RiskSpan combines a cloud-native data and predictive modeling analytical platform (the Edge Platform) with a team of mortgage industry consulting professionals to deliver a comprehensive ‘tech + talent’ solution for mortgage loan, MBS and MSR investors, traders, portfolio and asset managers, research analysts and secondary marketing professionals. The Edge Platform ingests, cleans, validates and manages loan-level mortgage data and econometric data from dozens of sources. It also runs the data through a suite of proprietary and off-the-shelf predictive models and applies user-defined scenario analyses to generate customized portfolio analysis reports.
- Saw an 18% net increase in the number of Edge Platform subscribers in 2021.
- One new client experienced a 40% decrease in its contract IT labor alone in addition to the subscription savings associated with being able to eliminate $30,000 in Bloomberg data licenses, $137,000 in hardware and servers and just under $1 million in total annual subscription fees to three different analytical/modeling providers.
- Loan originators and servicers using the Agency MBS module routinely experience ROIs ranging from 10x