Module lets users oversee predictive models that forecast a loan’s performance
Mortgage data and analytics provider RiskSpan has released a module that manages and predicts loan performance on the company’s Edge Platform.
RiskSpan’s newly-released whole loan analytics module allows whole loan investors, portfolio managers, and risk managers to oversee loan-level data flows and predictive models that project the performance of a loan under various scenarios.
A new off-the-shelf version of the platform supports whole loan pricing and surveillance – enabling complex forecasting analytics such as house price and economic event scenarios.
“The Edge Platform uses machine learning to normalize and standardize data from disparate data file input formats," RiskSpan wrote in its announcement. “With this technology, users may easily benchmark portfolio performance against a combination of datasets. Better data inputs also dramatically improve the accuracy of downstream analytics."
