RISKSPAN Releases Daily Pricing Service for Structured Securities

NEW YORK, May 7, 2012 /PRNewswire/ -- RiskSpan, Inc has added the availability of daily independent pricing for structured securities to its offering of risk management services.  This next-generation offering enables risk managers, traders and pricing professionals across the front, middle and back office to independently view security prices and daily price changes, thereby enhancing risk mitigation and streamlining the audit process.  Representatives of RiskSpan, Inc will be available to discuss these new capabilities at the MBA's National Secondary Marketing Conference & Expo.

John Lynch, Managing Director of RiskSpan's Pricing Service, announced the software enhancement as secondary marketing participants from across the country gathered in New York.  Lynch said, "Today we provide daily pricing for structured securities through constant calibration utilizing an audit compliant process to generate pricing for structured securities.  Our range of capabilities includes RMBS, CMBS, ABS, Agency Passthroughs, Agency CMOs, Mortgage Whole Loans, CDOs (RMBS/Hybrids), and Trust Preferred securities."

RiskSpan's Pricing clients are provided detailed pricing reports that enable them to track price changes on a daily basis.  In addition, RiskSpan has developed in-depth reporting for difficult to value non-agency RMBS which provides additional transparency and context for clients on price levels. 

With the capability to incorporate loan level cashflow analysis, the RiskSpan pricing methodology for non-agency RMBS harnesses the computing power of its Credit and Prepayment models to project defaults, severities, losses and prepayments which are then processed through bond cash flow structures to produce the price, yield and comprehensive risk metrics. 

Paving the road to transparency in the credit markets is a RiskSpan goal for the next generation of pricing services. Clarity in the process, reliable prices calibrated to observed market comparables, detailed report content, independent sourcing of comparable prices, and scenario analysis are critical elements to RiskSpan's robust price verification service.

Founded in 2001, RiskSpan is a technology solutions and services company that enables sophisticated risk management and operational excellence for firms operating in the capital markets and primary markets for mortgage and structured products.

About RiskSpan, Inc: (www.riskspan.com)
Pricing Services Contact: [email protected]
Media Contact: Allen H. Jones: 202-441-1854 [email protected]

SOURCE RiskSpan, Inc