R² and CoreLogic® Integrate Data and Analytics for Portfolio Risk Intelligence
Toronto, Ontario – December 8, 2011 – R2 Financial Technologies announces the release of a new version of NxR2 that fully integrates industry-leading non-agency RMBS data sets and advanced predictive technology from the CoreLogic LoanPerformance RiskModel®. Users of NxR2 can analyze and model portfolios with full visibility through to the underlying collateral. The addition of Corelogic provides a greater level of granularity, speed, and sophistication to support investment decisions for portfolios containing RMBS.
NxR2 provides traders, portfolio and risk managers with superior risk, scenario and portfolio analytics for real-time pricing, hedging, and capital management of multi-asset portfolios, including structured finance instruments. The system leverages the full suite of industry-leading pricing models from Numerix (http://www.numerix.com) and allows users to create profiling strategies in real-time, perform advanced risk analyses of their portfolios, and assess the impact of market changes.
CoreLogic data includes property and mortgage information; parcel and geospatial data; credit information; and tax records. RiskModel combines data from the industry’s most comprehensive mortgage databases with the most advanced predictive modeling technologies to forecast the likely future defaults and prepayment behavior of mortgage portfolios as well as individual loans.
These capabilities deliver the ability to analyze non-agency RMBS portfolios, including the use of proprietary prepayment and default assumptions. “We see a real drive for granular, very transparent assumptions in portfolio modeling,” said Dan Rosen, CEO at R2. “There is a need to understand the impact these assumptions have on the performance of a real or hypothetical portfolio, or on a specific strategy. The combination of data from CoreLogic and industry expertise with the R2 portfolio tools gives users a real edge in the market.”
For more information on NxR2, please visit www.r2-financial.com/nxr2.
About R2 Financial Technologies
R2 Financial Technologies provides advanced risk and scenario-based analytics to traders, portfolio and risk managers for pricing, hedging and capital management across asset classes. Our software leads the industry, providing practical risk intelligence through expertise in multi-asset class portfolio-level analytics, complex credit and structured product risk analytics and sophisticated scenario analytics. http://www.r2-financial.com.
CORELOGIC and RISKMODEL are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. LOANPERFORMANCE is a common law trademark owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without express written consent of CoreLogic. All other marks are the property of their respective owners.