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Financial and Forecasting Models
CompuGain has assisted in implementing forecasting methodologies for several of its Fortune 500 clients. Forecasting efforts have become an integral part of business decision making in a changing economic environment and CompuGain has developed a sound and concrete approach that is best in class. Some of the items successfully implemented include (and are not limited to):
Lender SWAP volumes
Risk based premiums (credit fees) and other cash items charged upon issuance of new business
Valuation forecasting based on key economic drivers - including abilities to forecast different economic scenarios
Day 2 amortization projections based on model driven factors, with shock analysis
Financial Analytics and Credit Risk reporting
CompuGain has designed and implemented several valuable Analytics packages to assist in monitoring and communication business results, with a goal of making business decision making easier and well informed – CompuGain’s approach has proven "value add" and has received feedback from our clients senior management to have provided significant clarity in complex business and operating models. Our approach includes:
Clearly identifying relevant reportable business transaction with key drivers and build reporting process around these items
Generating concise and comprehendible reporting that allows for valuable business discussion and identifies risk matrices that influence the business results
Take a pure analytical view using external drivers to validate results in a meaningful manner
Leave client with well documented and repeatable process
REO Management
CompuGain has always been in touch with its clients changing business environment and as such has become more involved in initiatives surrounding the recent downturn in the housing market. REO management has become a key focus at all our financial clients and CompuGain has been able to assist cross functionally. Some of the areas we have assisted with include:
Identifying key loan attributes early in the process and being able to sort out potentially troubled collateral
Valuation generation for both accounting and operational processes relating to MBS 4 plus populations
Review and improvement of related accounting processes including SOP-03, TDR, loan loss provision and asset impairment
Targeted efforts in the local regions where loss mitigation strategies are proving to yield most effective resultsEnd-to-end enablement of eMortgage for a Fortune 500 Information Management Services Company
Built a versatile Settlement Services Exchange
Implemented eClosing, eSignature and eVault offering
Implemented a Vendor Services Exchange