Cherry Bank
Lesson Public-data case study: capital headroom and ROE trend. ARTedyX addresses it by buying selected performing credit exposures in cash at closing, where legal sale, RWA treatment and investor execution are confirmed.
AI platform for structured credit workflows
Turn raw bank credit data into investable structured assets.
ARTedyS AI supports the investment workflow. ARTedyX External SPV converts selected performing credit exposures into cash-purchase transactions at closing and investor-ready SPV debt / note series.
€25M–€150M
investor ticket
Buy / Sell
cash purchase at closing
SPV
debt / note series
Portfolio Intelligence Dashboard
Investor Ticket
€25M–€150M
Transaction
Buy / Sell
Closing
Cash
Upload
AI
Risk
SPV
Report
Cherry
€3.214B
receivables due from customers 2025
Kruso
€155.1M
public outstanding 2025
Ifis / illimity
€16.136B
customer loans 2025
Transaction
Buy / Sell
Cash
At closing
SPV
Debt / note series
Consolidated Consolidated Investment Perimeter
Three public-data use cases, one buy / sell execution logic.
Consolidated Investment Perimeter: €19.5bn of Consolidated Investment Perimeter across the three current use cases. ARTedyX execution focus is buy / sell: acquiring selected performing credit exposures in cash at closing and structuring investor-ready SPV debt / note series.
Kruso Kapital
Lesson Public-data case study: RWA recognition and capital treatment. ARTedyX addresses it by separating collateral economics from recognised prudential treatment and executing cash purchase through the SPV.
Banca Ifis / illimity
Lesson Public-data case study: acquisition growth and capital discipline. ARTedyX addresses it by acquiring selected credit exposures and structuring investor-ready transaction series.
Consolidated Investment Perimeter
Current public-data use cases represent approximately €19.5bn of Consolidated Investment Perimeter: Cherry Bank €3.214bn receivables due from customers 2025, Kruso Kapital €155.1m public outstanding 2025, and Banca Ifis / illimity €16.136bn customer loans 2025.
Group access
ARTedyS R&D, ARTedyX External SPV, ARTedyX Capital Holding.
Fitch Ratings context
External rating review perimeter: SPV ISIN bond notes.
Where appropriate, the bond notes issued by the SPV may be prepared for external rating review under Fitch structured-finance criteria. The rating target is the ISIN bond note backed by a defined performing asset pool, not ARTedyS AI and not the operating companies.
The credits to be reviewed are the SPV-issued notes backed by performing pools such as SME loans, consumer receivables, auto loans, leasing receivables, credit-card receivables and unsecured consumer loans.
Collateral focusPerforming, granular and diversified asset pools.
Structural featuresOver-collateralisation, liquidity reserve, coverage tests and priority of payments.
Reporting disciplinePool factors, stratifications, arrears, defaults, recoveries and waterfall reporting.
ApproachOutcome depends on collateral quality, structure, servicing, data integrity and applicable criteria.
A target outcome, including above BBB-, may be pursued only subject to Fitch Ratings' own criteria, assumptions, analysis and final committee decision. No Fitch rating is assigned or guaranteed by this demo.
Regulatory perimeter
ARTedyX External SPV is an acquisition and issuance vehicle.
ARTedyX External SPV is not presented as an asset manager, portfolio management company or AIFM. It is a transaction SPV intended to acquire eligible credit assets or credit exposures and issue investor-ready debt instruments.
Transaction SPV
ARTedyX External SPV acts as an external acquisition and issuance vehicle for defined credit perimeters, subject to transaction review and execution structure.
Principal risk purchase
Buying eligible credit exposure as principal is distinct from managing money for third-party investors under a discretionary portfolio-management mandate.
Licensed counterparties
Where fund management, loan servicing, securities placement, paying-agent, listing, custody, settlement or regulated distribution functions are required, the transaction uses the appropriate licensed counterparties.
Case-by-case review
The regulatory treatment depends on the asset type, borrower jurisdiction, investor category, servicing model, transfer mechanics, note format and distribution route.
Positioning statement: ARTedyX External SPV is the external transaction SPV. Regulated functions are handled through relevant licensed counterparties where required. This page is not a public offer of securities and does not constitute investment advice.
Workflow
One platform. One execution chain.
1
Upload portfolio tape
Import CSV loan tapes, servicer files, and related credit documentation.
2
Normalize credit data
Map heterogeneous fields into one standardized structure across jurisdictions.
3
Run AI analysis
Detect anomalies, build portfolio segmentation, and generate first analytics.
4
Score risk and eligibility
Estimate expected loss, apply stress scenarios, and select eligible receivables.
5
Structure SPV output
Generate pool size, tranche sizing, coupon assumptions, and report templates.
Capabilities
Built for credit operations, analytics, and structuring.
Data Ingestion
CSV and spreadsheet upload, field mapping, data validation, and storage orchestration.
AI Portfolio Analysis
Anomaly detection, portfolio clustering, weighted metrics, and quality scoring.
Risk Engine
Expected loss estimation, scenario analysis, and eligibility filtering for pool construction.
Structuring Engine
Pool sizing, senior / equity split assumptions, projected coupon, and report generation.
Investor Output
Investment summary, composition analytics, geography split, and note parameters.
Secure Infrastructure
Auth, database, storage, audit logs, and API functions with optional Supabase backend.
Architecture
Demo architecture ready for Supabase-backed deployment.
Bank Loan Tapes
CSV · XLSX · Documents
CSV · XLSX · Documents
→
Ingestion Layer
Upload · Validation · Mapping
Upload · Validation · Mapping
→
AI Engine
Normalization · Anomaly Detection
Normalization · Anomaly Detection
Risk Engine
Expected Loss · Eligibility
Expected Loss · Eligibility
→
Structuring Engine
Pool Builder · Tranche Logic
Pool Builder · Tranche Logic
→
Investor Output
Dashboard · Report · Note Inputs
Dashboard · Report · Note Inputs