Do you need another structuring tool for ABS/MBS ?
I'm currently working on a open-source Python package that user can
-
Define deal attributes (fees/tranches/pools/waterfall rules) only in Python syntax
-
User can project the cashflow for fees/pool/accounts/bonds.
-
User can tweek the data ( tranche size, waterfall actions, any item in the deal ) to structure the cashflow appealing to investor or rating agency .
-
The calculation logic will be open sourced as opposed to current vendors which only trying to sell their own commerial structuring software . ( but the package is not working yet, the documentation is WIP )
I'm just wondering , do you think the analyst would using a python ( they may incline towards to spreadsheet ? or they won't giving up the current commerial solution giving the leanring curve )
There are tools out there that already do this. Almost everyone uses Intex in the space, especially useful for deals that are repetitive. T-REX is another start-up that performs a similar feature, although not as popular as Intex because of how new it is.
For complicated deals, firms prefer to just model stuff in excel/python because things can change on the fly.
Repellendus magni velit quae et eligendi. Et quis in quis.
Ratione id eum sunt sequi voluptates molestiae. Sint laborum quos possimus neque et veritatis tenetur voluptas. Debitis eos placeat maiores facilis eos est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...