Tag Archives: Solutions

BMO Bank of Montreal Adopts Nomis Solutions’ Pricing Optimization Across Multiple Product Areas

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San Bruno, CA (PRWEB) November 10, 2008

Nomis Solutions, the leading provider of best-in-class Pricing and Profitability Management for financial services companies, today announced that BMO Bank of Montreal (NYSE: BMO) has selected the Nomis Price Optimizer. BMO will deploy Nomis Solutions’ award-winning pricing optimization solution for originations and retention across multiple product areas with an initial focus on personal and indirect lending. Scheduled to deploy its first set of optimized rates early in 2009, BMO is anticipating greater agility in the rapidly changing market.

By deploying the Nomis Price Optimizer across multiple product areas, BMO will be leveraging a best-in-class pricing and profitability management approach that is based on a quantifiable understanding of the impact of pricing on customer response, product performance, and risk. BMO will then have a more consistent, repeatable and efficient pricing process that allows them to make changes more dynamically and with a higher level of confidence.

“With our work in the Canadian market over the past two years, we’ve learned a lot about customer response to offers and pricing and have demonstrated our ability to materially impact financial performance for our customers,” said Nomis Solutions’ Chairman and CEO,

Dennis Stradford. “We look forward helping BMO adopt a more advanced and dynamic approach to pricing strategically across its retail banking businesses.”

The award-winning Nomis Price Optimizer is designed for executives responsible for pricing loan and deposit products who want to use pricing strategically to drive financial performance at the national, regional, and local levels. This solution is the backbone of the Pricing and Profitability Management suite and delivers a clear understanding of customer response and how price impacts performance. By leveraging this information, the pricing team can quickly pinpoint which segments are under-priced or over-priced and better tailor pricing decisions to meet performance targets. Nomis Price Optimizer also helps build a more attractive portfolio mix to meet the “originations to order” requirements of the securitizations market. Currently deployed at more than 12 banks and finance companies worldwide, Nomis Price Optimizer optimizes more than $ 5 Billion in consumer lending each month.

About Nomis Solutions

Nomis Solutions enables best-in-class Pricing and Profitability Management for financial services companies. Through a combination of advanced analytics, innovative technology, and tailored business processes, the Pricing and Profitability ManagementTM Suite delivers quick time-to-benefit, and improves financial and operational performance throughout the customer acquisition and portfolio management processes.

The Pricing and Profitability ManagementTM Suite of business solutions includes the award-winning Nomis Price OptimizerTM, the Nomis Offer OptimizerTM, the Customer Portfolio OptimizerTM, and the Nomis NavigatorTM. These solutions are designed to meet the specific requirements of auto finance, home equity lending, personal lending, mortgage, and deposits executives. Select customers include Abbey, AmeriCredit, Chrysler Financial, HBOS plc, and Royal Bank of Canada. Headquartered in San Bruno, CA, Nomis Solutions also has offices in London, United Kingdom. Visit http://www.nomissolutions.com or contact us at 650-588-9800.

Nomis Solutions, the Nomis Price Optimizer, Nomis Offer Optimizer, the Customer Portfolio Optimizer and the Nomis Pricing and Profitability Management Suite are trademarks or registered trademarks of Nomis Solutions, in the United States and in other countries. Other product and company names herein may be the trademarks of their respective owners.

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Nomis Solutions Announces Pricing and Profitability Management Suite for Retail Banks

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San Bruno, CA (PRWEB) December 2, 2008

Nomis Solutions, a leader in best-in-class Pricing and Profitability Management for financial services companies, today revealed its expanded suite of solutions and services for optimal customer acquisition and portfolio management. Available immediately, the Nomis Solutions Pricing and Profitability Management SuiteTM for Retail Banks capitalizes on Nomis Solutions’ domain expertise within retail banking. Through a combination of advanced analytics, innovative technology, and tailored business practices and processes, the Suite for Retail Banks improves financial and operational performance on both sides of the balance sheet.

“In today’s turbulent market, pricing has taken on a new level of importance,” shared Kathleen Khirallah, managing director and practice leader of the banking practice at TowerGroup. “Consumer lending executives need to ensure they are appropriately pricing for profit and risk. Deposits executives need to price appropriately to achieve funding targets without ‘giving away the farm.’ These goals can only be successfully achieved by using an understanding of customer response to pricing — a key insight that is missing from most pricing decisions today.”

