NEW YORK--(BUSINESS WIRE)--
Moody's Wall Street Analytics (MWSA) today announced that its
cashflow analytics platform, Structured Finance Workstation, has been
expanded to offer an extensive library of cashflow waterfalls and
loan-level data to meet the needs of structured finance market
participants. The Structured Finance Workstation can also be used by
Moody's rating analysts to run cashflow analytics to enhance the
ratings process.
"The addition of the waterfall and loan-level data library to the
Structured Finance Workstation will allow fixed income investors and
other market participants to evaluate cashflows in a securitization
with greater precision," said Jacob Grotta, Senior Director of Moody's
Wall Street Analytics. "The loan-level detail of the library gives
users much greater insight into their US RMBS positions."
The integrated deal library contains waterfall models and
loan-level information on current US subprime securitizations. In the
coming months, MWSA plans to expand the deal library to include prime,
Alt-A, and asset-backed securities in the US and EMEA. MWSA already
offers a comprehensive waterfall and loan-level library for global
collateralized debt obligation (CDO) transactions.
The Structured Finance Workstation platform provides investors and
other users with unique capabilities, such as the ability to view and
edit the cashflow waterfalls of the deals being modeled. The
transparency afforded by this feature enables investors to be certain
that waterfalls and associated payment rules are coded properly
according to each deal's prospectus, and to fully understand the
payment rules associated with each securitization.
The addition of loan-level data and editable waterfalls to the
Structured Finance Workstation is a direct response to requests for a
tool that brings greater transparency, flexibility and precision to
investment analysis in today's RMBS market.
The Structured Finance Workstation provides investors, issuers,
and administrators integrated analytics including: user-defined
prepayment, default and loss rates, price/yield tables, sensitivity
analysis, a first loss calculator, and break-even analysis.
Moody's Wall Street Analytics, established in 1987, is a leading
provider of sophisticated software products and services to the
structure finance markets. The company provides products and support
to clients around the world, including leading asset management firms,
investment banks, trustees, and institutional investors. In addition
to the Structured Finance Workstation, its CDOnet, CDOcalc, Bond
Administrator Workstation, and ABScalc products are widely recognized
for their unique abilities to support detailed analysis of the most
sophisticated structured debt products. Many of the tools and services
offered by Moody's Wall Street Analytics are utilized by Moody's
Investors Service as part of the ratings process.
For more information, please visit www.wsainc.com.
Source: Moody's Wall Street Analytics