Oslo conference with Revel

May 5, 2026

Revel Partners was pleased to participate in SCI’s conference on Significant Risk Transfer in Oslo this week, both as a proud sponsor and as an active participant in the discussions throughout the day.

We would like to thank SCI and the organisers for putting together a strong and timely event. The quality of the agenda, the speakers and the audience engagement reflected how quickly the Nordic SRT market is maturing, and how much interest there now is in the region from issuers, investors, policymakers and other market participants.

The programme covered a broad set of themes that are central to the next phase of development in the Nordic market. These included the evolving regulatory landscape across the Nordic countries, the implications of the Securitisation Regulation for Norway, investor perspectives on Nordic mortgage SRT, and the wider question of how the region can move from relatively bespoke and bilateral transactions towards a deeper, more repeatable and scalable market.

A particularly valuable feature of the conference was the range of perspectives brought together in one forum. Supervisory authorities, public institutions, arrangers, investors, rating agencies and issuers all contributed to a discussion that felt both practical and forward-looking. That mix is important in a market such as Nordic SRT, where progress depends not only on capital demand and supply, but also on regulatory predictability, transaction design, execution discipline and continued market education.

For Revel, it was also a pleasure to contribute directly to the agenda. Josefina Frenk moderated the session on mortgage SRT, which explored investor views on Nordic housing credit, structural preferences and the comparative role of synthetic and cash solutions for mortgage portfolios. Jonas Bäcklund joined the panel on balance sheets, capital and asset mix in the Nordics and Baltics, where the discussion focused on how banks are approaching capital optimisation, which asset classes may drive future supply, and what is needed for the market to broaden further.

One of the clearest takeaways from the day was that Nordic SRT is no longer viewed as a niche or purely theoretical topic. The discussion has moved on. The focus is increasingly on practical execution, repeat issuance, asset class expansion and how to connect Nordic balance sheets more efficiently with international private capital. At the same time, the conference made clear that there is still work to do in terms of harmonisation, investor breadth, market visibility and reducing execution uncertainty for first-time issuers.

From our perspective, one of the most valuable aspects of the event was the opportunity to spend time with clients, partners and other market participants and to exchange views on market developments, structuring trends, investor appetite and the outlook for the asset class. We greatly appreciated the interaction and the many thoughtful conversations over the course of the conference.

Thank you again to SCI and to everyone involved for a highly worthwhile event.