and investors on request, under NDA per Cardo's page.
Why it matters for deal teams: Machine-readable eligibility and covenant rules are what make tape checks and borrowing-base re-runs automatable; a shared field model also makes deals comparable across collateral types.
Source: Cardo AI (ABF Standards page and Business Wire release) ↗ · more ↗