Pacific Life Insurance has entered a subscription agreement with RiskSpan for the RiskSpan Velocity analytics system. The platform will enable Pacific’s subscribers to use RiskSpan’s loan-level credit and prepayment scenario models.
Velocity will empower Pacific Life with portfolio analysis and management capabilities for agency and non-agency RMBS securities, treasuries, corporates, swaps, swaptions and other OTC derivatives. RiskSpan is a provider of analytical software, pricing solutions and consulting services to the mortgage- and asset-backed securities and whole loan markets.
Click here for the release from PR Newswire.