Partners and References

True Sale International GmbH (TSI) was founded in 2004 as an initiative launched by 13 banks in Germany to further the German securitisation market. Today, TSI deals with a far wider range of issues, covering broad segments of the asset based finance market. TSI's original intention was to enable banks in Germany to securitise their own loans under German law and on the basis of a standardised procedure approved by all market players as well as to create a brand for German quality securitisations. The DEUTSCHER VERBRIEFUNGSSTANDARD (German securitisation standard), which is now firmly established, sets standards for transparency, investor information, lending and loan processing and excludes "originate to distribute" (OTD) structures.

Verband Deutscher Treasurer e.V. is the official German association of Corporate Treasurers representing approximately 1000 treasury professionals from 500 companies.