Comprehensive hedging and loan trading functionality in one, user-friendly platform
COMPREHENSIVE PLATFORM
MAXIMIZE HEDGING AND LOAN TRADING STRATEGIES
CompassEdge combines the strengths of preceding hedging and trading solutions to offer world-class analytics, ease-of-use and true best execution in one, unified platform. CompassEdge helps enhance risk management and loan trading strategies with:
Scalability to suit any lender
All the functionality needed for loan sales, including:
Pool optimization
Loan-level MSR valuation
Specified pay-ups
Integrations with agencies and investors
Premier analytics, including pull-through
Durations, including:
Specified durations
Granular G/L reconciliation
Channel/branch/loan officer scorecard
Tools focused on transparency
Resilient, cloud-based infrastructure
Open-platform architecture
LATEST INNOVATIONS IN OPTIMAL BLUE’S COMPASSEDGE
Pool Solver
Automate loan pooling with precision and speed – no manual work required. Pool Solver, part of the CompassEdge hedging and loan trading platform, replaces manual Excel-based pooling with a powerful solver algorithm that forms investor-eligible loan pools in minutes. By applying investor-specific constraints with 99.99% accuracy, Pool Solver ensures compliance, boosts execution value, and saves hours of manual effort – no matter your institution’s size.
CompassEdge Ratesheet Tool
Connect front-end pricing with back-end pricing. The Ratesheet Tool connects front-end pricing (i.e., origination) with back-end pricing (i.e., secondary) to allow lenders to generate ratesheet pricing with a known margin, accurately. Linking to both the Optimal Blue PPE and the CompassEdge hedging and loan trading platform, the Ratesheet Tool allows secondary users to access a back-end price and deliver a more accurate execution price to originators.
Confirm Assistant
Confirm Assistant is a feature that reduces both the time and potential for manual errors associated with reading and intaking TBA trade confirmation files. The tool uses AI analysis to read files from broker-dealers, parsing the documents into usable formats.
POWERFUL AI TOOLS
Maximize profitability on every loan and optimize your advantage with AI Assistants in the CompassEdge hedging and loan trading platform – the Profitability Assistant, Projections Assistant, Position Assistant, and Trade Assistant.
POSITION ASSISTANT
Receive daily, data-driven insights to transform your mortgage risk management.
Position Assistant offers critical daily insights into changes in risk exposure by automatically summarizing the top drivers impacting hedged mortgage pipeline positions. By analyzing factors such as loan volume changes and hedging adjustments, lenders receive a comprehensive overview that helps them to quickly assess and adjust their risk.
PROFITABILITY ASSISTANT
Quickly identify and explain profitability changes in your mortgage pipeline.
Profitability Assistant uses generative AI to summarize the top drivers of profitability gains or losses, including new locks, fallout, loan sales, and bulk AOT. Designed for CFOs and executive teams, these day-over-day changes and month-to-date summaries enhance transparency between secondary and the the C-suite.
PROJECTIONS ASSISTANT
Predict future pipeline profitability with ease.
Projections Assistant uses AI to forecast the impact of various factors on a hedged mortgage pipeline, such as originations, fallout, and loan sales. It automates complex calculations to deliver detailed projections for position management.
TRADE ASSISTANT
Get data-driven hedge recommendations aligned with your policy.
Trade Assistant uses AI to suggest optimal combinations of sells, buys, rolls, and swaps, reducing the guesswork in hedge selection and minimizing transaction costs.
INTUITIVE INTERFACE AND NAVIGATION
ACCESS COMPLETE FUNCTIONALITY WITH ONE LOGIN
CompassEdge presents relevant, actionable tools in a modern interface with streamlined navigation. Any credentialed capital markets participant – from the lock desk, to the C-suite – can access key data and functions without in-depth system training. Experience more efficient and user-friendly hedging and loan trading processes with:
Modern “dark mode” interface
Key data and tools on homepage
Real-time report visible to all users
Mobile-friendly dashboards
UNPARALLELED KNOWLEDGE
INFORM STRATEGIES WITH DATA AND EXPERTISE
Through enhanced visibility, CompassEdge amplifies the already-outstanding support the Optimal Blue team delivers to clients with peer information at the forefront. The data information supplied from CompassEdge serves as strategic checks to daily processes and helps users make strategic decisions more quickly. CompassEdge users have unique access to data and industry knowledge that includes:
Extensive peer data on loan sales, hedging, pricing and more
Data from the Optimal Blue PPE
Support from industry experts
Expertise backed by decades of experience
Hedging & Trading Insights
Knowing When to Move Beyond Best Efforts
As production scales, execution matters.
Jim Glennon, SVP of hedging and trading operations, shares insights into when moving from best efforts to mandatory execution can make sense for lenders.
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