Technology & Analytics
Collectively, BlackBox employees have more than 50 years of experience in designing, building, and managing information technology solutions for the U.S. residential mortgage market.
BlackBox has developed and implemented a proprietary set of business processes that manage the monthly data aggregation, normalization, cleansing, and distribution of loan-level residential mortgage information that far exceed any processes in place by our competitors. The BlackBox Logic methodology is to capture raw data from a wide spectrum of providers on loans that back RMBS trusts. Then, BlackBox's proprietary algorithms are applied by running the raw data through a series of over 400 complex business rules that complete the transformation of the raw data into usable business information. BlackBox offers clients both the cleansed and raw views of the data.
To manage tight turnaround while ensuring high quality, BlackBox has developed a proprietary "loan walk-forward" process that puts attributes such as monthly interest rate changes, payment adjustments, delinquency numbers, and stated losses in context with each other, both within the current reporting period as well as from one activity period to the next. BlackBox uses this methodology to line up payment data, calculate current period losses, and identify detailed loan modifications not explicitly supplied by the data provider. No other data provider delivers many of these value-added attributes and therefore their clients are personally responsible for completing this work. BlackBox completes this work for you and delivers a database that is "analytic ready".
Although a large portion of BlackBox's monthly loading process is automated, BlackBox has found that over-automating processes removes the critical thinking component and therefore staffs each position with individuals who have the skill set to reconcile and analyze data beyond the capabilities of automated tools and utilities.
Learn more
Crystal Logic®
The Crystal Logic® loan-level analytics technology delivers advanced web-based capabilities for bond-level data extraction, loan-level data extraction, sector and vintage analysis, aggregate level collateral manipulation, and mortgage market research.
Learn more
Professional Services
BlackBox's seasoned structured finance professionals, analysts, traders, and data experts are available to help address custom RMBS loan-level data needs.
Learn more