一年前，一起重大欺诈案暴露了原本常规金融文件中隐藏的风险，BNY 正在推出工具，以防范大约 1 万亿美元资产支持证券市场中的盲点。
A year after a pair of massive frauds exposed hidden risks in otherwise routine financial documents, BNY is rolling out tools to safeguard against blind spots in the roughly $1 trillion asset-backed securities market.
根据帮助组织此次行动的结构化金融协会（Structured Finance Association）的声明，此项工作的核心是一个数字登记平台，该平台将把美国消费者贷款和资产支持证券的数据集中在一个系统中。该平台将使投资者、银行家和其他人能够追踪交易从发行到二级市场交易的全过程。
At the center of the effort is a digital registry that will collect data on US consumer loans and asset-backed securities under one roof, according to a statement by the Structured Finance Association, which helped organize the effort with BNY. The platform will let investors, bankers and others track deals from their launch through trading in the secondary market.
“资产支持证券市场需要确定资产的所有权归属以及该所有权是否能够得到证明，”BNY 全球客户覆盖和公司信托业务负责人凯文·威克斯（Kevin Weeks）在声明中表示。
“The ABS market needs certainty about who owns an asset and whether that ownership can be proven,” said Kevin Weeks, global head of client coverage and corporate trust at BNY, in the statement.
总部位于纽约的银行还将与专注于抵押贷款结清的 Snapdocs 合作，明年推出名为 VeriCORE 的平台。公司在声明中表示，该平台的目标是减少对碎片化数据和人工对账的依赖，并在消费贷款和证券化过程中提高透明度。
The New-York based bank is also teaming up with Snapdocs, which specializes in mortgage loan closings, to launch the platform, called VeriCORE, next year. The goal is to reduce reliance on fragmented data and manual reconciliations, and bring more transparency across consumer lending and securitization, the companies said in the statement.
此次声明紧随行业范围内的行动号召，旨在应对去年次级汽车贷款机构 Tricolor Holdings 及汽车零部件制造商 First Brands Group 倒闭所暴露的系统性盲点。
The announcement follows industry-wide calls to action to address systemic blind spots exposed by the collapse of subprime auto lender Tricolor Holdings, and automotive parts manufacturer First Brands Group, last year.
这两起案件曾引发华尔街广泛关注，导致摩根大通首席执行官杰米·戴蒙（Jamie Dimon）警告称，可能不止有一只“蟑螂”潜伏其中。数十亿美元规模的证券化市场中的银行家和投资者开始担忧，原本平凡的细节实际上支撑着他们的投资。
The two cases fixated Wall Street, leading JPMorgan Chase & Co. chief executive officer Jamie Dimon to warn there were probably more than one “cockroach” out there. Bankers and investors in the multibillion market for securitizations began fretting about otherwise mundane details underpinning their investments.
特别是 Tricolor 的突然倒闭，推动了一批企业的蓬勃发展，这些企业专门核实抵押品是否存在，并努力确保其未被重复质押。此前，少数人仅通过在 Excel 中修改数字，就让数千笔逾期汽车贷款表面上看起来是正常的。
The sudden downfall of Tricolor, in particular, spurred a boom for businesses that verify whether collateral exists and try to make sure it’s not double-pledged, after a small number of people made thousands of delinquent car loans appear current by simply changing figures in Excel.
大约在同一时间，First Brands 又出现了一起涉及假抵押品的案件。该公司也因策划一起据称涉及数十亿美元的欺诈行为而受到指责，使贷款人面临巨额损失。
Around the same time another case involving fake collateral emerged at First Brands. That company also came under fire for orchestrating an alleged multi-billion dollar fraud, exposing lenders to steep losses.
根据摩根大通的数据，截至2026年6月，美国消费者和商业资产支持证券（ABS）市场规模庞大且增长迅速，涵盖汽车、信用卡和设备贷款等多个领域，未偿还价值估计超过8000亿美元。
U.S. consumer and commercial ABS is a sizable market that’s growing fast, across auto, credit card and equipment loans among others, with an estimated outstanding value exceeding US$800 billion as of June 2026, according to data by JPMorgan.
“通过整合登记基础设施和数字抵押品能力，VeriCORE 能为市场参与者提供更强大的工具，以核验如今可能难以在一个地方看到的信息，”纽约梅隆银行（BNY）的韦克斯（Weeks）表示。
“By bringing together registry infrastructure and digital collateral capabilities, VeriCORE can give market participants stronger tools to verify information that today may be difficult to see in one place,” BNY’s Weeks said.
VeriCORE 旨在从一开始就支持汽车贷款和租赁协议，并计划随着时间的推移逐步扩展到太阳能和设备贷款领域。该平台将提供透明度和抵押品可见性，帮助“防止和发现欺诈”，相关公司表示。
VeriCORE aims to support auto loans and lease agreements from the outset with plans to expand into the solar and equipment lending space over time. The platform will provide transparency and collateral visibility, helping “prevent and detect fraud,” the companies said.
Snapdocs 首席执行官迈克尔·萨赫德夫（Michael Sachdev）表示，美国消费贷款市场迫切需要这种关键基础设施，“已经需要数十年了”。
Such critical infrastructure in the US consumer lending market has been “needed for decades,” Snapdocs CEO Michael Sachdev said.