ABSXchange, Standard & Poor’s platform for structured finance and whole loan analytics, is pleased to announce it has won a number of new contracts with a series of large financial institutions in Europe.
Standard Chartered, Natixis, Amias Berman, Bayern LB, Monte dei Paschi di Siena, Harbourmaster, Delta Lloyd, BPV, ESAF, Swiss & Global AM and Flagstone have all recently signed up to the service that enables users to retrieve performance data from across the universe of publicly rated, securitised credits – as well as to analyse cash flow models and monitor their portfolios.
David Pagliaro, director, S&P Valuation and Risk Strategies, says: “ABSXchange continues to improve its offering for participants in the global credit markets, expanding the platform’s coverage and improving the analytics available to an increasing number of market players.”
For unsecuritised assets, ABSXchange now also allows users to upload custom ‘whole loan’ portfolios onto the platform in order to perform stratification analysis and run multi-scenario cash flow projections. This new functionality demonstrates Standard & Poor’s commitment to support growing demands for the ability to analyse loan level data in both the securitised and whole loan markets.
ABSXchange is part of S&P’s Valuation and Risk Strategies division, which operates separately from the ratings business and provides market intelligence and analytics for risk driven investment analysis.