With a scarcity and higher cost of capital, unstable portfolios, and an unpredictable competitive landscape, bank executives need to be proactive and look for new approaches to pricing and profitability management. This begins with the rates they offer consumers for loans and deposits products. With the ability to quantify consumer response to pricing, executives can align pricing goals and a pricing strategy with business objectives and financial performance targets. Because they are able to forecast what new loans they can expect to acquire before putting actual prices into the market, banking and finance management can have an intelligent debate on the inevitable tradeoffs such as profit, volume and risk goals, tier/term mix, credit score distribution, and loan-to-value (LTV) that will occur as a result of a pricing action.

Once performance goals are set, prices can be optimized to achieve profit, volume and balance targets from the loan portfolio level down to the micro-segment level. Executives can measure the impact of a competitor price change or recent exit on their business. The benefits include: increased profits and/or market share, higher returns on assets, improved deposits balances, more control over risk, a cohesive view of key performance indicators (KPIs) and the use of a more structured, repeatable and efficient pricing process.

For lenders, the ability to predict the impact of price on consumer response enables them to optimize their credit and term mix within the context of their risk and asset backed securities (ABS) conduit tolerances. For deposits executives, an understanding of consumer response to deposit rates at the point of sale and renewal helps drive incremental margin improvements and helps banks reduce its overall cost of funds.

“Although pricing is one of the most effective ways to immediately impact financial performance, it’s dramatically underutilized by most banks today,” said Frank Rohde, chief marketing officer at Nomis Solutions. “Our analysis shows that responsiveness to price is changing on a weekly or bi-weekly basis, which is the most rapidly changing consumer behavior that we’ve witnessed to date. Executives need to better understand and quantify how this changing behavior is impacting their performance and if and when to make price changes in order to meet their business objectives.”

Three integrated solutions comprise the Pricing and Profitability Suite for Retail Banking:

Auto Finance Market Profits from Pricing and Profitability Management Suite from Nomis Solutions

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San Bruno, CA (PRWEB) December 2, 2008

Nomis Solutions, a leader in best-in-class Pricing and Profitability Management for financial services companies, today announced the immediate availability of its suite of solutions and services specifically tailored for auto finance companies. The Nomis Pricing and Profitability Management SuiteTM for Auto Finance capitalizes on Nomis Solutions’ domain expertise within auto finance and includes pricing, offer and portfolio optimization capabilities. Through a combination of advanced analytics, innovative technology, and tailored business practices and processes, the Suite for Auto Finance improves financial and operational performance.

A number of the world’s leading auto finance and bank executives were granted an exclusive preview of the Nomis Solutions Pricing and Profitability Management Suite at the Global Pricing Optimization Forum in New York. John William Snow, chairman of Cerberus Capital Management and former Secretary of the Treasury, delivered the keynote address and said, “Mis-pricing leads to misallocation of resources and waste in the system. In the current situation, mis-pricing has lead to cataclysmic results. But, businesses that are going to make it and break through to the other side are going to have to use analytics to really understand their customers in a way that’s beyond what they are doing today. We are doing it at Cerberus because we know it’s critical to success.”

Burdened by a combination of decreasing auto sales, declining margins, increasing losses, and a scarcity and higher cost of capital, auto finance executives need to be proactive and look for new approaches to pricing and profitability management. With the ability to quantify consumer response to pricing, executives can align pricing goals and a pricing strategy with business objectives and financial performance targets. This approach also supports an intelligent debate on the inevitable tradeoffs such as profit, volume and risk goals, tier/term mix, credit score distribution, and loan-to-value (LTV). Once performance goals are set, prices can be optimized to achieve profit, volume and credit mix targets from the portfolio level down to the micro-segment level.

Auto loans are the second largest subsector of asset-backed securities (ABS). Auto finance companies that are reliant on the ABS market are finding capital scarce and investors are demanding to know more about the underlying assets. This combination has resulted in an extremely selective secondary market that is requiring loan portfolios that are “originated-to-order” – meaning investors want transparent loan portfolios that offer only certain types of financing products to certain types of borrowers. However, most executives don’t have visibility into the makeup of the portfolio they would build based on the prices they are planning to put into the market. With Nomis Solutions Pricing and Profitability Management Suite, auto finance executives are able to forecast what they can expect to acquire as a result of a pricing action before putting prices into the market. The ability to predict the impact of price on consumer response enables them to optimize their credit and term mix within the context of their risk and ABS conduit tolerances.

