OUR SOLUTION
Waterfalls that match the docs and explain themselves
Waterfalls start from your structures to accelerate setup, while still allowing configuration for deal-specific mechanics like fees, caps, reserves, calendars, and priority order.
This keeps implementation fast without forcing a “one-size-fits-all” model.
Teams can standardize how they stand up waterfalls across deals, while still reflecting the exact structural details that matter for each transaction.
Cardo AI handles accruals and allocations across tranches/notes with full transparency.
Interest, principal, shortfalls, and carry-forwards are explainable period by period.
This replaces spreadsheet “mystery math” with repeatable logic stakeholders can review and rely on.
Our engine automates trigger driven behavior, including enforcement states, OC and IC logic, and structural switches.
When conditions change, the system automatically shifts priorities and makes the cause of the change visible.
Teams can see exactly why execution changed without manually reworking models mid cycle.
Runs are tracked with history and versioning, so results are auditable over time and differences between runs are explainable.
When you need to compare against trustee or admin outputs, reconciliation tooling highlights differences quickly rather than forcing manual cell-by-cell comparisons.
This supports independent validation while preserving a clean record of what was calculated, when, and under which waterfall configuration.
with our Technology
USE CASES
Operational waterfall execution, period after period
