Customizable Infrastructure Now Makes Analysis and Pricing Easier for CLO, RMBS, CMBS, ABS Professionals
Thetica Trader Tools (formerly ABS Trader Tools) infrastructure components offer advantages vs. buying off-the-shelf tools or building in-house systems for structured finance bond pricing and analytics.
New York, NY (PRWEB) October 29, 2013
Structured finance professionals have typically had only two choices when it comes to software systems — purchase off-the-shelf products or attempt to build a proprietary system in-house. Thetica Systems provides a unique third option, Thetica Trader Tools, which is now being used to jump-start successful systems for diverse types of players in this market.
Thetica Trader Tools is described as a robust framework that can be used to rapidly transform an in-house project into a state of the art solution. "Building an in-house system is never as straightforward as first envisioned," said CEO Ariel Yankilevich, "and anyone who has tried such a project knows that the devil is in the details. Scope and costs change continually with market conditions and business requirements, and periodic third party cashflow engine API changes can create significant problems if one lacks highly specialized business and technical knowledge."
"We are able to substantially reduce these risks through our unique approach. Our infrastructure components have matured into flexible and customizable building blocks that can interface with any client workflow or system. We maintain the infrastructure of data feeds, databases and cashflow engine components. Our clients can stay focused on their business needs without the burden of lengthy internal development processes and ongoing maintenance."
Thetica Systems offers full integration for any source of scenario assumptions and vectors at deal level, group level, any custom bucketing, or at asset level, including importing from clients' internal models, workbooks, and databases, and automated pricing calculations directly from the client's model workbook.
The company integrates client-licensed data from Intex, MarkIT, Reuters, Interactive Data Corporation, CoreLogic Loan Performance, BlackBox Logic, Lewtan/ABS.Net, and Bloomberg (via the Backoffice data feed), among others. Additional data sources are regularly added upon new client request.
Target users are trading desks, research, product controllers, risk managers, regulatory reporting, and IT; clients are typically brokers, dealers, investment banks, hedge funds, insurance companies, and capital management.
Those interested may request information or an online demonstration by contacting Sales(at)Thetica(dot)com.
About Thetica Systems
Thetica Systems is a Cloud IaaS (Infrastructure as a Service) and Saas (Software as a Service) provider, specializing in data integration and bond analytics for structured finance. Thetica Trader Tools is a high-speed cloud-based bond analytics platform for CLO/ABS/RMBS/CMBS investments, configured for rapid implementation, fewer IT hassles and ease of customization. Its fully functional set of infrastructure components rapidly integrates bond analytics models with all the necessary data sources and cashflow APIs.
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