Interactive Data Corporation, a leading provider of financial market data, analytics, and related solutions, today announced the release of BondEdge Version 3.3.
This new release contains enhancements designed to help institutional investors more effectively monitor and analyze performance attribution for multiple portfolios and benchmarks. It also extends the content within the portfolio report generation functionality for residential mortgage-backed securities (RMBS).
BondEdge Version 3.3, which is available to clients as an on-site software installation or through an OnDemand Software as a Service (SaaS) option, includes the following performance attribution and RMBS enhancements:
• A new multi-portfolio Factor-Based Performance Attribution reporting facility which can accommodate multiple portfolios and benchmarks in a single report
• The incorporation of security and portfolio level total returns into portfolio risk reports in the BondEdge Report Manager
• Enhanced RMBS portfolio reporting facility for non-agency/GSE mortgage securities, including detailed underlying collateral and deal-level data such as historical loan delinquencies, loss severity, servicer, and trustee.
"Performance attribution analysis has long been a critical component of the analytical reports that BondEdge provides," said Keith Webster, managing director, Interactive Data Fixed Income Analytics. "As our clients increase the volume of this analysis, a multiple portfolio and benchmark reporting capability can help make the process more effective and efficient. We are also pleased to extend the portfolio analysis for non-agency/GSE mortgage securities so that critical underlying collateral and deal data for multiple securities can be included in a single report."
Other enhancements delivered within BondEdge Version 3.3 include automated report generation capability based on the client's portfolio compliance guidelines, enhanced portfolio graph customization, and greater flexibility in importing client's reference data, such as sector classifications, into the BondEdge database.