MIAC obtains exclusive license to DecisionServ™ from Fiserv
New Product Compliments MIAC Analytics™ Product Line
May 5th, 2008.
New
York, NY – MIAC Principal, Robert N. Husted, today announced that MIAC
has obtained an exclusive license to distribute and support the DecisionServ™
product from IPS-Sendero, a business unit of Fiserv, Inc.. Mr. Husted
commented, “We are extremely pleased to have the opportunity to serve
all the current DecisionServ clients and to be able to offer them the
full compliment of MIAC’s software, MSR valuation and risk management
solutions. The DecisionServ product has a market leading position and
a loyal following among its users. With MIAC’s software development
and software support resources, we believe the current DecisionServ
clients will benefit not only from the future enhancements to the
DecisionServ product but also from the full range of MIAC Analytics
software products and outsourced solutions. MIAC Analytics is the
software solution of choice for the largest mortgage companies and MIAC
is the mortgage industry leading third-party MSR Valuation firm. With
MIAC’s expertise in MSR valuation and risk management, we believe MIAC
can offer these DecisionServ clients turnkey and comprehensive MSR
solutions.”
With its headquarters in the Wall Street area, MIAC, a registered SEC Investment Advisor, has been the preferred destination for sophisticated mortgage participants since 1989.
MIAC Analytics™
is the most analytically advanced and market accepted mortgage pricing
and risk management software system commercially available today. From
loan origination to balance sheet risk management to pricing illiquid
subordinate CMOs, MIAC Analytics is an integrated and comprehensive
analytical solution for mortgage originators, mortgage servicing
owners, and MBS portfolio managers. No other analytical software
provides the SOX compliance, integrated risk management and
comprehensive GAAP accounting solutions that MIAC Analytics provides
today. MIAC Analytics fully supports accounting and
regulatory compliance including SFAS 140, SFAS 156, SFAS 157 and SEC
SAB 109.
Nine of the ten largest mortgage servicers in the nation license MIAC Analytics today.
In January 2008, one of the nation’s largest mortgage companies identified the successful implementation of MIAC’s ALM/VAST™
product as one of the most successful projects in the history of their
company. MIAC Analytics is a completely integrated mortgage banking
company risk management system with the most advanced term structure
models, prepayment models, and mortgage spread models with user
controlled risk management processes.
In 2008, MIAC’s Secondary Solutions software suite of DataRaptor®, MarketShield™, WinOAS™, and ALM/VAST™
was increasingly the chosen secondary risk management solution for
Prime and Non-Prime originators responding the opportunities in the
constantly evolving mortgage market.
MIAC’s Daily GSA™ Pricing Service enables subscribers to download the daily benchmark MSR pricing.
Mr. Husted surmised, “We welcome our new DecisionServ clients and know
they will find that MIAC is a firm dedicated to ongoing challenges and
opportunities in the mortgage industry.”
For further information on MIAC, please visit www.MIACAnalytics.com.
www.MIACAnalytics.com
80 Maiden Lane
14th Floor, Suite 1401
New York, NY 10038
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