MWSA News


January 13, 2004, New York, NY

Wall Street Analytics CDO Library Reaches Key Milestone

Wall Street Analytics, a leading provider of software tools and services for the structured finance industry, announced today that its CDO deal library has expanded to more than 450 deal models.

Wall Street Analytics, a leading provider of software tools and services for the structured finance industry, announced today that its CDO deal library has expanded to more than 450 deal models.

The complex financial analysis that traders and investors conduct when considering new trades or monitoring their CDO portfolios requires the engineering of a framework or "deal model" based in the underlying financial documentation for the specific Collateralised Debt Obligation (CDO) program.

Wall Street Analytics' deal library has doubled over the past twelve months reaching the company's phase one goal of 450 deal models well ahead of schedule. "We are committed to building the most comprehensive CDO deal library in the market and we guarantee that we will make 100% of any client's portfolio accessible through our CDOnet or CDOcalc products" said Wall Street Analytics' CEO Mark Ferraris.

Wall Street Analytics delivers its CDO library through CDOnet and CDOcalc.com, a subscription based service that provides CDO information and a broad array of analytic tools and valuation options. CDOcalc utilises the same calculation engine as CDOnet, WSA's comprehensive desktop application used by more than sixty asset managers, investors, underwriters and trustees to structure, manage, and analyse CDOs.

Ferraris added "The industry is working towards greater transparency and liquidity in the secondary market. The ability to access deal information via an easy-to-use interface, providing a broad range of analytic tools, is critical if this effort is to succeed".