Loan valuations are often challenging for financial institutions. There is no centralized active market where loans are traded, and it is impossible to find published market values. DXMark® from DebtX is the industry’s first scalable valuations solution for loan portfolios based on actual secondary market transactions.
Through its marketplace, DebtX has collected and continues to aggregate data from hundreds of thousands of competitively executed secondary loan sales. DebtX also aggregates new issue origination data as well as data on seasoned loans monthly. This data feeds the sophisticated, quantitative algorithms used by DXMark, providing an objective basis for calculating the expected market-clearing price and associated risk of a given asset or portfolio.
Objective, data-driven, reliable and defendable valuations for Fair Value, compliance and disclosure
Back-testedand able to withstand scrutiny by regulators and auditors
Scalable across hundreds and thousands of loans and loan portfolios
Granular pricing at the loan and portfolio level
Competitively priced service, offering sliding scales for volume
How DXMark Works
DXMark models incorporate actual secondary market loan sale data as well as new originations and is supplemented by professional oversight and review.
DXMark is a fully audited service and is used primarily by clients with large portfolios that require daily, monthly or quarterly pricing.