Perform securitization

Trigger: A financial institution identifies a portfolio of illiquid assets, such as loans or mortgages, to package and sell for liquidity or risk management purposes.

1. Identify and select target assets for the portfolio pool
2. Transfer assets to a Special Purpose Vehicle (SPV)
3. Structure the securities into distinct risk tranches
4. Obtain credit ratings from rating agencies
5. Underwrite and market the securities to investors
6. Execute the sale and distribute proceeds to the originator
7. Administer ongoing cash flows and investor reporting

Outcome: The illiquid assets are successfully transformed into tradable, rated securities and sold to investors, with capital returned to the originator.