NEW YORK, Nov. 14, 2016 /PRNewswire/ -- dv01, the reporting and analytics platform that brings transparency to lending markets, today announced an integration with Intex Solutions, the world's leading provider of structured fixed-income cashflow models and related analytical software. This newly launched partnership allows mutual Intex and dv01 clients to easily run cashflows by importing pools of loans from dv01 directly into Intex's application.
"We're excited to partner with Intex and bring to life a valuable service for our clients," said Perry Rahbar, founder and CEO of dv01. "Intex is the leader for cashflows in the structured credit markets, and the completion of this integration brings immediate value to our clients by simplifying and expediting their workflows."
Using dv01's software, users can quickly create a loan data tape in a format that's ready-for-import into INTEXcalc's™ Loan Portfolio Tool, an add-on utility that allows users to conduct the same in-depth analysis on loans as facilitated by INTEXcalc on structured financial securities. This allows investors to conduct fast cashflow analysis on unsecuritized marketplace loans, a previously inaccessible asset class.
"Intex is known for its global coverage of RMBS, ABS, CMBS, CLO, and CDO securitization cashflow models," stated Jesse Brown, Intex Business Manager. "Thanks to efficiently connecting dv01's transparent marketplace loan data and Intex's analytical software, mutual clients can now leverage Intex's robust forecasting functionality in support of generating cashflow projections for unsecuritized loans tracked by dv01."
dv01's portfolio management platform aggregates performance data for over $34 billion of loans from marketplace lenders including Lending Club, Prosper, Marlette Funding, Avant and CommonBond. By normalizing data across lenders, dv01 simplifies comparison and analysis, enabling institutional investors to study both pool and individual loan performance, as well as quickly detect issues within portfolios. To date, dv01 has raised $7.5 million of seed funding from Quantum Strategic Partners Ltd., Leucadia National Corporation, and Pivot Investment Partners.
dv01 is a reporting and analytics platform that provides institutional investors transparency into lending markets, starting with marketplace lending. To date, dv01 has provided investors insight into more than $30 billion of loans from the biggest marketplace lenders, including Lending Club, Prosper, and SoFi. By offering unrivaled data transparency, dv01 aims to simplify all aspects of loan and bond investment, expanding from marketplace portfolio management and securitization to the $12 trillion consumer and mortgage lending markets.
Intex Solutions, Inc. is the world's leading provider of structured fixed-income cashflow models and related analytical software. Our clients include many hundreds of the world's best known financial institutions including most major investment banks, regional broker dealers, issuers and investment managers. Intex was founded in 1985, and remains an independent, privately-held company with headquarters near Boston, Massachusetts. Intex also supports its many international clients with staff and representatives in London, Shanghai and Tokyo. www.intex.com