About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Experian and S&P’s FIRMS Partner for Securitised Loan Market

Subscribe to our newsletter

In yet another addition to its portfolio this month, Standard & Poor’s Fixed Income Risk Management Services (FIRMS) business has partnered with credit data and analytics solution provider Experian Capital Markets to provide investors with more data on the individual loans backing US mortgage backed securities (MBS). The two vendors have established a strategic alliance aimed at improving transparency in the securitised loan market by integrating Experian’s credit data and analytics with FIRMS’ securitised loan data and models.

The joint offering has a particular focus on the individual loans that are packaged in MBS, says David Goldstein, managing director at FIRMS. “Securitised loan investors need to be able to drill down to the foundation of each individual loan in their portfolios to gain a truly comprehensive picture of their risk exposures. Through our partnership with Experian, we will be able to provide investors with an amazing level of granularity on the fundamental risks in each loan and the ability to benchmark their portfolios against this data,” he explains.

In the first step of the partnership, Experian Capital Markets will connect consumer credit information and attributes to S&P’s US residential mortgage backed securities (RMBS) loan level data feed product, RMBS Edition.

“The goal of our collaboration is to provide investors with the transparency needed to value structured finance products and to make more informed buy and sell decisions,” adds Ethan Klemperer, senior vice president and general manager, Experian Capital Markets. “Our partnership with Standard & Poor’s is a critical step in improving market efficiencies needed to restore liquidity and investor confidence.”

Providing greater transparency into securitised instruments for risk management purposes has been a popular trend within the vendor community this year, as firms struggle to meet regulators’ stricter requirements in the post-crisis environment. S&P’s structured finance platform, ABSXchange, has also recently been upgraded to this end by increasing its instrument coverage.

The FIRMS analytics and research unit, which is separate from S&P’s ratings business and is headed by ex-Thomson Financial and Bloomberg heavyweight Lou Ecclestone, has been all guns blazing this year in order to garner a greater share of the data solutions market. Earlier this month, FIRMS indicated it is launching a new enterprise level data feed solution, Global Data Solutions, which purports to provide users with a range of data and analytics to allow them to evaluate and monitor the financial instruments in their portfolios.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

GoldenSource OMNI Evolves as Buy-Side Demands Transform

Data cloud giant Snowflake’s forum in San Francisco last month was closely watched by the data management industry, especially GoldenSource. A year after its launch, the creators of GoldenSource’s OMNI data lake product for asset managers were keenly watching what Snowflake had to offer with an eye to enhancing the app’s own provisions for the...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...