Thetica Systems Broadens Financial Technology Platform with Evaluated Pricing from Interactive Data

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Integration of Daily Evaluated Pricing Data into Structured Finance IT Platform Enables Comparative Benchmarketing for Risk Management Purposes.

High performance ABS analytics tools
Our clients can now benchmark their pricing against Interactive Data's evaluated prices for an added measure of risk management.

Thetica Systems, a leading provider of analytical tools for structured finance products, today announced the availability on its financial technology platform of daily independent evaluated pricing data from Interactive Data.

Through its alliance with Interactive Data, Thetica Systems’ clients, including global hedge funds, capital management firms, insurance companies and broker dealers, will now be able to access Interactive Data’s evaluated pricing data, which can serve as a benchmark for comparison when determining overall valuations of their instruments. Clients use Thetica Systems’ analytics and infrastructure to integrate licensed data sources and generate projected values of the structured products in their portfolios.

“Our comprehensive, easy-to-use front-end database allows clients to quickly and efficiently process and run a wide range of asset-backed securities through many customized cashflow scenarios,” said Ariel Yankilevich, CEO and co-founder of Thetica Systems. “Our clients can now benchmark their pricing against Interactive Data’s evaluated prices for an added measure of risk management. Interactive Data’s industry position as a leading global provider of evaluated pricing data, coupled with the data integration and IT infrastructure capabilities we offer structured finance professionals, creates a combined offering that enables our clients to perform important functions related to pricing and valuation.”

Thetica Systems provides a comprehensive database and analytical tools for structured finance securities -- including CLO, ABS, RMBS and CMBS bonds -- to trading desk professionals, research analysts, product controllers, risk managers and regulatory specialists.

“Interactive Data is a leading provider of structured product evaluated pricing, analytics, and reference data for a wide range of instruments including corporate and municipal bonds, CMO, ABS, CMBS, MBS, SBA, leveraged loans, CDS, and whole loans,” said Mark Hepsworth, president of Interactive Data’s Pricing and Reference Data business. “We are pleased to team up with Thetica Systems to help enable their clients to benchmark their pricing data alongside our evaluated pricing. This provides an additional layer of risk management when determining and projecting valuations of structured securities.”

Through its alliance program, Interactive Data has relationships with more than 500 software application vendors, service providers and media portals that have access to a broad range of its data, analytics and related services.

About Thetica Systems
As experienced data integrators for Wall Street, Thetica Systems provides a high-speed cloud-based bond analytics platform for ABS/CLO/RMBS/CMBS investments, configured for ease of implementation. This fully functional set of infrastructure components rapidly integrates bond analytics models with all the necessary data sources and cashflow APIs. Clients can quickly establish a full-fledged system running high speed analytics on custom cashflow scenarios that they designate.

The company integrates client-licensed data from Intex, Interactive Data, BlackBox, CoreLogic Loan Performance and their predictive vectors, Bloomberg via the Backoffice data feed, predictive vectors from Five Bridges, pricing data for CLO NAV from Lewtan/ABS.Net, MarkIt and Reuters, Equifax enhanced loan level data, Standard & Poor’s, TransUnion, AdCo, and Trepp.

For more information or to request a demonstration, please visit Thetica Systems.

About Interactive Data
Interactive Data's Pricing and Reference Data business provides global securities pricing, evaluations, and reference data designed to support financial institutions' and investment funds' pricing activities, securities operations, research, and portfolio management. Interactive Data collects, edits, maintains, and delivers data on more than 10 million securities, including daily evaluations for approximately 2.8 million fixed income and international equity issues.

Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

For more information about Interactive Data please visit:

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