Rocktop and LiquidFi Announce Milestone in Quest to Bring Strong Form Efficiency to the Fixed-Income and Mortgage Markets
11 July 2024 - 10:57PM
Business Wire
Firms Harness Digital Ledger Technology to Make
Validated, Transparent and Immutable Data Accessible to
Institutional Investors
Rocktop, a leading Solutions-as-a-Service company empowering
institutional investors, asset managers and other holders of risk
in the fixed-income and mortgage markets to improve yields, and
LiquidFi, a leading asset tokenization platform for the same
sectors, today announced a new milestone in their partnership,
which they cemented earlier this year.
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The firms are collaborating to fulfill a vision of fixed-income
markets that operate as a transparent and seamless exchange where
assets are priced accurately, transactions are effortless, and
investors can access fractional shares easily.
Rocktop’s unique legal and capital markets perspective and
technology-enabled focus on data reliability combined with
LiquidFi’s forward-thinking approach to transparency and
immutability creates a powerful partnership in managing fixed
income assets. Rocktop has put over $60 billion in unpaid principal
balance (UPB) on its data management platform, which incorporates
Generative AI applications for data mapping and content
summarization, and LiquidFi has created digital assets using their
patented technology on over $7.7B in UPB.
“Rocktop’s goal is ambitious: To propel the fixed-income
industry toward strong form efficiency, ensuring that every asset
is a known quantity by identifying, quantifying, and managing
risks, therefore optimizing its value. Our partnership with
LiquidFi will advance that value proposition for all fixed-income
investors—whether they’re adding performing and non-performing
residential mortgage loan portfolios, Residential Transition Loans
(RTL), private student loans, or unsecured debt portfolios,” said
Brett Benson, Co-President and Chief Investment Officer,
Rocktop.
“We value Rocktop’s shared commitment to transparency,
efficiency and technological innovation. With Rocktop’s deep
understanding of capital markets and loan-level management
expertise, our technology will further enhance client returns
through efficiency,” said Ian Ferreira, Founder and CEO,
LiquidFi.
LiquidFi’s ability to provide immediate data validation by using
blockchain as the enabling technology offers an advantage to
Rocktop’s institutional investor and asset management clients in
the current volatile market. Their solution also decreases trading
timelines, and provides streamlined diligence and instantaneous
settlement. This gives investors visibility into portfolio
performance and cash flow and lowers costs.
Founded in 2015, Rocktop is dedicated to solving two challenges
that will unlock the ability to achieve best execution in the
fixed-income and mortgage markets:
- Ensuring the accuracy and completeness of data underlying every
asset: LiquidFi is adding further strength to Rocktop’s loan-level
data collection, analysis, validation, and defect resolution
capabilities.
- Operational errors and inefficiencies driving up costs and
risks, leading to unnecessary “yield leakage”: LiquidFi’s
programmable assets dovetail into Rocktop’s solutions that use
machine learning, Generative AI, and automation technologies to
preserve value integrity throughout the life of every asset.
More information about Rocktop and LiquidFi is available at
rocktoptech.com and liquidfi.io.
About Rocktop Technologies
Rocktop Technologies is pioneering Solutions-as-a-Service in the
fixed-income market, committed to enhancing returns for all
stakeholders. Their innovative solutions strive to propel the
industry towards strong form efficiency, ensuring every asset is a
known quantity, enhancing liquidity, portability, and value. By
harnessing data science, Practical AI, and digital ledger
technology, they drive this mission forward, eliminating
inefficiencies and errors that lead to yield leakage. Their
solutions, empowered by comprehensive data management and process
automation, streamline risk identification, quantification, and
management. Explore more at rocktoptech.com.
About LiquidFi
LiquidFi is an industry leading asset tokenization platform
focused on preserving the integrity of data, documentation, and
asset-level information over the entire asset lifecycle. Using
distributed ledger technology and smart contracts, digital assets
on the LiquidFi platform have built-in data elements and functional
capabilities reducing timelines and creating operational
efficiencies for ecosystem participants. To learn more, visit
www.liquidfi.io.
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