Given the recent volatility in the mortgage market, it has become imperative for investors to analyze the terms and payment patterns of loans that underlie the securities in which they invest. Analyzing mortgage data is one of the most complex and computation-intensive problems facing market participants due to vast quantities of data and unpredictable analytical needs. Traditional database technologies are unable to address these issues.
âMoodyâs Analytics has built a reputation for being the foremost provider of data and analytics for credit professionals,â said Matthew McDonald, director of marketing and product strategy for structured finance at Moodyâs Analytics. âBy accessing Moodyâs vast repository of scrubbed performance data via 1010dataâs platform, users can focus on making investment decisions and improving the bottom line rather than managing large databases.â
Moodyâs performance data is a comprehensive source of scrubbed, standardized data for monitoring ABS, RMBS and CDO holdings. With access to the same data Moodyâs analysts use to track more than 14,000 deals, investors and collateral managers can assess portfolio risk with greater precision and benchmark their holdings against the larger market.
âWith our expertise providing full-scale data analytics solutions to leading financial service firms, enterprises count on us to take advantage of the ripe opportunity in the subprime mortgage market,â said Sandy Steier, vice president and co-founder, 1010data. âBy partnering with Moodyâs, weâre ensuring that our customers have access to a full array of mortgage data solutions and are equipped to use them quickly and effectively â maximizing market opportunity and perhaps preventing further deterioration in the market.â
Counting more than 50 mortgage industry firms as customers, 1010data provides market-leading solutions for companies to analyze large amounts of loan and deal-level data for prepayment, default, delinquency and loss-severity rates. Its Software-as-a-Service (SaaS) model enables organizations to achieve results immediately with a turnkey solution that provides a uniquely powerful back-end database as well as an analytical front-end interface, allowing customers to discover new ideas are and insights in just minutes.