Products
CDO Scope
CDO Scope is your one stop-solution for exposure monitoring, scenario and risk analysis, performance updates, and much more. CDO Scope provides updated deal, tranche and collateral information including both asset level and summary tables, cashflow analytics including price/return calculations, fingertip access to all deal documents as well as other meaningful information. Such information includes Purchase and Sales, Credit Events, various deal characteristics, current compliance test results as well as graphs illustrating the deal’s history of such tests. The summaries, tables and graphs in CDO Scope are designed to highlight risk management concerns.
Corporate Scope
Corporate Scope is a tool used to track fund exposure to all corporate names on a look through or overlap basis. For one, all or selected portfolios, the Summary page lists Top 10 Exposures to corporate names, Recently Defaulted Names, Top 10 Loan Price Gainers and Top 10 Loan Price Losers. For the selected portfolio(s), the Corporate Issuers page lists all Issuer Names as well as Exposure percentages and Industry for each. Selecting an Issuer name from either the Summary or Corporate Issuer pages brings you to the CLO Exposure detail. This page includes information about which CLO within the selected portfolio(s) has exposure to the Issuer, the specifics about the exposure and relevant pricing information.
CLO Browser
CLO Browser allows you to select, sort and view CLO’s your portfolio(s) has exposure to, based on a number of different criteria. Such criteria includes Ratings, Loan/Bond Prices, Bond Seniority, Large or Small Cap Cov-Lite percentages, Cohort, Equity NAV, Collateral NAV, Discount Margin, Weighted Average Price, Manager or Industry type. Included are links for each CDO to the CDO Scope application as well as to a loan-level collateral file.
Deal Builder
With its user-friendly front-end and powerful back-end, Deal Builder is the solution for modeling or reviewing the most complicated structured credit products. A streamlined approach has been created for entering deal payment schedules, tranche balances, coupons, etc, deal fees, tests, triggers, hedges, etc to create a deal payment waterfall. Specific waterfall payment statements are always viewed with text from the related legal document to ensure structural accuracy and to facilitate reconciliation to the legal text.
Surveillance Analyzer
Using the waterfall created from Deal Builder, Surveillance Analyzer combines the latest deal information, market data and scenario assumptions to generate cashflow projections and analysis. Dynamic reinvestment assumptions are available as are Monte Carlo models. Interest rate, prepayment and default and recovery scenarios are entirely customizable. Default models include ratings based, risk neutral or user defined default curves. Scenario inputs are modifiable at the deal level, individual asset level or by asset type.
Workbench
Workbench allows for monitoring compliance to coverage and quality tests using a real or hypothetical portfolio and can include the addition of actual or hypothetical trades. Workbench is tailored to the specific requirements of each fund and supports fund-specific classifications and concentration limits. For a given portfolio, ratings, factors, etc can be updated within Workbench. Specific characteristics for any given asset can be modified to evaluate compliance tests under various rating actions, paydown scenarios, etc.
RMBS Scope
RMBS Scope provides for a comprehensive analysis of detailed, up to date deal, tranche and collateral information and stratifications for RMBS Assets. Collateral reports are available for one, all or selected assets. Additional reports include an Exception Report which highlights assets for which there is meaningful changes in prepayment speed, delinquency, default, rating, trigger, reset or other criteria.