There are a number of new loan packages available on Edge Tradeworks that include opportunities for participation and purchase. See details below on some of the current inventory including: Equipment Finance Loans to midsize businesses with 36-60 month terms ($3.9mm)...
Often, large financial institutions invest heavily in data and big teams of analysts to create reports that inform important business decisions. Smaller banks and credit unions don't typically have that luxury and make do with cookie-cutter reports that tell a narrow...
When calculating CECL, Edge utilizes the regularly updated Moody’s Expected Consumer Credit Loss (ECCL) data file, which provides five-dimension (economic scenario, loan type, vintage, state, and FICO) prepayment and credit loss assumptions through econometric models...
Edge Tradeworks uses an Option-Adjusted Spread (OAS) discounted cash flow approach to calculate loan prices. The OAS approach is superior to traditional approaches that use yield or static spread (Z-spread). Traditional pricing approaches only use one interest rate...
The impact of more detailed CECL calculations. Edge completed a CECL calculation on a particular $25mm portion of a bank's CRE portfolio using our analytics platform to compare their CECL calculation to the Edge calculation. We incorporated detailed, loan-level...
Edge Tradeworks has re-engineered the whole loan trading process to leverage data, analytics and an innovative platform to empower financials institutions to make fair, efficient and profitable transactions – without intermediaries. Unlike traditional...
LT&T (now Edge Tradeworks) has been named the finalist for Best Innovation in the Finsiders 2021 Awards. This award honors the company that has launched an innovative product or service in the FinTech space. Finsiders is a non-profit organization that comes...