Intex Solutions introduced INTEXcalc, a new end-user application offering transparency, ease of use, and speed in analyzing structured finance securities.
Available in Web and local versions, INTEXcalc makes use of Intex's cashflow model libraries. This allows users to analyze single securities, portfolios and bid lists faster and with more granularity and control.
According to Kevin McCarthy, managing director at Intex, traders, investors, issuers, and other ABS players are demanding more transparency and improved ways to analyze their exposure to structured securities.
"INTEXcalc meets those needs with new technologies integrated with the industry's leading library of cashflow models," McCarthy said.
"I was up and running with INTEXcalc for the first time in just a few minutes, and immediately found it intuitive and powerful, "said Phillip Daskevich, director at Cantor Fitzgerald.
"Relevant current and historical data are smartly organized in INTEXcalc, enabling me to quickly create insightful stress runs," said David Raphael, managing director at Performance Trust Capital Partners.
He added that INTEXcalc offers investment managers "the ability to efficiently and intuitively perform such rigorous security analysis and modeling on securitized products."
Intex offers complete RMBS, ABS, CMBS and CDO/CLO cashflow models and analytical tools for the global ABS sector. Its coverage includes deals issued in North America, Europe, Australia, Asia and other regions of the world,