According to Senior Analyst, Ellen Carney; “The companies noted in this report underscore fundamental changes in the role that technology will play in the banking industry in the coming years.”
The report also notes that “The credit crisis has brought the need to manage a variety of risk forms - credit, market, economic, and even reputational - into laser focus, with dealmakers and investors both looking for visibility into the performance of these more exotic and hard-to-value securities.”
CDO Software’s tools provide greater transparency to these exotic securities by equipping clients with the necessary functionality to quickly upload and evaluate new positions; monitor and risk manage portfolios; view exposure and generate reports in one fully-audited environment.
“We are honoured to be recognised by Forrester Research, Inc., and pleased that our continued efforts to support the structured credit market with our cutting-edge solutions are being acknowledged”
The Forrester Research Inc. report also states that; “To stay on top of banking industry market trends, Forrester recommends that tech marketers looking to enter or expand in the banking market should: Show bankers how they can do their jobs better by integrating business processes and technology in new ways, using different channels. Deliver business performance intelligence with job- or role-focused dashboards that allow job-holders to get the information they need, in the way they want it presented, to succeed in their roles.”
CDO Software understands the importance of this functionality. Brett Paton, CTO of CDO Software explains; “Our work to specifically cover the different roles within the bank means that the system can be deployed firm-wide, ranging from front office to risk managers. This flexibility reduces operational risks and in addition with security and auditing functionality, satisfies the growing pressures from compliance and auditors.”
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About CDO Software
CDO Software creates portfolio and risk management tools for asset managers, investors, risk managers and trustees in the CDO and CLO market. The firm’s award-winning platform integrates analytical models and market data feeds, automates rating agency models and generates investor reports in one fully audited environment. The CDO Tools™ application suite comprises of CDO Director™, CDO Grid™, CDO Investor™, CDO Reporter™, CDO Scheduler™ and CDO Tracker™. CDO Software’s management team has a wealth of experience in financial markets and specializes in credit derivatives, with a proven track record of delivering systems to major financial institutions. Please visit www.cdosoftware.com for more information.