Everything the deal team rebuilds each quarter, done once.
TranchFlow replaces the deal spreadsheet. Build the capital stack, run the waterfall against live collateral, and publish investor reporting from one auditable source of truth.
Waterfall engine
Encode priority of payments once. Run it across every scenario, period and deal without rebuilding a spreadsheet.
Live collateral tape
Ingest servicer files, normalise them, and watch delinquency, prepay and loss curves update as they land.
Investor reporting
Publish trustee-ready statements and covenant tests on a schedule, with every number traceable to source.
One auditable trail
Every figure a trustee sees traces back to the file it came from, the version of the waterfall that produced it, and the person who approved it.
Ridgeline CLO 2026-1
Capital structure · $412.0m
Senior · AAA
Mezzanine · A
Junior · BB
First loss
4.8y
WAL
Pass
OC test
127%
Coverage
Ready to see it against your own tape?
We onboard a deal in a week. Bring a collateral file and an indenture — we bring the waterfall.