Interactive Data advances BondEdge with fresh analytics

Source: Interactive Data

Interactive Data's BondEdge Solutions, a leading provider of fixed income portfolio management software, today announced the launch of BondEdge® Advance, a Web-based tool that enables broker dealers and asset managers to easily and cost-effectively perform comprehensive fixed income analysis functions for their clients.

With BondEdge Advance, investment professionals can generate presentation-ready reports backed by simulations and graphics to help their clients better understand the underlying risk in their portfolios. Broker dealers can benefit from BondEdge Advance by generating personalized, comprehensive trade proposals for clients, while asset managers can benefit from risk management capabilities, including "what-if" simulations to determine the security level risk embedded in their portfolios.

"Our firm needed a better way to get up to date analytics instantaneously without making it a massive and expensive undertaking," said Emery Levick, Director of Investments and Partner at US Asset Management. "Using BondEdge Advance, I am able to upload excel spreadsheets and get instant results for Yield to Maturity (YTM), Yield to Call (YTC), Yield to Worst (YTW), security ratings and much more. The BondEdge Advance staff has been extremely responsive to our suggestions and needs, offering tremendous value add that every firm should be willing to embrace."

"Broker dealers and asset managers need advanced fixed income analytics capabilities at both the portfolio and security level to determine underlying risk, generate simulations and, most importantly, effectively present these scenarios in a format their clients or investors can understand," said Andrew Hausman, President, Pricing, Reference Data, and Analytics for Interactive Data. "We developed BondEdge Advance so that institutional sales professionals and strategists as well as portfolio managers can access a Web-based tool that is easy-to-use and cost-effective, while providing the comprehensive analytics capabilities they require."

BondEdge Advance includes a set of sophisticated on-line bond analytics tools:

Portfolio What-If Analysis: outlines the impact of trades considered by the client on a portfolio.

Bond Swap Analytics: generates before-and-after statistics including shocks and gain/loss for multiple buys and sells.

Interest Rate Simulations: provides parallel and non-parallel rate shift scenarios, with ending horizons ranging from 0 to 60 months.

Cash Flow Calendar: offers a view of total cash flows, along with a breakdown of principal and interest, at selected frequencies.

Security Analytics: provides a view of analytical measures for a group of securities.

Interactive Data recently announced the expansion of BondEdge across a range of asset classes, including: fixed income, equities and derivatives. Equity coverage includes Common Stock, American Depository Receipts (ADRs)/Global Depository Receipts (GDRs), Master Limited Partnerships (MLPs), Real Estate Investment Trusts (REITs), ETFs. Derivatives coverage includes options on Equity and Indices, Index Futures and Commodity Futures.

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