The Pricing and Profitability Management Suite for Auto Finance includes:


Nomis Offer Optimizer: The Nomis Offer Optimizer is built for credit analysts that engage in deal-by-deal negotiations and want to customize offers to meet the needs of the auto finance company, the Finance & Insurance Manager, and end-consumer. This solution centralizes all the key data inputs required to make an informed decision, such as the characteristics of the borrower, vehicle and dealer, dealer history and the proposed deal terms. It also provides simulation and optimization capabilities for deal structuring and pricing so that credit analysts understand the impact of various options on key performance indicators (KPIs) such as profits and deal conversion before responding to the dealer.
Nomis Navigator: Designed specifically for senior management responsible for one product, a line of business with multiple products, or multiple lines of business, the Nomis Navigator is an executive dashboard that provides enhanced visibility into critical banking metrics for auto finance companies. This includes capturing actual and forecasted performance over time and highlighting areas of exposure in new originations by providing cautionary guidance and profit opportunities in the existing portfolio. It can be configured to meet the needs of a bank executive that is interested in better tracking KPIs such as volume, profit, credit mix, by product, geography and customer segment. In addition, alerts can be set up to quickly identify, diagnose and respond to emerging problems.
Nomis Price Optimizer: Created for executives responsible for pricing loan and deposit products who want to capitalize on strategic pricing to drive financial performance from the portfolio down to the micro-segment level. The award-winning Nomis Price Optimizer is the backbone of the Pricing and Profitability Suite and delivers a clear understanding of consumer response and how price impacts performance. By leveraging this information, pricing teams can quickly pinpoint which segments are incorrectly priced and better tailor pricing decisions to meet performance targets. Nomis Price Optimizer also helps build a more attractive portfolio mix to meet the “originations to order” requirements of the securitizations market.

“Nomis Solutions’ continued focus on the Auto Finance market in the U.S. and Canada is changing the way in which traditional and non-traditional lending institutions compete and service their customers,” said Frank Rohde, chief marketing officer at Nomis Solutions. “Auto Finance has always been astute at creating pricing models that account for the depreciation of the asset, incorporating customer response data and market and attitudinal changes. Nomis Solutions’ Pricing and Profitability Management for Auto Finance provides an integrated platform allowing executives to make decisions to better manage and optimize lending practices for profit improvements.”

Today’s announcement of Pricing and Profitability Management Suite for Auto Finance is complemented by the release of the Pricing and Profitability Management Suite for Retail Banks. Both solutions were unveiled to more than 75 bank and finance executives at the Pricing and Profitability Executive Forum in New York, and at the Pricing & Profitability Executive Summit in Europe that was co-hosted by TowerGroup and Nomis Solutions.

About Nomis Solutions

Nomis Solutions enables best-in-class Pricing and Profitability Management for financial services companies. Through a combination of advanced analytics, innovative technology, and tailored business processes, the Pricing and Profitability ManagementTM Suite delivers quick time-to-benefit, and improves financial and operational performance throughout the customer acquisition and portfolio management processes.

The Pricing and Profitability ManagementTM Suite of business solutions includes the award-winning Nomis Price OptimizerTM, the Nomis Offer OptimizerTM, the Customer Portfolio OptimizerTM, and the Nomis NavigatorTM. These solutions are designed to meet the specific requirements of auto finance, home equity lending, personal lending, mortgage, and deposits executives. Select customers include Abbey, AmeriCredit, Bank of Montreal, Chrysler Financial, HBOS plc, and Royal Bank of Canada. Headquartered in San Bruno, CA, Nomis Solutions also has offices in London, United Kingdom. Visit http://www.nomissolutions.com or contact us at 650-588-9800.

Nomis Solutions, the Nomis Price Optimizer, Nomis Offer Optimizer, the Customer Portfolio Optimizer and the Nomis Pricing and Profitability Management Suite are trademarks or registered tr

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iServiceGlobe and Sky Technologies Announce Partnership to Deliver Mobile Solutions to SAP Clients throughout the Globe

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Sunnyvale, CA (PRWEB) May 11, 2009

iServiceGlobe, an SAP business solutions provider, and Sky Technologies, an industry leader in enterprise mobility, and integration for SAP, announced today their partnership to sell Sky’s mobile solutions.

