NEW
YORK, May 14, 2024 /PRNewswire/ -- Andrew Davidson & Co.,
Inc. (AD&Co), a leading provider of mortgage analytics and
data, today announced the acquisition of the mortgage modeling
capabilities of Infima Technologies, Inc. (Infima), a pioneer
of AI systems for fixed-income market participants. This
acquisition provides AD&Co with Infima's cutting-edge,
deep-learning technologies.
Infima, a venture-backed Stanford
University spin-off founded in 2020, has developed
large-scale deep learning systems that analyze the behavior of tens
of millions of borrowers at the most granular level. These systems
harness billions of data points spanning multiple economic cycles
and deliver forecasts of borrower, security, and market behavior
across a wide range of market environments.
"This transaction represents the culmination of years of
dedicated research and development at the intersection of finance
and AI," said Kay Giesecke, Founder
and Chairman of Infima. "We are confident that through AD&Co.,
Infima's technologies will reach their full potential, helping to
transform how financial institutions navigate the complexities of
the mortgage market."
"We are excited to incorporate the advances in mortgage modeling
developed by Infima into our research and analytics." said
Andrew Davidson, President of
AD&Co. "Infima's innovative systems harness advances in
artificial intelligence to improve mortgage modeling. This
acquisition demonstrates our commitment to maintaining leadership
in mortgage analytics. In utilizing AI technology, we remain
mindful of clients' needs for model explainability, robust
sensitivity analysis, and rigorous model validation. Therefore,
AI-based capabilities will initially be an add-on or separate
service."
About Andrew Davidson &
Co., Inc.
Andrew Davidson & Co., Inc.
develops and licenses prepayment and credit models, as well as risk
measurement tools used as benchmark analytics by top mortgage and
commercial banks, insurance companies, mortgage insurers,
reinsurers, credit unions, broker-dealers, and investment
management firms. Since its inception, the firm has provided
clients with high-quality models, applications, consulting
services, research, and thought leadership, all aimed at yielding
advanced, quantitative solutions for an array of financial and
investment management needs.
For more products and services information, visit
www.ad-co.com/models. For direct inquiries, contact
ashlea@ad-co.com.
About Infima Technologies, Inc.
Infima Technologies, Inc. is a venture-backed Stanford University spin-off providing unique deep
learning technologies that transform mortgage security analytics.
Its solutions offer actionable predictive insights into future
borrower, security, and market behavior, enabling investors,
dealers, and other market participants to make better decisions to
drive performance.
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SOURCE Andrew Davidson & Co.,
Inc. (AD&Co)