RiskVal Financial Solutions, LLC (RiskVal), a leading Software as a Service (SaaS) provider of real-time pre-trade analytics, portfolio, and risk management platforms, is pleased to announce that it has enhanced its portfolio service for mortgage securities valuation by integrating The Yield Book’s analytics into its flagship product, RVPortfolio.
RVPortfolio is a popular valuation and risk management platform among asset management firms. It provides smooth STP integration with clients’ book/record systems, and leverages modern cloud technology for scalable pricing engines to efficiently produce real-time P/L and risk for portfolio managers. Currently, RVPortfolio covers fixed income rates, credit, FX, FX options, commodities, equities, and equity options.
By adding The Yield Book’s well known prepayment models and cash flow data for pricing mortgage securities such as MBS, CMOs, IOs, POs, TBAs, and specified pools, RiskVal is fulfilling the need for expanded mortgage coverage in RVPortfolio’s service.
Demand for complete multi-currency product valuation and risk management solutions has increased with additional regulatory requirements and growth in the number of global macro funds. RVPortfolio is designed as a cutting-edge solution that easily plugs into clients’ environments through either an enterprise or a hosted solution, in accordance with clients’ security policies and budget. While most valuation systems are still focusing on end-of-day valuations, RVPortfolio is at the forefront by providing real-time valuation and risk management, ensuring that clients have the most up-to-date P/L and risk control.
“The financial markets are quickly evolving, posing a crucial challenge for in-house valuation systems to adapt with portfolio and risk management requirements,” says Jordan Hu, founder and CEO of RiskVal. “Within ever-fluctuating market conditions, The Yield Book equips RVPortfolio with cutting-edge mortgage analytics. RVPortfolio’s expanded product coverage ensures that portfolio managers are ahead of the curve with precise valuation and complete risk management. We are thrilled to integrate The Yield Book’s analytics to push RVPortfolio to a higher standard.”
“We are pleased to work closely with RiskVal to offer our market-tested mortgage analytics in their RVPortfolio platform,” said Richard Burns, Global Head of The Yield Book. “The seamless integration of The Yield Book’s mortgage analytics will allow bond market professionals to make more informed portfolio management and trading decisions.”