Salient Commercial Solutions, Inc. (Salient) will demonstrate its Appix Mortgage product, set to provide cost saving mortgage-backed securities to-be announced (TBA) allocation automation at the 2013 SIFMA Operations Conference. The program, which offers a retrospective on how improvements in operational processes can continue to positively contribute to having markets operate with minimal risk, will take place in Boca Raton, Fla. from April 28th to May 1st.
“Many of our customers have been looking for solutions for automating their fixed income operations for some time,” said Salient COO Bill Parker. “With the combination of the Appix Mortgage TBA solution and our customized Agile practices, we are able to provide scalable and repeatable process with rapid delivery and a leaner approach to ensure our customers’ visions transforms into working software with a maximum return on their investment.”
Mike Rauck, Appix Financial Solutions Group’s Director of Operations, will be speaking of operational risks associated with processing TBA allocations, and demonstrating how the Appix Mortgage product can mitigate these risks to maximize portfolio value in a scalable Agile approach.