Transparent, independent and justifiable valuations across whole assets classes of structured credit.
Valuations are available through the web portal, which details in-depth metrics around the price, including cash flow assumptions, confidence, history and direct observations.
Evaluated Pricing Platform
We leverage machine learning to calculate market values of thousands of structured credit securities across 32 asset classes every day.
With the platform, you can view your entire portfolio on the web with full access to the metrics that have contributed to your valuations.
For illiquid assets with no direct observations, we provide in-depth metrics as to how the evaluated price has been constructed.
The methodology we use is to satisfy fair value requirements under IFRS 13 and aid prudent valuation work under the IFRS 9 requirement. The AIFMD regulatory environment to adopt independent valuations means asset managers can benefit from our expertise in structured credit.
Pricing entire asset classes every day, including illiquid securities.
Comparable assets are key when determining the valuation of an illiquid security.
In order to define what a comparable asset is, we use machine learning to find which credit fundamentals of each asset class contribute to the perceived market risk.
Valuations delivered in the best way for you.
In addition to the transparent details available on the web portal, we tailor our delivery to integrate with your in-house systems.
Innovative methodology for Prudent Valuation
PSL have developed a methodology for prudent valuation across structured credit asset classes.
The aim is to calibrate prudent valuations that represent a 90th percentile confidence interval on the range of plausible market valuations for each security.
The methodology comprises two separate approaches, contingent on the extent of available market data with a view to satisfy market price uncertainty and ultimately Capital Regulation Requirements.
Direct Approach, which is employed for securities that have direct observations from multiple sources.
Indirect Approach, which is employed for securities that have little to no direct market colour.