© 2026 Arizent. All rights reserved.

Derivative Fitch Comes Out With New Version of RAP CD

Published 1 Min Read

Derivative Fitch upgraded its Risk Analytics Platform for Credit Derivatives (RAP CD). In this new version, the rating agency features new models for synthetic CDO products, including multiple maturity CDO; long/short CDO; variable subordination CDO and zero coupon CDO. The release also included grid and batch processing and “what if” hypothetical trade risk analysis. .

The evolution is fundamental to the product’s continued success, said Simon Greaves, managing director for Derivative Fitch.Its development will continue through the third quarter, said Fitch Managing Director James Wood, with the addition of models for synthetic CPPI, CPDO, combo notes and forward starting CDOs.  

For reprint and licensing requests for this article, click here.

More From Asset Securitization Report

What is the New Triple-A?

As the credit rating agencies (CRAs) begin to rebuild their brand, market experts are questioning whether the changes these firms are implementing are tackling the key problems that have caused rating inaccuracies. The failure of the CRAs and of the ratings they assigned has been blamed for the difficulties plaguing the economy today. This failure […]

Fitch Introduces New Loss Analysis for Monitoring SF CDOs

Fitch Ratings presents its asset-level projected loss analysis (PLA) to quantify loss expectations on structured finance (SF) CDOs. In a release, the rating agency said that this new analysis builds off its RMBS mortgage loss assumptions to estimate the impact to SF CDOs. The rating agency’s PLA analysis complements its criteria used for the review […]

New CDOs Will See Diversification

The Information Management Network‘s 12th annual U.S. CDOs, Credit Derivatives and Structured Credit Products conference in New York opened last Tuesday with panelists speaking bluntly about current CDO market conditions. They also made forecasts about future deal structures. “Let me summarize [the CDO market] for you: It sucks,” said panelist Anatoly Burman, senior managing director […]

ASF 08: Reflecting on the Past, Coming to Terms with New Reality

At the American Securitization Forum’s (ASF) conference held in Las Vegas last week, many of the industry panels looked back at 2007 and reflected on how the market got to the state it’s at right now. Participants also looked ahead to this year, realistic about the market’s growth prospects, yet reiterating their faith in the […]

Whispers: October 22, 2007

Laura Schwartz, senior managing director of ACA Capital and chief operating officer of ACA Management, responsible for the company’s CDO asset management platform, has left the firm, according to market sources. Calls to Schwartz were not immediately returned, but her biography was taken down from the company’s Web site. A spokesman for the company could […]