CoreLogic says that its RiskModel commercial analytics system, which is used to predict future residential mortgage prepayments, defaults, losses and cashflows, is now fully integrated with PolyPaths, a provider of fixed-income analytical solutions.
According to CoreLogic, this integration will add market risk assessment and option-adjusted analysis to RiskModel's existing applications, which include loss forecasting, stress testing and model benchmarking.
Further, PolyPaths users will have access to RiskModel to forecast mortgage asset performance and perform loan-level modeling to support valuation of agency credit risk-sharing deals and residential mortgage-backed securities.
‘As a result of this integration, the premier predictive modeling capabilities of RiskModel are now easily accessible to fixed-income traders and investors using the industry's pioneering multi-asset class framework – PolyPaths,’ says Olumide Soroye, CoreLogic's managing director of information solutions.
