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Press Release

December 1, 2010

Response Analytics Licenses Innovative Asset Management Solution to Vantium Management, L.P.

Mortgage Asset Management Solution Adds Speed, Scalability

 

SCOTTSDALE, Ariz. – December 1, 2010 – Response Analytics Inc., a leading Financial Services Optimization (FSO) company, announced today that Vantium Management, L.P., an investment manager with a focus on acquiring residential mortgage loans in either whole loan or securitized form, has licensed Response Analytics’ Mortgage Asset Management solution. Vantium Management, L.P. will implement the enterprise software solution to support the workflow for acquiring and managing residential whole loans and securities from valuation to due diligence through disposition. Response Analytics was selected from a field of competitors based on its innovative “single platform” approach.

Using an unprecedented software platform, Response Analytics’ Mortgage Asset Management solution helps financial services companies interested in acquiring and managing residential whole loans to:

  • Interface with numerous data sources, models, internal systems and external fulfillment services, creating a single platform for monitoring and reporting.
  • Develop unique analytic insights from client data for use in proactively managing portfolios and improving asset performance.
  • Provide robust reporting capabilities which meet reporting requirements for investors across funds, investors and pools.

“Vantium Management, L.P. is an innovator and their selection of our solution validates the growing recognition that the new realities of today’s markets require new solutions,” said Brent Lippman, chief executive officer of Response Analytics. “New solutions that not only utilize the investments companies have made in models, data and systems, but also weave these disparate pieces together to provide business value and speed.”

“After a very thorough search of various software providers and consulting firms, we selected Response Analytics as the best in class solution for our data management needs as we continue to expand our asset management business,” said Michael Commaroto, Chief Executive Officer of Vantium Management, L.P.

About Response Analytics
Response Analytics, Inc. is a leading Financial Services Optimization (FSO) company that solves mission critical issues and evolving business challenges, using best-in-class software innovations. Response Analytics’ software is helping answer what is perhaps the financial industry’s most urgent issue – extracting more value from real estate assets while providing sustainable technology options to minimize risk. Unlike other applications or approaches, Response Analytics provides a comprehensive platform approach which integrates data and models from multiple systems in order to provide speed, scalability, transparency and consistency. For more information visit us on the web at www.responseanalytics.com.

About Vantium Management, L.P.
Vantium Management, L.P provides a custom-tailored approach to investing in residential real estate in the United States, with a focus on acquisitions of pools of performing and non-performing mortgage loans as well as selected residential mortgage-backed securities with a bottoms-up, hold-to-maturity mentality. Vantium Management, L.P. leverages custom analytics, an in-house servicer, and a leading management team with a proven track record and a long-term economic view developed through the latest economic downturn.

Contact:
Tim Manning
Tim.Manning@responseanalytics.com
480-429-4480 Ext. 118