Overview

CovenantOps is an AI-powered covenant and post-disbursement monitoring platform that turns loan covenants into active portfolio controls.

Fine-Tuned Lending SLM.

The Hidden Control Gap in Post-Disbursement Monitoring

After disbursement, borrower obligations continue for years. But covenant capture, evidence follow-up, breach visibility and audit traceability often remain fragmented across documents, trackers, emails and individual teams.

• Obligations are buried — Covenants sit across sanction letters, loan agreements, amendments, waivers and correspondence.
• Evidence discipline is manual — Financial statements, insurance renewals, stock statements and compliance certificates are chased through emails and spreadsheets.
• Risk signals surface late — Overdue, missing, breached or near-breach items may not reach credit and risk teams early enough.
• Audit traceability is weak — Source clause, reviewer approval, evidence history and monitoring decisions are difficult to prove consistently.

The real gap is not document availability. It is source-backed covenant control across the loan lifecycle.

The Missing Intelligence Layer Between Loan Documents and Portfolio Control

Most lenders already have documents, workflows, reports and monitoring processes. What they often lack is a purpose-built intelligence layer that can convert covenant language into approved, source-backed obligations and continuously track them across the loan lifecycle.

Loan Closure → Control Breakdown Zone → Portfolio Confidence

Our Agentic AI Solution

CovenantOps is a governed Agentic AI solution for covenant and post-disbursement monitoring. It converts sanction letters, loan agreements, amendments, waivers and borrower evidence into a structured, approved and continuously monitored covenant-control layer.

The platform combines a fine-tuned lending SLM, covenant packs, deterministic rules, human approval workflows and audit logs so that AI output becomes controlled monitoring intelligence — not uncontrolled automation.

Workflow: Ingest → Extract → Validate → Approve → Monitor → Escalate → Audit

How CovenantOps Works

1. Ingest loan documents and borrower evidence with source, page and document-level traceability.
2. Extract covenant obligations, thresholds, frequency, due-date logic, evidence requirements and risk severity using Ligaments Fine-Tuned Lending SLM.
3. Validate extraction results through covenant packs, deterministic rules, duplicate checks, date checks and confidence scoring.
4. Route every extracted covenant for human approval before it becomes an active monitoring obligation.
5. Create an approved covenant register that drives monitoring calendars, evidence tracking and exception dashboards.
6. Flag overdue, missing, inadequate, expired, breached, near-breach and review-required cases.
7. Generate credit-monitoring and audit-ready summaries with source clause, reviewer history and evidence status.

Agentic Capabilities

Key Platform Capabilities

• Covenant extraction from sanction letters, loan agreements, amendments, waivers and credit approval documents.
• Approved covenant register with owner, due date, evidence requirement, severity, status and source clause.
• Evidence adequacy monitoring for financial statements, compliance certificates, insurance renewals, stock statements and borrower declarations.
• Exception dashboard for overdue, missing, expired, breached, near-breach and review-required obligations.
• Waiver and amendment linkage to prevent outdated covenants from being monitored incorrectly.
• Portfolio visibility for credit, risk, operations, relationship management, compliance and audit teams.
• Exportable covenant checklist, exception report, credit-monitoring note and audit summary.
• Integration-ready architecture for LOS, LMS, DMS, CRM, SharePoint, SFTP, email and BI ecosystems.

Impact & Key Results

CovenantOps is designed to create measurable improvement in post-disbursement control. The following impact metrics can be positioned as pilot targets and implementation benchmarks.

Why CovenantOps by Ligaments.ai

• Proprietary Fine-Tuned Lending SLM — Built for covenant language, sanction conditions, borrower obligations and monitoring context — not generic document Q&A.
• Covenant-to-Control Workflow — Converts clauses into approved monitoring controls covering due dates, evidence, compliance status, breaches, near-breaches and audit trail.
• Configurable Covenant Packs — Adapts to lender templates, product types, market practices, covenant categories and evidence requirements without rebuilding the model for every client.
• Governed AI Operating Model — SLM output is source-backed, rules-checked, confidence-scored and human-reviewed before it becomes active monitoring.

Built for Trust in Credit Operations

CovenantOps is not positioned as a legal-opinion engine or a replacement for credit, legal, risk, audit or portfolio teams. It is a controlled monitoring layer that helps those teams work faster, with better traceability and earlier visibility into borrower obligations.

Operating model: SLM extracts → Rules validate → Humans approve → Register monitors → Audit trail records

Call to Action

Move from covenant tracking to covenant control. Start with a low-risk pilot on historical files, prove the reduction in manual setup effort, and scale into live monitoring once the workflow is validated.