Two firms in Arizona have joined forces: Denver-based MountainView Capital Holdings, a provider of analytic, asset management, and sales and trading services to the financial services industry, has acquired Scottsdale-based McGuire Performance Solutions, a provider of asset-liability management services to financial institutions.
Following the closing of the deal on March 10, McGuire became part of the MountainView analytics team and will continue to base its operations in Scottsdale.
McGuire's services include the following: statistical measurement of deposit and loan behavior and value; validations of asset liability management (ALM), Dodd-Frank Act stress tests and other financial models; estimates of ASC 805 core deposit intangibles and other values; ASC 350 goodwill impairment testing; and specialized interest rate risk analysis – all of which are provided to banks and credit unions with assets ranging from $50 million to $500 billion, across all charters and across ALM models.
MountainView's services include valuation and risk analytics on fixed income and residential mortgage assets, management of funds invested in residential whole loans, brokerage of residential whole loans and mortgage servicing rights, and brokerage of fixed income securities. The firm's clients include banks, credit unions, mortgage banks, mortgage servicers, hedge funds, private-equity firms, securities broker/dealer firms, insurance companies, government entities, family offices and pension funds.