
Absolute transparency	High degree of versatility	Exceptional precision
The recent crisis was greatly magnified by a lack of transparency, which continues to be a global issue. SCDM has always been committed to providing absolute transparency through all of its products. We are relentless in our commitment to breaking down data to their core elements and adding complementary sources where useful.	Too much time is spent on finding and correctly formatting data. With SCDM, systems are built around your organization's unique needs. Our products are fully customizable so that clients get what they want in the format they want it. We are far more than a data provider: our systems integrate various processes to create a comprehensive solution.	Reality is far more complex than standard market models suggest. SCDM gives you access to highly accurate models with unparalleled simulation speeds. Calculations are distributed to a high performance cloud that empowers users to perform advanced stress test scenarios and Monte Carlo simulations.

With a history reaching back to 2003, the firm now has a team of about 65 professionals who thrive on providing high-quality solutions our clients rely on.

We serve numerous clients involved in structured products, such as banks, asset managers, insurance companies, accounting firms, risk management advisory firms and news providers.

ABSGate® centralizes business relevant information to a single point, where it can be accessed and used fast. ABSGate® further integrates many of the processes done by asset managers and investors directly into the platform. Here are some examples.

Deal Master Data
Performance Data
Collateral Data
Internal and External Communication
Risk Summary
Overlap Analysis
Delta Analysis

Deal Master Data

Act on relevant information
With ABSGate® every type of structured deal can be stored with its relevant information. In addition you can add as many fields you want to link SCDM to other internal systems.
Stay up-to-date
SCDM updates factors, WALs and any other part of the master data that is changing.
Integrate with private data
With ABSGate® you can easily integrate private data such as market prices.

Performance Data

React faster
SCDM processes reports on average within 24 hours after they have been published.
Monitor what matters to you
With ABSGate® you can easily define what needs to be tracked. This can be changed effortlessly anytime.
Benchmark and compare even different formats
SCDM can also extract implicit information from the trustee report and thus really make values comparable.

Collateral Data

Understand your true exposure
SCDM matches reported names to each other and also stores relationships.
Learn about problems well before they occur
Identify your portfolios' riskiest names using features like overlap analysis or delta analysis and track news about them.
Add value through integration of other data
ABSGate® can integrate any other source of information such as Markit prices and effectively match them.

Communication

Collaborate efficiently
ABSGate® can store any kind of internal and external communication and distribute it to anybody in order to foster institutional memory and mitigate the impact of staff turnover.
Make better informed decisions
With ABSGate® you have every piece of information ready and available fast.
Risk reporting on-the-fly
ABSGate® makes the often burdensome task of risk reporting as well as answering investor queries quick and easy.

Risk Summary

Avoid information overflow to make better decisions
With ABSGate® you can filter what really matters to you by creating your own views with as much information as you need.
React earlier using your own triggers
With ABSGate® you define your own triggers and thus create your own early warning system.
React swiftly and decisively
ABSGate® pushes information such as a trigger breach directly to your email account enabling you to be pro-active with regards to performance changes in your portfolio.

Overlap Analysis

Control your true diversification
With ABSGate® you can instantly calculate your true diversification.
Dig deeper to add value
With ABSGate® you can calculate overlaps with any field as a basis such as countries, industries or even market price intervals.

Delta Analysis

Understand your risk better through weighted overlaps
With ABSGate® you can weight your overlaps depending on their seniority in the capital structure.
Incorporate your measurement of risk
Use your own expectations of future cash-flows for the risk adjustment. Starting from WARF to market value - you can literally use anything to adjust the weighting.

SCDM has its own cash-flow modeling tool - Cascade® - which is fully integrated into the business intelligence platform - ABSGate®. With Cascade® future cash-flows can be modeled in scenario runs and prices derived with Monte Carlo simulations. Together they are the most advanced analytical platform for the structured credit market. Here are some of the features.

Waterfall Modeling
Assumptions
Single Deal Analysis
Portfolio Analysis

Waterfall Modeling

Built by investors for investors
Cascade® was developed in collaboration with several large-scale investors in structured credit and thus supports any kind of structure out of the box.
Open architecture
Cascade® has a built-in token language that allows for any addition for future changes in the market.

Assumptions

Make assumptions on anything in full detail
With Cascade® you can make assumption even on single assets which also allows for connecting cash-flow forecast simulations with other models such as macro-economic forecast models.
Fast runs with pre-set assumptions
Cascade® supports any pre-set assumptions you will find in other systems for faster runs.

Single Deal Analysis

What are you looking for? Cascade® has the answer
Cascade® supports scenario and stress test runs as well as solving for any kind of input.
Any run within seconds
The Cascade® engine was developed using the latest technology and provides the highest performance for fast results.
Full transparency
Cascade® output has several views such as the waterfall view that shows where each dollar went, thus providing full transparency.

Portfolio Analysis

Real portfolio analysis
Run any kind of scenario analysis on a portfolio of tranches either using detailed assumptions or general assumptions on all tranches.
Distribute for even faster results
Cascade® engine is fully grid compatible allowing for the distribution of calculations to as many computers as you choose. In fact, the web-based version of Cascade® automatically distributes calculations to several servers enabling 1000 runs within 5 minutes.

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