FOR IMMEDIATE RELEASE
New York, NY, November 24th, 2020 -- Andrew Davidson & Co., Inc. (AD&Co), is proud to support Fite Analytics’ innovative cloud-native Mortgage-Backed Securities Analytics Service. The Fite Analytics solution incorporates AD&Co’s LoanDynamics models that provide forecasts of voluntary prepayments, defaults and losses that drive risk analytics across the mortgage-backed securities market with comprehensive coverage.
Geoff Fite, Chief Executive Officer at Fite Analytics, said: “AD&Co is a critical complement to our business. Financial institutions would like more choice when performing capital markets analysis, and together we have achieved a world-class service. AD&Co’s industry-leading advanced modeling helps Fite Analytics provide a level of coverage, quality and speed that other providers cannot match.”
Michelle Stepien, Manager of Vendor Relations for AD&Co, said: “Fite Analytics provides a robust, streamlined, cost effective solution for assessing risk across the full spectrum of asset classes. AD&Co is pleased to provide our market leading models and analytics to assess the risk of US mortgages and mortgage-backed securities to the Fite platform."
About Fite Analytics
Based in Los Angeles, Fite Analytics is a privately held corporation founded in 2016 to provide leading edge data processing and analytics services to institutional investors by including comprehensive global market data, ultra-high-speed analytics, and implementation-free cloud-native technology. For more information, visit fiteanalytics.com.
About Andrew Davidson & Co., Inc.
Andrew Davidson & Co., Inc. is the leading provider of risk analytics and consulting for residential loans and MBS. We develop and license prepayment and credit models as well as risk measurement tools that are the benchmark analytics used by top mortgage and commercial banks, insurers, credit unions, broker-dealers and money management firms. With our unique blend of investment expertise and cutting edge quantitative methods, we produce highly advanced models and the most innovative solutions to mortgage investment challenges. For more information, visit ad-co.com.
Chief Executive Officer
Manager of Vendor Relations