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Strategic Analytics Joins Interthinx Business Unit

Jersey City, New Jersey-based ""Verisk Analytics, Inc."":"":http://www.verisk.com/, a provider of risk assessment solutions, recently acquired ""Strategic Analytics"":http://www.strategicanalytics.com/index.php, a Santa Fe, New Mexico-based provider of credit risk and capital management solutions to consumers and mortgage lenders.

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As a result of this acquisition, Strategic Analytics will be part of the ""Interthinx"":http://www.interthinx.com/ business unit, a subsidiary of Verisk Analytics and a provider of risk mitigation and regulatory compliance tools for the financial services industry. As a division of Interthinx, Strategic Analytics will provide customers advanced solutions and professional services critical to loss forecasting and the stability of the U.S. residential mortgage market.

""The Strategic Analytics solution and application set will allow our customers to take advantage of state-of-the-art loss forecasting, stress testing, and economic capital requirement tools to better understand and forecast the risk in their credit portfolios,"" said Kevin Coop, president of

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Interthinx. ""These tools are applicable and are currently deployed in all verticals of consumer lending, including automotive, credit card, and student loans, and mortgages.""

Through Strategic Analytics, Interthinx will offer various mortgage risk analytics products. The company's Mortgage Risk Model gives retail lender access to a comprehensive mortgage loan-level database, incorporating the vast majority of non-agency loans for the residential mortgage-backed securities market. In addition, Strategic Analytics provides forecasting technology to incorporate significant measures of origination quality, maturation effects, and environmental factors into analytics tests that traditional modeling technologies cannot effectively capture.

The acquisition will also give Interthinx' customers access to Strategic Analytics' Securities Forecasting Service for mortgage-backed securities and asset-backed securities, as well as accurate cash flow, conditional payment rate, conditional default rate, and loss severity projections for lenders and investors to price and trade mortgage assets with high efficiency.

""Strategic Analytics advanced modeling software uniquely transforms data from one of the largest repositories of loan-level mortgage data into usable business intelligence,"" said Joe Breeden, president of Strategic Analytics. ""We are excited to become part of the Verisk Analytics and Interthinx team. This affiliation will significantly boost our objective of providing mission-critical credit risk management solutions to our customers worldwide.""

About Author: Brittany Dunn

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