Back Office & Operations Technology & Risk Management

Markit/Cairn launch ABS performance monitor


Global financial information services Markit and credit asset management and advisory firm Cairn Capital have announced the forthcoming launch of the Markit ABS Performance Monitor platform. 

This new service will combine Markit's ABS surveillance capability with Cairn's advisory and credit market expertise to provide state-of-the-art performance monitoring for European asset-backed securities.

The Markit ABS Performance Monitor will provide consistent and detailed analysis of European ABS deals. Users will gain access to comprehensive deal summaries, both current and historical, with the ability to drill down into details such as comparable key performance indicators, recalculated credit enhancement and excess spread, collateral