Equifax Unveils ABS Analysis Tool

By Staff Writer March 05, 2018

Equifax Inc. has introduced Analytic Dataset, a new analytic tool that provides borrower-level data in an anonymous and non-aggregated format.
The dataset provides key information for researchers and modelers such as credit risk scores, geography, debt balances and delinquency status at the loan level for all types of consumer loan obligations and asset classes.

With this new solution, investors and other market participants have the ability to better model delinquency, default, loss severity and prepayment, as well as the ability to more accurately value securities and understand broader consumer credit trends. Asset-backed securities investors, issuers, traders, and ratings agencies researchers can use the tool to analyze and model consumer payment performance across a variety of asset classes such as auto.

Also, better modeling may give investors better predictive power to price risk and thus finance consumer debt at the best possible rates.
Analytic Dataset is created from a 10 percent statistical sample of the U.S. credit population across all geographic boundaries, with historic data starting in 2005. It provides insights into the credit health and payment performance of U.S. consumers over time and across various economic cycles.  

Last modified on Tuesday, 06 March 2018 14:17

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