About a-team Marketing Services

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: Best Practices for Building High-Performance Data Infrastructures

The requirement for high-performance data systems to support trading analytics for hedge funds, high-frequency trading firms and electronic liquidity providers is well established. But the explosion in Big Data over the past several years has expanded the scope of inputs being used by these firms. At the same time, cloud technologies have added complexity to...

BLOG

Alveo Plans Acceleration of New Products Following Investment from Symphony Technology Group

Alveo is changing hands again after reaching a definitive agreement to receive a majority investment from Symphony Technology Group (STG), a private equity partner to companies in data, software, and analytics. Alveo expects the STG investment to accelerate roll out of new products, further developing its managed data services and Data-as-a-Service offerings. The STG investment...

EVENT

A-Team Briefing: Cloud Innovation for Data Ops

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...