In today's environment, it is essential for investors to have access to granular and timely loan-level data
New York (PRWEB) October 28, 2009
Standard & Poor's Fixed Income Risk Management Services (FIRMS), an analytics and research unit separate from S&P's ratings business that delivers solutions to help investors perform greater due diligence on the financial instruments in their portfolios, today announced the availability of a new data feed for investors that can help them evaluate exposure and risk in the U.S. RMBS market.
Standard & Poor's Global Data Solutions -- U.S. RMBS Edition provides investors with loan-level subprime loan performance data, as well as Alternative-A, Prime Jumbo and additional collateral types. The data feed's granular loan-level data includes static origination details as well as dynamic performance data, including delinquency status, current balance, current interest rate and more. Robust data quality standards and metrics have been established to maximize the accuracy of the data. The monthly data feed will provide users with detailed performance information within a few days of availability. Additionally, Standard & Poor's is planning to include in the feed the American Securitization Forum's ASF LINC, a unique loan identifier applied at the loan level and intended to help identify and track mortgages throughout their lifetime as they are bought, sold, and securitized.
"In today's environment, it is essential for investors to have access to granular and timely loan-level data," said David Goldstein, Managing Director. "Because S&P collects much of this information for our own research and analysis, we recognized that we could further assist investors track month-to-month loan performance, identify loan default trends, and monitor performance pools at a deal-level by giving them access to Standard & Poor's Global Data Solutions --U.S. RMBS data."
The U.S. RMBS Edition is available through Standard & Poor's Global Data Solutions, a robust data platform that brings together a comprehensive series of discrete data classes for investors and third-party distributors. Investors can select the type of feed they would like to receive based on their individual needs: the universe feed or a deal-based or loan-based sub-set of the U.S. RMBS Edition.
For more information, please call toll free 1-877-SPCLIENT, Option 2 or send an email to GlobalDataSolutions_RMBS@standardandpoors.com.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
About Standard & Poor's Fixed Income Risk Management Services
Standard & Poor's Fixed Income Risk Management Services delivers a portfolio of products and services to investors that serve the global financial markets by providing market intelligence and analytic insight for risk driven investment analysis, including for the debt, structured finance, derivative, and credit markets.
Standard & Poor's Fixed Income Risk Management Services are performed separately from any other analytic activity of Standard & Poor's. The unit has no access to non- public information received by other units of Standard & Poor's. Standard & Poor's does not trade on its own account.
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