SimCorp provides Front, Middle, and Back Office solutions used by global investment managers to efficiently handle risk, reduce cost, and scale their businesses for growth. The addition of AD&Co's OAS Subroutine allows clients to measure, rank, and decompose MBS risk for both agency and private-label instruments which means better analytics and tools for investors to make timely and accurate investment decisions.

AD&Co's OAS Subroutine is available throughout SimCorp Dimension which ensures that methods and measures are consistent across portfolio analysis, order generation, performance attribution, scenario analysis and risk management, leading to better strategy implementation and trading decisions for the clients.

Georg Hetrodt, Chief Technology Officer at SimCorp, commented: "We are very pleased with this partnership. While SimCorp Dimension supports a large variety of pricing models and instruments, bringing in AD&Co's market-leading mortgage analytics makes our solutions even more powerful. The tools fit well with the existing capabilities of SimCorp Dimension and add value for our clients."

Rob Landauer, Director of Business Development at AD&Co said: "AD&Co's OAS valuation methodology reflects both prepayment and default options, considers interest rates and home prices as primary economic factors and also accounts for model risk. This library has been successfully integrated into SimCorp Dimension to provide clients with a powerful mortgage valuation and analytics platform."