Market Rates from CSV Webinar Recording Now Available

Market rates lay at the core of all analysis and valuations within PolyPaths. They are used for calibrating our embedded options models, forecasting discount rates and floating interest, and feeding key inputs to behavioral models. PolyPaths offers many different solutions for generating or updating the market rates file, such as a direct, seamless integration with Bloomberg to source and construct a market rates snapshot. Clients can now watch the recording of this webinar here, where we provide guidance on how clients can seamlessly construct from scratch or update an existing market rates file from a CSV file specification. The slide deck, which contains a more comprehensive appendix featuring the structure for each supported section is available upon request by e-mailing us at support@polypaths.com.

Numerix Global User Conference - NEXT 2023

Registration for NEXT 2023 is now available. NEXT is our parent company’s (Numerix) annual user conference for sharing information, collaborating, and networking with our clients, partners and prospects. This year’s event will be a high-level look into the company’s growth and product strategy. Full details and registration are available here.

Pathways Issue No. 49

The October 2023 issue of Pathways is now available! For this month’s case study, Kedron Wolcott, walks through an example of High-Performance Scenario Calculations (HPSC) on a book of TBAs. His analysis utilizes our stochastic scenario generator in conjunction with PolyPaths’ Enterprise solution to arrive at a table of P&L values spread across interest rate scenarios derived from PolyPaths’ industry-leading LIBOR / SOFR Market Model, with deep dive analysis available for any path(s) of interest. To access the newsletter please click here.

If you would like to be added to the distribution list, please email pathways@polypaths.com.

PolyPaths ALM Reconciling OCI

For clients who missed our webinar on reconciling other comprehensive income (OCI) within our ALM product, can now watch the webinar here. Other comprehensive income (OCI) is one of the most complex aspects of managing a balance sheet. After recent client queries, this webinar explores how to reconcile OCI through an understanding of its components and how to use View Calculations to validate instrument-level fields. The webinar also provides a summary and trending developments in ALM’s implementation of ASC815 hedging.

Pathways Issue No. 48

The September 2023 issue of Pathways is now available! For this month’s case study, Aaron Leclair provides a detailed reference guide for developers who want to plug custom models into PolyPaths. In addition to our core analytics, clients can seamlessly overlay their own models into the system through a set of available APIs that include prepayment, delinquency, and loss models; deposit decay and coupon rate functions; custom cash flow waterfall engines; and programmatic override of PolyPaths fields either prior to or after calculations are run. To access the newsletter please click here.

If you would like to be added to the distribution list, please email pathways@polypaths.com.

Pathways Issue No. 47

The August 2023 issue of Pathways is now available! This month’s case study rises to the challenge of attributing period-over-period change in risk and return metrics to applicable market factors and their levels. In this month’s case study, Parmeet Singh extends this attribution exercise to PolyPaths’ income simulation tool, leveraging its rich reporting framework to gain a better understanding of the drivers of portfolio performance. To access the newsletter please click here.

If you would like to be added to the distribution list, please email pathways@polypaths.com.

PolyPaths Benchmark Pricing and Automation Webinar Recording Now Available

PolyPaths supports a large library of fields which can be used as pricing anchors in single security analysis and this flexibility is only compounded further through our Pricing Method functionality. Clients can now watch our webinar here to learn how to leverage not only the core features of PolyPaths’ Pricing Method functionality, but also take advantage of the latest enhancements we’ve implemented for SOFR support and seamless Pricing Method integration between AppPort, BatchCal, and Enterprise.

Pathways Issue No. 46

The July 2023 issue of Pathways is now available! In this month’s issue, Andy Lui provides an in-depth look at a new asset class added in PolyPaths version 7.13: TBA Futures. These futures provide a potential way to hedge mortgage exposure, and the case study reviews the market data, underlying indicatives, and pricing and risk features associated with them. To access the newsletter please click here.

If you would like to be added to the distribution list, please email pathways@polypaths.com.

Introduction to Mortgage Rate Locks Webinar Recording Now Available

By allowing a borrower to lock a known mortgage rate, mortgage rate locks serve as a powerful tool for potential borrowers to hedge from interest rate risk as a loan progresses through a mortgage pipeline from offering to closing. Clients can now watch our webinar mortgage rate locks here.