The two companies have already engaged one of iServiceGlobe’s existing clients; Canada based information security company, Securit. In the process of developing the ideal solution for Securit’s CRM implementation, the iServiceGlobe consulting team found Sky’s existing platform had the capabilities to meet their client’s mobility needs. Sky Technologies software will provide the backbone for communication between Securit SAP CRM Services system and the Motorola Symbol

Vertical Capital Solutions Launches Advisory Business

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New York, NY (PRWEB) June 24, 2009

Vertical Capital Solutions (“VCAP Solutions”) in partnership with Vertical Capital, LLC an SEC registered investment advisor with over $ 4.5 billion in AUM, has launched a valuation and advisory business that will provide a wide range of services to clients. The platform was created by combining Vertical Capital’s market leading technology and analytics with a successful advisory platform – Kensington Blake Capital – which has deep experience in structured products valuation, advisory, risk management, and the trading of complex loans and securities.

The VCAP Solutions management team has held senior leadership roles at global banks, insurance companies and asset management firms, bringing firsthand experience in the risk management of loan and structured product portfolios. The effort is led by Charles McLendon, who will join as Managing Partner. McLendon was formerly the President and CIO of Primus Asset Management and was the Global Head of the Investment Grade Credit Group at Bank of America. Ricardo Diaz and Brian Zwerner, former partners at Kensington Blake Capital, will join as founding Partners in VCAP Solutions. The company is launching their practice with a core team of seven professionals that bring over 125 years of combined experience with support from Vertical Capital’s highly advanced proprietary loan level technology platform. VCAP Solutions will have dedicated professionals in offices in New York, Atlanta and Chicago.

VCAP Solutions has been formed in response to the unprecedented changes in the financial markets that have created a demand for independent advice, valuation, and analysis. The VCAP Solutions’ team brings a wealth of structured products, whole loan, derivatives and capital markets experience to a wide range of potential projects. While each project is unique, VCAP Solutions’ services are focused in three main areas: Valuation and Financial Reporting, Risk Assessment, and Strategic Advisory. VCAP Solutions’ range of capabilities are broad, including delivering independent valuations on large portfolios, providing granular cash flow and stress analysis, and assisting in portfolio management and trade execution on individual assets and portfolios.

“Our clients need access to unbiased advice supported by granular information, market perspective, and robust analytics capabilities,” said Charles McLendon, Managing Partner at VCAP Solutions. “The combination of an experienced team of structured products professionals with access to market leading tools developed over the last six years at Vertical Capital will allow VCAP Solutions to be an immediate leader in the market for providing valuation and risk management services.”

“Vertical Capital has invested heavily in building out the best tools in the marketplace for evaluating complex loans and securities. We are very pleased to have assembled this high caliber team to meet clients’ needs” said Tom Pearce, Managing Partner at Vertical Capital. “We are thrilled to have the VCAP Solutions team as partners to develop the complementary advisory and solutions business,” said Brett Graham, Manager Partner at Vertical Capital.

For more information on the VCAP Solutions team and services, please visit: http://www.vcapsolutions.com, or Contact:

Charles McLendon

Managing Partner

Vertical Capital Solutions

Phone: 212.786.5300

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MBA Commercial Offers Short Sale Solutions for Distressed Commercial Properties to Avoid Foreclosure

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San Diego, CA (PRWEB) August 11, 2010

MBA Commercial, one of San Diegos premiere commercial real estate brokers, has cash buyers available to relieve commercial real estate owners of unserviceable debt. Owners can save their credit by participating in a short sale versus a foreclosure. Lenders net approximately 15-20% more through a short sale than a foreclosure, providing them with incentive to satisfy a larger portion of debt.

According to MBA Commercial CEO Brian Yui, MBA Commercials access to ready buyers and ability to quickly and efficiently complete short sales on behalf of distressed property owners can significantly reduce damage to credit.

As MBA Commercial, Inc. predicted in late 2009, the wave of commercial foreclosures in San Diego is increasing. Researcher Real Capital Analytics Inc. reported that at the end of March 2010, San Diego County had 120 commercial loans in delinquent or default status, with a total value of $ 1.8 billion. According to Bloomberg L.P., in the first quarter of the year, 24.9% of San Diegos commercial mortgage backed securities loans were on watch lists as lenders anticipated near-term delinquencies. In response to this growing need, MBA Commercial has established a short sale unit comprising experienced negotiators and closers dedicated to assisting commercial property holders dispose of their non-performing assets.

