Fixed-income and mortgage-backed securities
Bond Lab delivers rigorously tested fixed income analytics quickly, reliably, and affordably to market participants. They use cutting edge technology to analyze market data, speed up computation times, and lower costs for customers. Their team’s breadth of financial and technical experience – from Wall Street portfolio managers and deal structurers, to experts in artificial intelligence and real-time architectures – enables them to bring next generation analytics and applications to help market participants invest and work more intelligently and effectively.
Bond Lab was not fully satisfied with their previous system infrastructure, and was looking to change suppliers, leaving them with an incomplete codebase which had not been deployed anywhere. The system was unfinished, bits of code missing, and needed maintenance.
The client had complex requirements, which included restoring and recreating the missing parts of the code, recreating the system, finalising functionality, by making an API/Website which was accessible for specific users only, along with extending the scope of analytics. They also wanted us to improve the performance of the database.
Firstly, we needed to ensure that we restore the system’s functionality. This meant that we needed to research the existing code, write missing pieces and recreate the infrastructure . It was very similar to working with a jigsaw puzzle, looking for the missing pieces and putting them into place. We added the additional functionalities requested by the client, by creating the API and Website, which was then accessible to those who are permitted to access the information and system. We also changed the underlying database from PostgreSQL to Amazon Redshift, which increased the speed of query execution time by an order of magnitude.
Kodiak Advisors technology product offering Bond Lab® is an MBS analytics, trading, and data science platform for agency mortgage backed securities. Mortgage backed securities are, by their nature compex and we needed a reliable technology partner with a Wall Street resume, experience in AWS architecture, and familiar with the latest technologies. Our technology partner Montrose Software delivered high quality solutions in a timely manner. I highly recommend Montrose Software.