MWSA News

 Wall Street Analytics (WSA), a leading provider of cashflow and synthetic CDO structuring, analytical and risk management software, today announced the seamless integration to its CDOnet product of daily global syndicated loan, bond and ABS pricing and data from Loan Pricing Corporation's (LPC) Global Mark-to-Market Pricing Service. CDOnet is a comprehensive tool for analyzing, managing and structuring, CDOs and can be linked directly to WSA's global CDO Deal Library.

The LPC Global Mark-to-Market Pricing Service is the premier mark-to-market loan pricing service with global coverage on over 4,750 loans from all active secondary issuers. LPC, as a Reuters Company, brings together comprehensive data, news and analytics across asset classes, including loans, bonds, ABS and equity.

The partnership with LPC enables mutual clients, in particular investors and asset managers, to quickly and efficiently mark-to-market their CDO collateral portfolios using the latest independent asset valuation data. CDOnet uses LPC's LIN (Loan Identification Number) codes as one of the key identifiers in its software. LIN is the trademark for a numbering system that establishes a unique loan number for sellers, buyers, administrative agents and management information vendors involved in the sale of syndicated loans.

"This will make a tremendous difference to our mutual clients, giving them quick and easy access to LPC's pricing and data service from within WSA's applications, and allowing our clients to use the latest mark-to-market valuations and facility level information in their reporting and analysis." said Ian Smith, a Managing Director at Wall Street Analytics.

"LPC is very excited to be able to offer this service with Wall Street Analytics," said Darrenth Hawken, SVP/ Co-head EMEA for LPC. "As the loan and CDO markets continue to grow in size and complexity, operational efficiency will be a key factor for our clients. LPC continually seeks to identify ways to improve delivery of our comprehensive credit market content, and this seamless integration with Wall Street Analytics' service is another key development for the market."

About Wall Street Analytics:

Wall Street Analytics is a worldwide leader providing sophisticated software products and services to the structured finance markets.

The company provides products and support to more than 100 clients around the world including leading asset management firms, investment banks, trustees, and institutional investors. Its CDOnet, CDOcalc, Structured Finance Workstation, Bond Administration Workstation and ABScalc products are widely recognized for their unique abilities to support detailed analysis of the most sophisticated structured debt products including, collateralized debt obligations (CDOs), mortgage-backed securities (MBS) and asset-backed securities (ABS). Founded in 1987, the company serves the markets from its three main locations in New York, San Francisco and London.

About Loan Pricing Corporation:

Since 1985 Loan Pricing Corporation (LPC), a Reuters Company, has provided market players around the world with the most complete and accurate news, data and analytics on the loan and credit markets. LPC's coverage spans the U.S., Europe, Middle East, Africa, Latin America, and Asia-Pacific via subsidiary Basis Point Publishing Limited. LPC's content is delivered via publications, on-line services and databases.

LPC is the premier global provider of credit market information and analysis as a result of its in-depth focus on the credit industry and development of state-of-the-art products and services for bankers, borrowers and investors.