Users of both FT Interactive Data and absreports.com services can now view pool performance reports and cash flows, browse and search deal documentation, and obtain daily bond evaluations for European asset-backed and mortgage-backed securities.
FT Interactive Data says it has made available its daily bond evaluations for European asset-backed securities (ABS) and mortgage-backed securities (MBS) via absreports.com, which provides detailed contact, transaction and performance data for the European securitisation industry.
By clicking on a link within absreports.com, users can now access FT Interactive Data’s desktop portfolio administration tool, FTS, and view online daily evaluations for over 450 hard and soft bullet issues. These include residential mortgage-backed securities (RMBS) – the largest growth area within European securitisation – credit card deals, and whole business securitisation deals. The bond evaluations can also be downloaded.
Users of both FTS and absreports.com are now able to view pool performance reports and cash flows, browse and search deal documentation, and obtain daily evaluated prices for European ABS and MBS securities.
FT Interactive Data provides daily evaluations for more than 2.5 million fixed income securities, including European and North American ABS and MBS. FT Interactive Data also offers bond evaluations for straight and floating corporate; high yield and defaulted debt; convertibles; agencies; CMOs; government; covered bonds – Pfandbriefe; money markets CP/CDs, and municipals.
“FT Interactive Data’s evaluated pricing can help our clients with their valuation obligations and the demands of risk and portfolio management,” explains Peter Jones, European director of evaluation services for FT Interactive Data. “Our fixed income coverage is steadily increasing as a result of new issues and customer requests. The relationship with absreports.com benefits customers of both our companies by providing an enhanced offering of information on European ABS and MBS securities.”
David Colling, product director of absreports.com, adds that “in displaying collateral pool performance and daily evaluated pricing, FT Interactive Data and absreports.com help provide the essential information needed to create a more transparent European ABS market. With an increasing amount of data available, Europe is beginning to benefit from similar levels of information that have long been available in the US.”