You are the newly appointed Risk Manager at Magicor Bank and your Senior Vice President has asked you to make a short presentation to the board of Directors on asset securitization as he is considering incorporating this in the bank's strategy going forward. As a part of the presentation you are required to explain the concept of asset securitization and outline the main difference between using a Special Purpose Vehicle (SPV) and a Special Investment Vehicle (SIV) in the securitization process. Include in your presentation the pros and cons of securitization and your recommendation regarding its inclusion in your strategy going forward