Structured Products Investment Analytic System

The Vendor is required to provide structured product investment analytic and cash flow system for securitized fixed income securities for a five-year term with two one-year extension options.
- To accurately assess the underlying risks of these holdings, the investment team requires an analytic system capable of delivering comprehensive cash-flow analysis.
- Create, maintain, and display cash flow models and waterfalls for the asset classes:
• Non-agency residential mortgage backed security (RMBS)
• Agency RMBS including credit risk transfer securities
• Asset backed securities, including, but not limited:
o Auto abs
o Credit card abs
o Student loans
o Aircraft financing
o Equipment financing
o Other receivables financing (ex: servicing, taxes, etc.).
• Agency and non- agency CMBS (commercial mortgage backed security)
• Accept and be compatible with “new-issue” deal model files.
o Created by the dealer during the structuring phase and before pricing, launch, or finalization of the deal documents, these files give investors the information they need to assess bond analytics before issuance and purchase.
• The system must demonstrate broad and established adoption across the securitized products market.
• The majority of leading market participants must be active clients and users of the system.
o Investors: the system must be used by major money managers and insurance companies in the securitized-products market.
o Broker-dealers: the system must be utilized by major broker-dealers.
• The system must have a minimum of ten years of continuous operating history, with a documented track record of modeling, analyzing, and supporting workflows related to structured products.
• The stand alone application, the system needs to be able to be integrated with third party systems and allow third party systems to use specific cash flow libraries.