1010data In New Collaboration with Experian Enhanced Consumer Credit Data Sets Broaden 1010data’s Extensive Offerings in Fixed Income Space, Continuing Path of Innovation
New York, NY
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February 24, 2023 09:00 AM Eastern Standard Time
NEW YORK, NY — 1010data, a leading provider of fixed income data and analytics solutions, and Experian®, the world’s leading global information services company, are working together to offer the structured finance community access to a comprehensive anonymized consumer credit data set for fixed income and investment analytics through the 1010data Insights Platform, to better manage risk and drive stronger results.
Complementing 1010data’s extensive base of Mortgage-Backed Security (MBS) and Asset-Backed Security (ABS) datasets, the relationship with Experian will add a robust, new dataset, incorporating market-leading Experian consumer credit and loan status information across tradelines to enhance consumer loan segmentation and forecasting capabilities.
The addition of Experian’s high-quality dataset to 1010data's powerful analytics platform, an industry-leading solution in the fixed income sector, gives structured finance investors a major advantage in assessing risk and identifying new opportunities. Customers can now rely upon 1010data’s world-class platform to:
- Expand ABS data coverage to include auto, student, credit card, manufactured housing, motorcycle and other esoteric loans
- Measure and monitor individual asset class performance over time (including conditional prepayment risk, conditional default risk, loss severity, and liquidation timelines) to gain advantage when risk and performance changes take place
- Analyze across tradelines to understand debt holistically using over 20 years of persistent consumer loan history to better predict dynamic consumer debt behaviors
- Track Loan Modifications during repayment (including forbearance, rate and payment changes, deferrals, and extensions) to enhance modeling and analysis
- View borrower payment priorities to identify shifting behaviors to forecast the impact on mortgage performance
- Understand delinquency roll/cure rates to estimate timelines to disposition and reperforming status for credit and prepayment models
“This offering further demonstrates our deep commitment both to the fixed income markets and to our relentless drive to innovate. We are delighted to work with Experian, and set the mark as being the only firm in the industry to provide such a comprehensive solution,” commented Jonah Ellin, Chief Product Officer of 1010data. “Building on our leadership in this space, our deeper relationship with Experian ensures that our customers have access to the best data and analytics solutions available. We are excited to broaden our offering as a one-stop shop for data and analytics, complementing and enhancing our Fixed Income solution.”
1010data customers will now have access to the largest analysis-ready consumer credit data solution for the fixed income market, which can stand alone or be augmented by existing loan level data for mortgage and auto, home prices and consumer credit with the Experian data set. 1010data’s enterprise analytics capabilities activate organizations to derive results immediately with a turnkey solution that requires minimal IT support and rapidly enables users to engage with critical data.
1010data provides decision science and data management solutions that empower companies to identify the insights needed to make timely and accurate business decisions. For over 20 years, we’ve provided industry-leading solutions for mortgage and asset-backed loans, as well as consumer and property-level analytics. Experience how you can "see what you need” by spotting signals amidst a vast array of market data in the fastest manner possible. To learn more, visit www.1010data.com.
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Meir Kahtan
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