Investors in European ABS and MBS have another evaluated pricing service to add to the array of new products on offer following Standard & Poor’s recent launch of its Securities Valuation Service. The new product is the result of a tie-up with ABSxchange, an ABS portal developed by ex-S&P European head Kurt Sampson and US-based software firm Imake Consulting. ABSxchange taps into the S&P European database to provide advanced analytics and modelling. S&P’s valuation service currently prices more than 2,300 deals in Europe and 1.1 million tranches in the US across the capital structure from triple-A to sub-investment grade. Evaluated pricing is also on offer for US securitized debt via FT Interactive....
