The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

S&P Buys Imake Consulting, ABSXchange to Boost Structured Finance Data, Analytics, Modelling

Share article

Standard & Poor’s has acquired Imake Consulting, a provider of software and services to the structured finance market, and ABSXchange, an end-to-end solution provider for structured finance data, analytics and modelling. S&P is aiming improve its ability to analyse structured finance transactions including residential mortgage-backed securities, commercial mortgage-backed securities, asset-based securities and collateralised debt obligations.

Standard & Poor’s has already been using Imake and ABSXchange tools, analytics and data in its structured finance surveillance, according to David Guarino, spokesperson for indices, hedge funds and mutual funds at Standard & Poor’s. “The ability to bring these offerings inhouse will allow us to expand our suite of end-to-end solutions for the structured finance market,” he adds.

Imake Consulting has been providing data, analytics and modelling software and services to the structured finance community since 1991. Its product, Analytics-on-Demand, is both an internet-based and client network-enabled analytical tool providing a solution for analysing and valuing structured finance transactions. Imake’s software is used by Standard & Poor’s in Europe.

ABSXchange provides a solution for structured finance data, analytics and modelling. Its product, @Investors Connection, is a web portal providing data, reporting and cash flow analysis to the structured finance market.

“Imake currently targets heavier users in the US, like issuers, investment banks, ratings agencies, trustees and accounting firms,” says Guarino. “ABSXchange currently targets lighter users in Europe, including investors and traders. Imake and ABSXchange’s tools, analytics and data, combined with Standard & Poor’s own suite of offerings, will provide an even more robust offering to the structured finance market.”

In the long run, Standard & Poor’s believes, the significant growth of the structured finance market will continue to drive demand for the software, services and solutions Imake and ABSXchange currently provide, meeting requirements for the flexibility of a single system to model across the structure.

Related content

WEBINAR

Upcoming Webinar: Data Science & Analytics – New approaches and capabilities for driving business driven analytics

Date: 12 November 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET As the focus on data and analytics strategy sharpens financial institutions are under pressure to maximise the insight they can derive from their data. However with data spread across multiple silos and in unstructured formats, embedding analytics into business processes across the...

BLOG

VIDEO: How To Determine The True Value of Data, with Rocky Martinez

The A-Team Group Data Management Summit is fast-approaching, and with a spotlight on how to improve operational efficiency and enhance revenue opportunities through data, identifying value is a key topic for 2020. We are delighted to welcome Rocky Martinez, Chief Technology Officer at SmartStream RDU, to give us a sneak peek into his keynote speech...

EVENT

Data Management Summit London

Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Dealing with Reality – How to Ensure Data Quality in the Changing Entity Identifier Landscape

“The Global LEI will be a marathon, not a sprint” is a phrase heard more than once during our series of Hot Topic webinars that’s charted the emergence of a standard identifier for entity data. Doubtless, it will be heard again. But if we’re not exactly sprinting, we are moving pretty swiftly. Every time I...