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All Press Releases for March 10, 2004 Subscribe to this News Feed    
 

Mortgage Industry Veterans Launch Pipeline Risk Management Company

Compass Analytics combines mortgage banking expertise with the most contemporary secondary marketing analytics

San Francisco, CA (PRWEB) March 10, 2004 -- Mortgage industry veterans Rob Kessel, Marc Felisky, Lindsay Hill and Glen Brown announced today the formation of Compass Analytics, LLC (Compass). In addition to providing outsourced hedge management services, Compass will also license its market-leading pipeline risk management analytics. Compass also announced today the addition of its twelfth pipeline risk management client.

Compass will continue the proven business model of applying exemplary service and experience with contemporary analytics," said Rob Kessel, managing partner. While other vendors struggle to keep their analytics up-to-date, we are entering the market with tools that provide pricing and profit/loss accuracy previously unavailable in the marketplace," he continued.

Compasss analytics include pipeline valuation, sensitivity and execution of all mortgage products with enhanced capabilities for Hybrid Arms and Jumbo and Alt-A products. Other features of Compasss analytics are flexible coverage and pull-through modeling; profit margin and hedge cost modeling and definition; hedge analytics; flexible reporting; accounting support including FAS 133; and fallout and profitability analysis.

Compasss Pipeline Services clients are exposed to its state-of-the-art analytics via its seasoned hedge managers, all of whom have a minimum of ten years experience in secondary marketing and pipeline risk management. Compasss hedge managers execute trades for these clients and participate in a daily conference call so Compass clients are always aware of their standing.

Compass differentiates itself from other outsourced hedge execution firms by engaging our clients senior management around maximizing profitability and focusing on accurate measurement of secondary and hedge performance," Kessel explained. Our clients know that having quality, contemporary analytics and accurate profit/loss measurement can make a great difference in their performance."

For more information about Compass Analytics, please visit its website: http://www.compass-analytics.com.
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Rob Kessel
Compass Analytics
415-924-5085
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