 
CDO Software Integrates Moody’s Ratings Delivery Service, CDOROM & CDOROM Data FeedLondon, 20 November 2007CDO Software, the specialist provider of synthetic CDO management tools is pleased to announce that it has fully integrated the Moody’s RDS ratings feed, CDOROM™ model and CDOROM™ Data Feed within the firm’s CDO Tools™ suite. “Managers and Investors can now seamlessly run the CDOROM™ model within our management tools at a click of a button for prospective deals, substitutions to existing deals and running scenario analysis. Investors can independently monitor deals without being dependent on month-end reports, greater transparency and control is crucial in today’s market,” says Sunay Shah CEO of CDO Software. Ratings are being sourced directly from Moody’s so that clients know that they are using reliable and consistent data to make decisions. Results are made available much quicker in CDO Director™ than running the CDOROM™ model externally; users really see the efficiency of having one environment to manage deals. Clients can benefit from an integrated management platform that takes ratings and market prices automatically via CDO Scheduler™. First thing in the morning or intraday within a few clicks clients can see compliance tests, agency metrics, risks, P&L and exposure to individual deals and across portfolios. Sunay Shah explains “Timing is everything, if processes are slow and not being managed effectively, this can prove incredibly costly for both managers and investors especially during volatile conditions.” Moody’s and CDO Software are working together to deliver solutions needed by market participants. Head of Moody's International Markets Strategy, Mario Aquino states, “This is yet another step to integrate Moody’s expertise and data into third-party’s Structured Finance platforms to provide even greater value to clients and fuller solutions to their needs. This initiative builds on Moody’s continued efforts to drive up market transparency and knowledge.” About CDO SoftwareCDO Software provides cutting-edge management tools for participants in the structured credit products and credit derivatives market. The CDO Tools™ suite of products enables investors and issuers to efficiently manage CDO products, including static and managed pools, CDO2, other basket based products and single name credit default swaps. An invaluable tool, CDO Director™ covers the three stages of CDO management: data & trade capture, monitoring & analytics, and reporting. CDO Software delivers leading technology with open architecture that interfaces with live data sources and analytics software (third-party or in-house), whilst handling all the booking, processing and reporting of tranche and underlying portfolio data. Changes to any portfolio are automatically logged and an audit trail is generated, helping to mitigate operational risks. This allows the use of consistent data firm-wide, vital for companies to mark-to-market their investments and help to achieve Basel II compliance. CDO Software’s management team has a wealth of experience in financial markets and specialises in credit derivatives, with a proven track record of delivering systems to major financial institutions. www.cdosoftware.com. UK Office: US Office: About Moody’s Investors ServiceMoody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody’s commitment and expertise contributes to stable, transparent and integrated financial markets, protecting the integrity of credit. The firm's ratings and analysis track debt covering more than 100 sovereign nations, 12,000 corporate issuers, 29,000 public finance issuers, and 96,000 structured finance obligations. Moody's also publishes credit opinions, research and commentary, serving more than 9,300 customer accounts at some 2,400 institutions around the globe. Moody's Investors Service is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $2.0 billion in 2006, employs approximately 3,400 people worldwide and maintains a presence in 27 countries. Ratings Delivery Service (RDS) is a suite of products that enable Moody's clients to obtain and maintain timely, accurate and comprehensive reporting of ratings via an electronic feed that facilitates use across internal and external products and services. Moody's CDOROM™ is a model used by Moody's analysts to rate synthetic CDOs and CDOs of CDOs. In order to run the model, you need to input the collateral portfolio with some collateral characteristics like amount, industry, ratings and country. Moody’s CDOROM™ Data Feed is a daily stream of Moody's ratings and Market-Implied Ratings (MIR™) on the underlying corporate collateral of synthetic CDOs which seamlessly populates the model. Additional information about the company is available at www.moodys.com. Moody’s Structured Finance Products |
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