The model is similar to residential short sales: For commercial owners carrying debt higher than the current value of their properties, MBA Commercial can provide a cash buyer for fair market value. MBA then negotiates with the lender to release the owners note for the value of the sale, even though the owner owes more than the property is worth. The owner of the building avoids foreclosure and the bank avoids the legal fees and carrying cost associated with a foreclosure. The lender ultimately nets more money and avoids the risk of taking title to the property.

In addition to short sales, MBA Commercial specializes in short payoffs. The company has bridge financing lenders who are able to loan the majority of loan payoff amounts. Bridge financing costs are generally two to five points with interest rates ranging from 12-15% depending upon securitization and assumption of risk. Much like choosing a short sale over foreclosure, short payoffs can save a commercial property owners credit as well reducing or eliminating personal guarantees.

MBA Commercial has long anticipated the downturn in San Diegos commercial property market and is now poised to assist owners in debt while generating profits for investors. Says Yui, These individuals become free of the debt they can no longer service and the properties are restored to profitability, benefiting the local economy. Its a win-win, something we dont often see in the current market.

MBA Commercial, Inc. is a leader in San Diego commercial real estate. MBA Commercial offers a turn-key solution for property management, leasing, sales and financing. Its new Short Sale Division provides bridge loans as well as short sale opportunities for commercial property owners. For further information, please call 888-248-6222.

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Veros Real Estate Solutions Marks 10 Years of Business

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Santa Ana, CA (PRWEB) May 25, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and property valuation services, is celebrating its 10-year anniversary.

Veros is a significant provider of property valuation analytics, including automated valuation models (AVMs), automated fraud and risk analytics, as well as forecasting for the real estate and mortgage industry. Veros products and services allow users to manage the entire spectrum of collateral valuation products while simultaneously monitoring workflow for compliance.

The company began business in 2001 with the release of its lead AVM product, VeroVALUE. Considered to be the first secondgeneration AVM, VeroVALUE provides the necessary transparency the industry needs for reliable confidence scoring and sophisticated predictive modeling.

Veros was formed on the belief that the future of properly understanding and analyzing collateral risk depended on leveraging strengths of all available valuation methodologies and data sources, said Darius Bozorgi, Veros president and chief executive officer. Our mission was to respond to what mortgage stakeholders truly needed. We continue to pursue this today through advancement of our core analytics and through the development of flexible, efficient, and transparent property valuation ordering, review and scoring solutions.

Veros went on to successfully develop and release additional analytics that included collateral risk scoring solutions, real estate market forecast tools, distressed-market AVMs, condition reports, and a variety of targeted analytics and solutions for use by top lenders and servicers. The company also was on the forefront in identifying the need for automated property valuation platforms and offered its first platform solution in 2007.

In 2010, Veros was chosen by Freddie Mac and Fannie Mae to build, support and maintain their joint platform, the Uniform Collateral Data Portal (UCDP), which provides electronic appraisal data delivery to these government-sponsored enterprises (GSEs). Previous to that, Veros was selected in 2009 to be the technology provider for Fannie Maes Collateral Data Delivery system, which requires originating lenders to provide appraisal data prior to loan delivery on loans purchased by the GSE. Additionally, Veros was named the exclusive provider of valuation analytics for Standard & Poors Fixed Income Risk Management Services efforts to provide loan-level property valuation information.

The partnerships Veros has formed in the past 10 years, and those to be formed in the future, all strive to provide the long-term benefits that come from mutually beneficial enhancements to improve the mortgage industry. Our forward-looking focus is on providing the tools and insights that will bring much-needed stability back to the housing finance system, said Bozorgi.

Veros has hosted the Predictive Methods Conference and published The RiskWire for the past 10 years. Both are educational forums geared to increase dialogue on important issues surrounding predictive mortgage technology. Recognized by its peers, Veros was the recipient of Mortgage Technology Magazines 2010 Synergy Award for its efforts around UCDP. Additionally, Mortgage Banking Magazine named Bozorgi a 2011 Technology All-Star for his thought leadership and technological innovations.

Bozorgi sees steady growth through continued high-tech product advancements to meet the strategic needs of business partners and professionals. Analytics will always be a primary focus for us. We are working hard to continually enhance our products to meet the ever-changing demands of the industry, he said. To that note, the development of the next generation of collateral tools and platform services is also critical to the success of the industry, he said. Veros commitment to on-going development equates to faster, more accurate, more informed and more profitable business decisions.

In line with business demands, the company has seen a steady uptick in its workforce and continues to add highly qualified individuals from the sales, engineering, computer information systems, operations, marketing and human resources fields. The majority of Veros employees are staffed at its headquarters in Santa Ana with additional satellite offices throughout the country.

