Andrew Davidson & Co. Inc. (AD&Co) was founded in 1992 by Andrew Davidson, an international leader in the development of financial research and analytics, mortgage-backed securities product development, valuation and hedging.
CURRENT PRESS RELEASE
Andrew Davidson & Co., Inc. Hosts Conference in D.C. to discuss Analytical Measures, Ratings & Risk-Based Capital
NEW YORK, March 15, 2010— Andrew Davidson & Co., Inc. (AD&Co), a leading provider of mortgage analytics, is holding a conference in Washington, D.C. entitled “Analytical Measures, Ratings & Risk-Based Capital.” The gathering of regulators, policy and legislative advisors, practitioners and mortgage industry veterans will focus on a comparison of ratings against a variety of analytical measures, with practical examples from the recent financial crisis, as well as on the topic of risk-based capital, a key component of regulatory reform.
“If we look at the different causes of the financial crisis, over-reliance on ratings agencies and a lack of true analytical capability on the part of RMBS investors played a significant role. Rather than simply re-hashing this point, we believe the policy discussion needs to begin to focus on the role that particular analytical measures can and should play in the future of securitization. We hope that this conference will be an important part of the start of that discussion,” said the founder and president, Andy Davidson.
The talks include sessions on a general perspective on ratings vs a number of analytical measures, examples in practice of how deals were initially rated relative to analytical measures, and how those deals subsequently evolved over time. Additionally, the topic of analytical approaches to risk-based capital figures prominently. “Assignment of risk-based capital based on ratings, either by internal groups or by regulators, poses a significant problem for a number of reasons. Many people have begun to recognize this problem, but there needs to be a discussion about what to do instead, and how the system should evolve,” added Eknath Belbase, a D.C.-based consultant with AD&Co.
About Andrew Davidson & Co., Inc.
Andrew Davidson & Co., Inc. turns mortgage data into investment insight. The firm is a leading provider of models of borrower behavior and risk analytics for fixed income investors of mortgage (MBS) and asset-backed securities (ABS) and an expert advisor in the areas of risk management, and the valuation of complex MBS and mortgage derivatives. Andrew Davidson & Co., Inc. offers prepayment models for MBS and ABS, a LoanDynamics™ Model for credit sensitive mortgage securities, and option-adjusted valuation and risk management tools for MBS, ABS, and CMOs. With a unique blend of investment expertise and cutting-edge quantitative methods, the company produces highly advanced models and the most innovative solutions to mortgage investment challenges.
PREVIOUS PRESS RELEASES
2009
December 01, 2009Andrew Davidson & Co., Inc. RMBS Credit Analysis service to assist Insurance Companies in the Assessment of Risk Based Capital.
July 09, 2009
Andrew Davidson & Co., Inc. Extends Valuation Services with Credit Loss Snapshot to Estimate the Present Value of Expected Cash Flows and Credit Loss on MBS Holdings
April 11, 2009
Andrew Davidson & Co., Inc. Enhances Analytics to Include Vectored Tuning to Measure the Risk of Mortgage Portfolios with Greater Flexibility and Accuracy
2008
October 02, 2008Andrew Davidson & Co., Inc. Offers Breakpoint Analysis to Measure the Risk of Mortgage Portfolio Losses during Complicated Times
June 23, 2008
Andrew Davidson & Co., Inc. Extends Availability of the LoanDynamics™ Model with new link to INTEXdesktop™
2007
January 23, 2007Andrew Davidson & Co., Inc. Tackles Credit and Default Risk with their new LoanDynamics™ Model
2006
October 16, 2006ANDREW DAVIDSON & CO., INC. AND COMPASS ANALYTICS PARTNER TO DELIVER PREPAYMENT MODELS
May 17, 2006
Andrew Davidson & Co., Inc. Reveals the Workings behind its MBS Enhanced Prepayment Model
2005
November 14, 2005ANDREW DAVIDSON & CO., INC. RELEASES NEW PREPAYMENT MODEL FOR SUB PRIME LOANS
2003
September 22, 2003ANDREW DAVIDSON AUTHORS NEW SECURITIZATION BOOK
2002
October 08, 2002ANDREW DAVIDSON & CO., INC. ENHANCES ITS LIBRARY OF TERM STRUCTURE MODELS
March 27, 2002
Andrew Davidson & Co., Inc. Releases New MBS Prepayment Model
