STATER Company

Stater Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Stater Company was founded in 1997, emerging as a leading provider of Software as a Service (SaaS) solutions for the mortgage servicing industry. The company was established with the vision of enhancing the efficiency and effectiveness of mortgage servicing for lenders, focusing on delivering high-quality services at lower costs.

Parent Company/Ownership Structure

Stater Company operates under the ownership of two major stakeholders: Infosys, which holds a 75% share, and ABN AMRO, which owns the remaining 25%. This ownership structure allows Stater to leverage the expertise and resources of both parent companies, enhancing its service offerings.

Headquarters Location

The headquarters of Stater Company is located in Amersfoort, the Netherlands. This strategic location allows Stater to effectively manage its operations across Europe, particularly in Germany and Belgium, where it has established a significant presence.

Global Business Scope

Stater Company operates primarily in the European mortgage servicing market, with a strong focus on Germany and Belgium. The company manages an impressive portfolio, overseeing approximately €330 billion in loan portfolios and 1.7 million mortgages. Its services cater to lenders, consumers, advisors, and notaries, ensuring comprehensive support throughout the mortgage process.

Main Regulatory Bodies

Stater Company operates under the regulations of various financial and banking authorities in the regions it serves. In the Netherlands, it adheres to the guidelines set forth by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). In Germany, it complies with regulations from the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), while in Belgium, it follows the rules established by the National Bank of Belgium (NBB).

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2. Company History and Development

Key Milestones

Since its inception in 1997, Stater Company has achieved several key milestones:

• 1997: Stater is founded, laying the groundwork for its future in mortgage servicing.
• 2001: Expansion into Belgium, establishing Stater Belgium NV as a key player in the Belgian mortgage market.
• 2018: Stater reaches a significant milestone by managing over 1.7 million mortgages.

Business Expansion Journey

Stater's expansion has been characterized by strategic partnerships and acquisitions that have broadened its service offerings and geographic reach. The establishment of offices in Düsseldorf, Germany, and Brussels, Belgium, has allowed Stater to serve a wider range of clients and enhance its operational capabilities.

Customer Base Growth

Stater Company has witnessed substantial growth in its customer base, primarily due to its commitment to providing efficient and cost-effective mortgage servicing solutions. The company has successfully partnered with numerous lenders, allowing them to outsource mid-office and back-office mortgage processes.

Platform Development History

Stater has continuously invested in technology to enhance its service delivery. The company has developed state-of-the-art portal capabilities that empower consumers to manage their mortgages throughout their lifecycle, from acceptance to redemption. This focus on digitization has positioned Stater as a leader in the mortgage servicing industry.

Important Awards or Recognitions Received

Stater Company has received several accolades for its contributions to the mortgage servicing sector, including the highest rating (RPS 1) from Fitch in Europe. This recognition underscores Stater's commitment to maintaining high standards of service quality and operational excellence.

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3. Trading Services Offered

Forex Trading Options

Stater Company primarily focuses on mortgage servicing rather than direct trading services like Forex. However, it provides lenders with access to comprehensive data services and reporting that can aid in making informed decisions regarding financial products.

Stock Trading Options

As a mortgage service provider, Stater does not engage in stock trading directly. Instead, it supports lenders by managing their mortgage portfolios and providing essential data analytics that can inform investment decisions.

CFD Trading Products

Stater does not offer Contracts for Difference (CFDs) as part of its service portfolio. Its primary focus remains on mortgage servicing and related financial services.

Other Financial Instruments

Stater Company does not directly deal in cryptocurrencies or commodities. Its services are concentrated on mortgage origination and servicing, providing lenders with a full suite of support services.

Special Services or Unique Advantages

One of the unique advantages of Stater Company is its combination of highly digitized processes and a human touch through experienced staff. This dual approach enables the company to deliver efficient and personalized customer service, ensuring that all parties involved in the mortgage process are well-supported.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Stater Company operates under the oversight of multiple regulatory bodies, including:

• De Nederlandsche Bank (DNB) - Netherlands
• Autoriteit Financiële Markten (AFM) - Netherlands
• Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) - Germany
• National Bank of Belgium (NBB) - Belgium

Legal Entity Structure by Region

Stater operates as a distinct legal entity in each region, with Stater Belgium NV specifically catering to the Belgian market. This structure ensures compliance with local regulations while providing tailored services to clients.

Client Fund Protection Measures

Stater Company adheres to strict client fund protection measures, ensuring that all client funds are safeguarded in accordance with regulatory requirements. This includes maintaining separate accounts for client funds and implementing robust internal controls.

Countries/Regions Served

Stater primarily serves clients in the Netherlands, Germany, and Belgium, focusing on the European mortgage servicing market. Its comprehensive service offerings are designed to meet the diverse needs of lenders and consumers across these regions.

Compliance History

Stater Company has maintained a strong compliance history, consistently meeting the regulatory requirements set forth by the governing bodies in each of its operating regions. Its commitment to compliance is evident in its operational practices and service delivery.

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5. Competitive Landscape

3-5 Main Competitors

Stater Company faces competition from several key players in the mortgage servicing market, including:

• Belfius - A major banking and financial services provider in Belgium.
• KBC Bank & Verzekering - A leading bank in Belgium offering various financial services.
• ING Belgium - A prominent player in the Belgian banking sector, providing mortgage and financial products.
• BNP Paribas Fortis - A major bank operating in Belgium, offering mortgage solutions.

Positioning in the Industry

Stater Company positions itself as a market leader in mortgage servicing, emphasizing efficiency, cost-effectiveness, and high-quality customer service. Its strong technological capabilities and experienced personnel differentiate it from competitors.

Market Differentiation Factors

Stater's competitive edge lies in its highly digitized processes combined with a personalized approach to customer service. This unique blend allows Stater to streamline mortgage servicing while ensuring that clients receive the necessary support throughout the mortgage lifecycle.

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Conclusion

Stater Company has established itself as a leading player in the European mortgage servicing market, driven by its commitment to innovation, customer service, and compliance. With a robust operational framework and strategic partnerships, Stater continues to enhance its service offerings, positioning itself for future growth in the evolving financial landscape.

For more information about Stater Company and its services, learn more.