vRMBS Solutions
Vichara’s V* Solutions sets a new standard in high-performance computing for granular trading analytics, valuation and risk management software for the fixed income markets.
Vichara’s vRMBS Solutions is the comprehensive software package that facilitates the loan-level analysis of agency and non-agency residential mortgage-backed securities.
KEY FEATURES
RMBS Analytics
- True loan-level analytics
- Multi-scenario analysis including OAS
- Support for features like stop advances, loan modifications, subsequent recoveries, step-up rates
- Highly parallelized, cloud-based computing
- Integrates proprietary and 3rd party loss and prepay models
- Customized reporting
Data Analytics
- Ultra-fast multi-dimensional stratifications
- Ad-hoc queries
- High speed reporting with Excel and web based tools
- Modeling framework
RE-REMIC / CDO / INDEX / PORTFOLIO ANALYTICS
- True loan-level analytics
- Highly parallelized
- Cash and synthetic structures
Portfolio Management System
- Straight-through processing
- P&L with matrix pricing
- Financing and Cash Management
Data Mangement & Mappings
- Very timely, zero-lag availability
- CoreLogic, Intex, GSEs and trustee data sources
- Mappings drive prepay, default & loss models
Software & Data Processing Support
- 24/7 Operational support
- Custom software development and integration
vRMBS is distinguished by several features that make it unique in its field: it constructs a “hybrid best record” for loan data combining data from various sources at loan, group and deal level and, being specially optimized for grid computing, it ensures that even with a sophisticated loan-level risk model it would take only a few hours to generate analytics for the entire universe of agency, non-agency deals and ABS CDOs under multiple interest rate, HPI and loan-level prepay/loss scenarios. vRMBS provides:
- Multiple loan sources – Loan Performance, trustees, Intex for Non-Agency and GSE, Intex for Agency CRT
- Mapping loan data across sources at loan, group and deal levels
- Grid-based computing framework
- Analytics for the universe of non-agency deals under multiple prepay/loss model, interest rate, HPI scenarios
- vLens for ultra-high performance loan data analysis for historical surveillance and modeling