About Veros Real Estate Solutions

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For additional information on Veros, visit http://www.veros.com or call (866) 458-3767.

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Veros Real Estate Solutions Hosts Inaugural RiskWire Summit

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Santa Ana, CA (PRWEB) May 31, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and property valuation services, is pleased to announced the inaugural 2011 RiskWire Summit. A one-day forum focused on creating high-energy dialogue among mortgage and real estate industry professionals, the Summit provides a unique opportunity for lenders to interact directly with the creators of the industry-changing regulations taking place this year.

On-Demand Real-Time Calculation of Basel Capital Requirements with Thetica Solutions

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New York, New York (PRWEB) December 19, 2011

Thetica Solutions, a sister company to Thetica Systems, now provides consultation on Basel capital requirements for the banking industry and investment firms.

“Thetica Solutions enables clients to automatically calculate regulatory capital requirements. They can calculate whether a securitization’s minimum rating exposure is one from an originating bank or an investing bank, with access to real-time analytics. The resulting information can minimize their put-aside requirements, with automatic calculations on rating exposure, re-securitization, granularity and seniority,” states Jack Broad, company Founder/President and long-time structured finance market consultant.

“Our Thetica ABS Analytics and Structured Products Database enable users to rapidly integrate the data necessary to analyze regulatory capital requirements in minutes instead of months,” said Thetica Systems CEO Ariel Yankilevich. “We are proud to help enable market participants to perform vital analysis of their Basel regulatory capital requirements.”

Three companies now operate under the Thetica brand; in addition to Thetica Solutions, Thetica Systems provides sophisticated analytics solutions to the structured finance market and Thetica provides on-site consulting services to Wall Street for customized data solutions.

Thetica – from the Greek letter “theta” which means Thought, Life Force and Reason and the word “etica” which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the company names.

About Thetica Solutions: With state-of-the-art proprietary software, Thetica ABS Analytics, and over 25 years of experience on Wall Street, Thetica Solutions offers expertise in Regulatory Capital and Litigation Support. Those interested should contact 727-804-2660 for a phone consultation or visit http://www.TheticaSolutions.com.

About Thetica Systems: As Wall Street securitization pioneers, Thetica Systems understands the needs of ABS market participants. Its clients include investment banks, hedge funds, capital management, brokers, dealers, and others that invest in or monitor structured finance securities, with users from traders and trading desks, research and product controllers to risk managers, regulatory reporting and IT. Those interested in scheduling a live demonstration should contact 727-724-4182 or visit http://www.TheticaSystems.com for more information.

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Thetica Solutions SSFA Analysis Reduces Bank’s Basel Reg Cap Requirements by $ Hundreds of Millions

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(PRWEB) December 30, 2011

As specialists in providing consultation and technology in structured finance, Thetica Solutions offers ground-breaking assessments to investment banks regarding on-demand, real-time calculations of the Basel-directed Regulatory Capital requirements. A summary of the necessary elements for accurate Reg Cap set-asides is now available as a White Paper at http://www.theticasolutions.com on the Regulatory Capital page.

Along with their case study, also available on their website, Thetica Solutions is “ahead of the curve” regarding efficient and accurate analyses of a bank’s positions, with as current an assessment as the previous night’s valuations. With their sister company’s analytics software Thetica ABS Analytics, Thetica Solutions can price any number of bonds, accessing virtually all available deal and loan level data, and determine Reg Cap key attributes that affect set aside requirements.

Jack Broad, Founder and President, has incorporated his 25+ years on Wall Street into this timely service, having worked at Bear Stearns, Barclay’s and Citicorp, as well as consulted to a number of organizations in the securitization industry. His programming experience and overall investment business savvy combine into an ideal foundation for Regulatory Capital analysis. Along with his senior advisors, who have decades of risk management and structured products consulting experience, Jack offers the potential of saving nine to ten figures of Regulatory Capital savings.

Thetica – from the Greek letter “theta” which means Thought, Life Force and Reason and the word “etica” which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the company’s name.

About Thetica Solutions: With state-of-the-art proprietary software, Thetica ABS Analytics, and over 25 years of experience on Wall Street, Thetica Solutions offers expertise in Regulatory Capital and Litigation Support. Those interested should contact 727-804-2660 for information and initial consultation or visit http://www.TheticaSolutions.com.

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