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Official Blog

August 31st, 2010
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By Jack S. Broad

Securitization For The Rest Of Us!

Thetica Systems is happy to announce the fall release of our eBook: Securitization For The Rest of Us! Readers will discover the basic building blocks required to turn debts into income, and to utilize the power of numbers to create a flow of billions of dollars with the creation of bonds that profit the adventurous few with the capital to invest. Our eBook also examines the factors that directly resulted in the Wall Street losses at the end of this decade, from which our economy is still recovering. Enjoy this introduction…it starts us out on a journey that will have some hills to climb, but at its end, you will have a much wider viewpoint to understand our economy. This [...]

August 30th, 2010
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By Jack S. Broad

ProPublica, NPR and Thetica Systems

Listen to this short radio piece put together by ProPublica and aired on Morning Edition Friday, August 27th, an NPR radio Show. This relates to our previous blog entry about the work the we did with ProPublica recently.

August 27th, 2010
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By Jack S. Broad

Banks’ Self-Dealing Super-Charged Financial Crisis

ProPublica.org writers Jake Bernstein and Jesse Eisinger have written a great article on the role banks and investors played in the abuse of CDOs as investment instruments. Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history. (Read the whole article here) : http://www.propublica.org/article/banks-self-dealing-super-charged-financial-crisis

July 20th, 2010
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By Jack S. Broad

Data Commoditization in the Securitization Markets Part (7)

*Now for the final piece of our discussion on the RMBS data Industry with this section on Thetica Systems, LLC. THETICA SYSTEMS, LLC In conclusion, what should an RMBS information system provide.  At the very least: *It should provide the capability of handling any and all of the components described earlier. *It should enable a firm to easily scale upwards so as to grow with that firm’s needs *It should enable it to become more competitive in its field decreasing any possible information asymmetry that might exist between the firm and it’s competitors. *It should enable the ability to rapidly run large lists of bonds through a wide variety of economic scenarios and get the results almost immediately. *It should [...]

July 19th, 2010
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By Jack S. Broad

Data Commoditization in the Securitization Markets Part (6)

Here we have the 6th installment in our continuing discussion on the RMBS data industry with this section on “Bond Analytics”. 5.  Bond Analytics –The final component is an analytics system, that pulls the other pieces together and permits a user to be able to rapidly, and on-demand, run any and all bonds through the waterfall (bond payment rules)  using all of the vectors and scenarios that have been developed using component #4 (predictive model providers).   Furthermore, even if a particular solution has only included component #1 (deal information), then a thorough bond analytics solution should permit users to rapidly and easily define multiple scenarios and run these through an analytics program in order to create bond price/yield tables (and [...]