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| Securities Processing Solutions >> US Processing Solutions >> Fixed Income >> impact |
Mortgage-Backed/Asset-Backed Processing
impact provides an extensive Mortgage Backed/Asset Backed Securities processing facility. From the trading of TBA’s through comparison and netting at the MBSCC, to allocation and delivery of pools against those TBA deals, impact gives the user control and access to necessary information on a timely basis.
- TBA and Pool Processing
- IO and PO Processing
- ABS Processing
- CMO Processing
- Factor Entry/Revision Capability Factor Tapes
- On-Line Entry/Revision
- Future Factors with Factor Processing on Effective Date
- P & I Processing Up to 12 Periods from Latest Factor Entry Forward
- Projected P & I Paydown reporting
- Missing Factor Reporting
- TBA Fail Reporting
- Delivery Date/Settlement
- Date Processing
- Collateral (Repo) Allocation within WAC/WAM/WALA
- Give-up Broker Processing
- Daily and Month End Commission Reporting
- TBA Pairoff
- MBSCC Interface
- Automatic TBA Trade and Pool Reporting
- MBSCC Netting
- Automatic Assignment of MBSCC Trade Numbers
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- Specify Pool Function
- Full Good Delivery Editing
- Automatic Security Creation From
- Factor File
- Automatic Trade Creation from Pool Specification
- Fax of Pool Information to Customer
- Turnaround Capability
- Automatic Pool Allocation to TBA’s
- User-Specified or System-Determined Under- or Over-Allocation per TBA or per Trade
- Optimization by FCAP
- User-Specified Variance for Under- and Over-Allocation
- User-Specified WAC, WAM, WALA for Allocation
- Real-Time Allocation Analysis
- Automatic Confirmation, Cancel/Rebill Generation for Trades with Updated/Corrected Factors
- Automatic Trader P & L and InterestCorrection for Updated/Corrected Factors, including General Ledger Entries
- On Demand Allocation Position Reporting
- Automatic Generation of Open Items for Principal Paydowns, Interest Payments, Give-up Commissions, and MBSCC Nets Due To/From and Associated G. L. Entries
- History of TBA Trades Tracked through Give-Up, Netting and Specification of Individual Pools
- EPN
- Auto Specification of Buy Trades
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