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Interactive Data's Bondedge Solutions Integrates Andrew Davidson & Co's Prepayment and Mortgage Credit Models into Fixed Income Analytics Platform
Addition of AD&Co Models and Related Data for Mortgage-Backed Securities Enhances Analytics and Reporting Capabilities of BondEdge
Thursday, June 06, 2013
Dateline: New York
Category: Customer Wins and Partners
New York, AD&Co’s 21st Annual Conference -- June 6, 2013 -- BondEdge Solutions, an Interactive Data company and leading provider of fixed income portfolio management software, today announced a collaboration with Andrew Davidson & Co., Inc. (AD&Co), that will make available AD&Co’s prepayment and mortgage credit models via the BondEdge platform.
BondEdge clients will now have the option of accessing AD&Co’s prepayment and credit models for agency and non-agency RMBS via the BondEdge fixed income analytics platform. These models can be used as an input for calculation of bond risk measures such as effective duration, convexity, OAS, yields and key rates. They can also be used in interest rate and credit spread simulations and dynamic asset cash flow analysis.
“The ability of our clients to integrate AD&Co prepayment and credit models into the analytical calculations and simulations available to them within BondEdge helps strengthen their ability to perform dynamic cash flow and asset-liability analysis,” said Rob Landauer, Director of Business Development for AD&Co. “This relationship provides both our firms’ clients with enhanced support for a wide range of analytical and risk functions related to mortgage-backed securities.”
BondEdge Solutions empowers portfolio managers, analysts and broker-dealers with high-quality fixed-income portfolio management and risk analytics solutions, backed by proprietary quantitative modeling techniques. BondEdge is available to customers as an on-site software installation or through an OnDemand Software as a Service (SaaS) option.
“Integrating this additional functionality from AD&Co into the BondEdge platform provides our clients with a new layer of flexibility for analyzing portfolios with mortgage-backed securities, managing risk and identifying investment opportunities,” said Andrew Hausman, President of BondEdge Solutions. ”We continue to enhance the functionality of BondEdge by aligning with firms like AD&Co to allow clients to perform an increasing range of portfolio analytics and risk management tasks.”
Earlier this year, BondEdge Solutions announced the availability of structured finance cash flows and related data from Intex Solutions on the BondEdge platform as an optional service, providing additional flexibility in sourcing information for this asset class.
BondEdge Solutions provides fixed income portfolio analytics to more than 400 leading banks, investment managers, brokerage firms, insurance companies and pension funds throughout North America. BondEdge combines advanced analytics with security master data that provides comprehensive security coverage for more than 2.8 million fixed income securities, including a structured finance library of more than 16,000 U.S. structured deals.
About Interactive Data
Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2,500 employees in offices worldwide. For more information about Interactive Data please visit: www.interactivedata.com.
About Andrew Davidson & Co., Inc.
Andrew Davidson & Co., Inc. offers consulting services and risk analytics for fixed income investors with an emphasis on mortgage and asset backed securities and mortgage whole loans. Their VECTORS™ Analytics library currently offers prepayment models for mortgage and asset-backed securities, a Credit/Default model (LoanDynamics™ Model), and option-adjusted valuation and risk management tools for MBS, ABS, and CMOs. The company’s unique blend of investment expertise and cutting-edge quantitative methods allows it to combine decades of Wall Street experience with the most advanced modeling techniques. For more information about Andrew Davidson & Co., Inc., please visit their website at http://www.ad-co.com or contact Laura Gridley @ 212-274-9075 or firstname.lastname@example.org.
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