Use case · Pre-financing diligence
Pre-financing diligence: verify 100 securities before 5 PM
A lender just signed a new credit line with a corporate borrower. Closing is in three days. You need to confirm existing hypothecs, catch inscriptions under multiple trade names, and draft the security memo for credit committee. Done by hand, that's two full days. With Tablix, it's one afternoon.
The volume challenge in diligence
A syndicated loan over a typical Quebec corporate group involves 5 to 15 entities — parent, subsidiaries, co-borrowers, guarantors. Each entity requires a fresh RDPRM extract. Some have operated under different trade names during the period, which multiplies the queries. Credit committee wants a single table consolidating inscriptions, ranking hypothecs by priority, and flagging recent inscriptions to watch.
The optimized diligence workflow
- 1
List every entity in scope, with legal names and past trade names.
- 2
Pull a fresh RDPRM extract for each and download the PDFs.
- 3
Drop all PDFs into Tablix in one batch run.
- 4
Let Tablix deduplicate hypothecs filed under several trade names of one debtor.
- 5
Review parent inscriptions to validate priority order.
- 6
Export the consolidated security note to Word, in your firm's brand.
- 7
Attach it to the memo for credit committee.
The decisive edge: deduplication
On a $25M loan to an 8-company group, our users typically see 120–200 raw RDPRM inscriptions consolidate down to 60–90 distinct hypothecs once deduplication runs. Without Tablix, a legal assistant spends half a day eyeballing tables for duplicates — with a non-zero error rate.
Diligence risks Tablix surfaces
- A movable hypothec filed the day before closing, under a rarely used trade name.
- A prior notice of exercise buried in a long RDPRM extract — sign of active litigation.
- A rank assignment between two creditors that changes collocation order.
- A tax authority legal hypothec that primes regardless of inscription order.