AD&Co mortgage credit models available via BondEdge

Source: Interactive Data

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 informationnformation 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.

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