What they say they do
CORA (Collateral Oversight and Risk Analytics) describes an AI-native credit and collateral monitoring platform for banks and private credit funds, including asset-based lending: it reads the credit agreement's defined terms into each deal's configuration, requests borrower reporting each period, recomputes the borrowing base from gross and tests covenants on the agreement's formulas, with each figure tied to its source and approvals left to named people.
Capabilities
5 capability claims, each linked to the vendor page it came from.
Use cases this maps to
- PCT-035 Will the new concentration limit bite? Test your portfolio against your back-leverage facility's eligibility limits via borrowing base
- PCT-069 ABF data-tape anomaly screen: duplicate collateral, stale borrowing-base assets and impossible loan fields via borrowing base
- PCT-071 Every borrower's quarterly pack, spread into one monitoring model: covenant headroom tracked quarter by quarter via covenant tests, reporting collection
- PCT-072 Borrowing base certificate, re-run from the tape: eligibility, concentration excess and true availability via borrowing base
- PCT-073 Recurring revenue loan: test ARR leverage and minimum liquidity, and check whether the borrower can flip to EBITDA via covenant tests
- PCT-074 Amendment or waiver request in: what is being asked, who has to consent, and what it does to the covenant via covenant tests
- PCT-076 Early-warning brief across the book: financials, reporting behaviour, requests and news in one cited watchlist draft via portfolio monitoring
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