ARLINGTON, Va., July 18,
2024 /PRNewswire/ -- RiskSpan, a leading
technology provider of innovative risk management and data
analytics for securities, loans and private credit, today announced
the addition of Residential Transition Loans, to its award-winning
Edge Platform. This enhancement enables loan and private credit
investors to seamlessly upload, model, and analyze cash flow
projections for fix/flip, ground-up construction, bridge and other
loans with distinctive RTL features, further solidifying RiskSpan's
commitment to delivering comprehensive and versatile solutions to
the private credit market.
The integration of RTLs into the Edge Platform offers investors
an unprecedented level of flexibility and precision in managing and
evaluating complex loan portfolios. The new capability permits
lenders to model several loan features characteristic of RTLs,
including:
- Draw Schedules on Undisbursed Loan
Amounts: Investors can now account for staggered
disbursement schedules, allowing for detailed modeling of cash
flows based on actual loan drawdown patterns.
- Extended Maturity Dates and Extension fees: The
Platform accommodates assumptions around extension of maturity
dates, ensuring investors and lenders can extend terms as necessary
and model the impact on cash flows.
- Interest-Only Contract Terms: The Platform supports
loans with interest-only payment structures, providing the ability
to model and project cash flows accurately.
- "Dutch" Loan Features: RiskSpan now supports loans
where interest is charged on both disbursed and undisbursed loan
amounts, offering a comprehensive view of interest accruals and
cash flow projections.
"By adding RTLs to the Platform, we are providing loan and
private credit investors with powerful tools to navigate the
complexities of these unique loan products," said Bernadette Kogler, CEO of RiskSpan. "This
enhancement aligns with our mission to equip our clients with the
most advanced and flexible solutions for managing and analyzing
their loan portfolios."
These new capabilities are designed to meet the evolving needs
specifically of loan and private credit investors, offering a
seamless integration process and user-friendly interface. This
latest addition underscores RiskSpan's dedication to continuous
innovation in this market.
For more information about RiskSpan's Edge Platform and the new
RTL functionality, please visit RiskSpan.com.
About RiskSpan
RiskSpan delivers a single analytics solution for structured
finance and private credit investors of any size to confidently
make faster, more precise trading and portfolio risk decisions and
meet reporting requirements with fewer resources, and less time
spent managing multiple vendors and internal solutions.
Learn more at www.riskspan.com.
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SOURCE RiskSpan, Inc.