NEW YORK, February 27, 2017
Moody’s Analytics today announced that it has integrated Solve Advisors’ SolveQuotes technology into its Structured Finance Portal, an advanced analytics platform for investors in securitized products.
The integration of SolveQuotes enables users of the Portal to monitor Bids Wanted in Competition (BWICs) and provides market color on structured securities by aggregating information from users’ own messages, corporate emails, and attachments, in addition to Solve’s contributed market analysis. The BWICs, inventories, and quotes are collected into a simple table and displayed in the Portal’s dashboard in real-time.
“Managing the flow of market color, bid lists, inventories, and two-way markets is time consuming and error prone,” said Stephen Clarke, Senior Director at Moody’s Analytics. “This enhancement to the Structured Finance Portal brings the latest innovations in securitization portfolio analytics to our customers, helping them maximize efficiency, productivity, and profitability.”
Investors will be able to see their own parsed data, which includes BWICs, dealer offerings, and two-way markets, in addition to data from the Portal. Solve Market Data – over 70,000 daily real-time quotes for structured products contributed by buy-side and sell-side market participants globally – will now also be available in the Portal.
“The added capabilities from Solve will allow users of the Moody’s Analytics Structured Finance Portal to streamline their workflow and dispense with the need to manually sift through numerous sources,” said Eugene Grinberg, President and CEO of Solve.
The Portal provides a complete picture of a tranche’s value with a suite of analytics and comparative metrics. The comparability algorithm helps users to benchmark a tranche against its cohorts across a range of performance metrics. Users of the Portal can also project cash flows and view pre-run results based on market-standard assumptions.
The Portal is part of the Moody’s Analytics solution for investors in securitizations. Moody’s Analytics also offers ABS System, a solution for issuers of structured products. Moody’s Analytics will be conducting demonstrations of its structured finance solution, including the Structured Finance Portal and ABS System at the IMN ABS Vegas 2017 conference hosted by SFIG and IMN.
Click here for more information about Moody’s Analytics products for the structured finance markets.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody’s Analytics is a subsidiary of Moody’s Corporation (NYSE: MCO), which reported revenue of $3.6 billion in 2016, employs approximately 10,600 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodysanalytics.com.
About Solve Advisors Inc.
Solve is a New York-based financial technology firm formed in 2011 by Eugene Grinberg and Gerard Nealon and is a leading provider of market pricing in fixed income markets. Across Structured Products, Corporate Bonds, Bank Loans, and Municipals, the SolveQuotes platform leverages market data that can be parsed from your messages as well as data contributed by our partners. The powerful workflow tools eliminate the hassle of the BWIC process, consolidate dealer inventories, and streamline month-end for the back office. The Solve team has extensive expertise and passion for financial markets and developing innovative technology.