Derivative Fitch improves CDO risk system

Derivative Fitch has updated its Risk Analytics Platform for Credit Derivatives (RAP CD). RAP CD version 1.2 features daily mark-to-market pricing and risk analysis, and supports the most complex collateralised debt obligation (CDO) structures through portfolio reporting. “We recognise that in today’s market investors sometimes have a basic model for vanilla synthetic CDOs,” says James Wood, co-head of RAP CD. “However, investors rarely have models for more exotic deal