More than ever public finance issuers need to do more with less and that includes taking greater control of their capital markets decisions by using better information.   SmartModels benefits include:

           Proposal Evaluation: plans of finance and capital market products are viewed in the context of your existing capital structure.  Any new financing strategy, unless viewed against the backdrop of existing exposure, is meaningless

           Market Risk Management: Measure and calculate budgetary risks due to cash flow (CFaR, debt service volatility) and mark to market (VaR, CVaR) uncertainty.  Rating agencies consider this type of analysis a best practice and rightly so; without it the flaw of averages can wreak havoc

           Independent Idea Generation: Determine what capital market ideas work for you, independent of banker pitches

           Best Practice Policy Framework: Issuer constituents from management and governing boards to investors and rating agencies want to understand a clear framework the issuer is using to make capital market decisions.  SmartModels™ provide that framework. 

SmartModels Analytics applicable to state and municipal issuers include: 

Stage I -  Map your entire debt profile including debt service schedules, refunding genealogies and powerful charts in seconds with Bloomberg^TM link

Stage II - Analyze risk and hedging for two structures: investment to bonds, swap to bonds, or swap to investments

Stage III - Worried about interest rate risk? Quantify, manage, and determine your optimal position given forecast and its uncertainty

Capital - Doing a new borrowing and selecting from multiple strategies? Let Capital visually and interactively show you the seamless integration of debt sizing and cash flow risk management

Calibrator - Market risk modeling new to you? Calibrator helps you understand the nuances using historic data, forecasts, or market implied distributions; delivered intuitively and without the usual mind-numbing headache.

Structure - Comprehensively determine your optimum financing and re-financing strategy interactively using Structure.  Automatically select refunded bonds based upon your specific objectives and constraints.

Refund - Screening refunding candidates is a fundamental part of public finance analysis. See how Refund's state-of-the-art optimization algorithms can maximize your overall savings given limited capacity for up to three different markets

Escrow - Use Bloomberg^TM Link to grab the universe of securities you define and get the cheapest escrow cost possible for up to twenty escrows simultaneously.

 

Curves - Need to understand the dynamics of your swap mark-to-market exposure?  SmartModels Curves is all you need.