Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related solutions, today announced that its Fixed Income Analytics business will release BondEdge Cash Flow Analyst for Insurance beginning July 31.
This new package of capabilities is designed to assist insurance cash flow analysts, including investment actuaries, with generating scenario driven dynamic asset cash flow projections and analytical risk reporting for asset-liability management of insurance asset portfolios. For many years, analysts within the insurance industry have leveraged the robust analytical and asset modeling tools and comprehensive security database coverage of Interactive Data’s market-leading BondEdge service for fixed income portfolio and security risk analysis, dynamic asset cash flow analysis, and regulatory and rating-agency based reporting.
“Extensive customer input and years of experience in supporting the cash flow analytics needs of insurance companies contributed to our release of this new product designed to help address the asset modeling and risk analysis needs of insurance portfolio asset-liability management,” said Keith Webster, managing director, Interactive Data Fixed Income Analytics. “Heightened regulatory requirements across the financial sector have emphasized the importance of portfolio stress testing. BondEdge Cash Flow Analyst employs cash flow projection and stress testing analysis to help assist insurance companies in meeting regulatory and ratings-agency based requirements such as New York State Regulation 126, the AM Best Supplemental Ratings Questionnaire, and Standard & Poor’s U.S.-based insurance risk-based capital (RBC) model.”
BondEdge Cash Flow Analyst for Insurance is available via the BondEdge Next Generation platform, which is built on the Microsoft .NET Framework and provides a highly intuitive, flexible user interface. This newly released package of capabilities extends BondEdge Next Generation to the insurance market, combining customizable portfolio risk and dynamic cash flow projections and presentation style graphics with automated, flexible reporting capabilities.
BondEdge Next Generation includes an extensive structured finance deal library, cash-flow engine, and term structure and prepayment models, enabling clients to generate dynamic risk measures and asset cash flows for agency and non-agency residential mortgage-backed securities, including sub-prime issues, as well as asset-backed and commercial mortgage backed securities.