CRESSKILL, N.J., Jan. 26, 2021 /PRNewswire-PRWeb/ -- Thetica
Systems, an experienced provider of custom systems for structured
finance pricing and analytics, reports high levels of client
satisfaction during 2020. A recent survey showed 100% satisfaction
with how the company assisted its clients to deal with the market
effects of the COVID-19 pandemic. Clients made the heaviest use of
Thetica Systems tools for trading and pricing bonds and responding
to their own clients; they also gave high marks for financial value
and collaboration on specialized features and custom reporting.
Senior Developer Shai Kessel summarized, "Our clients had
unusual demands throughout last year for trading and pricing data
that was granular and specific to how they operate. Because we can
rapidly add new filters, views, and custom calculations, we quickly
automated and integrated whatever was needed to refine their
pricing assumptions and ad hoc reporting. This flexibility proved
its value repeatedly during a tremendously challenging time."
Thetica Systems enables full transparency into a variety of bond
portfolios, providing a true alternative to the usual choice of
either an inflexible shelf product or the pain of a new or legacy
in-house system. Clients select the platform and interface that fit
their needs to price, analyze, compare, and report on CLO, CMBS,
RMBS and ABS portfolios. An extensive library of intellectual
property enables rapid use of database modules, Excel interface,
and building blocks for each bond type. Components are
pre-integrated so clients rapidly gain access to their individually
customized system.
"Our tools enable clients to respond quickly and meaningfully to
shifts and stresses in the economy, the market, and their bond
portfolios. This versatility has always set us apart and we will be
enhancing it with new functionalities and options in 2021," said
CEO Ariel Yankilevich. "We let users
concentrate on their business strategy and we take care of the
rest."
The company has extensive experience providing structured
finance clients with custom systems that are independent of any
particular model or business approach. Clients include investment
banks, hedge funds, accounting firms, professional services
providers, asset management, brokers, dealers, and others that
invest in or monitor structured finance securities. Users range
from traders and trading desks, project managers, research and
product controllers to risk managers, regulatory reporting, and
IT.
About Thetica Systems
An experienced Intex partner, Thetica Systems solves the
buy-or-build dilemma for those who require a unique, customized,
and flexible system to price, compare, analyze, and report on
bonds. The company can implement any business logic, models, or
client-licensed data from any source for CMBS, CLO, RMBS/CRT, and
ABS portfolios. The word "Thetica" was created from the Greek
letter "theta," representing thought or reason, and "etica,"
representing ethics. Thought, reason and ethics are essential
elements of any successful business and commitment to this concept
is embedded in the company's name. For more information visit the
company website and LinkedIn page.
Media Contact
Grace Parrish, Thetica Systems,
201-399-7800, Sales@Thetica.com
Twitter
SOURCE Thetica Systems