Big Data Management

Black Knight Acquires eMBS, Adding Agency Data and Analytics to Company's Mortgage Solution Ecosystem and Expanding Secondary Market Offerings

Black Knight, Inc., an award-winning provider of integrated software, data, and analytics to the mortgage, secondary market, and real estate industries, announced the acquisition of eMBS Inc, which provides performance data and analytics on agency-backed securities to all market participants to inform better investment decisions and increase the yields on their mortgage-backed securities.

With about $7.5 trillion in agency MBS outstanding, the expense of managing reliable and timely databases and analytics is costly and time-consuming, even for the savviest investors. Clients that license eMBS data minimize the operational burden and eliminate the start-up costs associated with investing in this business, which has long been regarded as "standard equipment" for agency MBS investors. Clients provide access to granular organization statistics as well as summarised database-ready information with pre-calculated prepayments and several market aggregations. By removing the need for mortgage-specific databases, data feeds, and systems used to update, calculate, aggregate, and display this data, using eMBS' capabilities will eliminate the costs of data, systems, and resources.

Black Knight will further incorporate eMBS technologies into its data and analytics solutions, including its AFT Prepayment & Default Model, which is now widely used by agency MBS investors to help forecast securities' potential results. Furthermore, integrating eMBS data with Black Knight's McDash loan output database improves the consistency of the AFT models, offering an unparalleled view of mortgage risk. Along with its ever-expanding marketplace of data properties, Black Knight's Rapid Analytics Platform can provide unparalleled ease of access to eMBS data in a cloud-based data science studio.

About eMBS

eMBS, based in Tampa, Fla., uses internet technology to provide all industry players with nuanced MBS information and analytics. By eliminating the need for mortgage-specific databases, data feeds, and systems used to update, calculate, aggregate, and display this data, this model eliminates the costs of data, systems, and personnel. eMBS is a Committee of 100 members of the Tampa Chamber of Commerce. Larry Gioia has been a supporter, adjunct mentor, and guest lecturer at the University of South Florida's Muma College of Business in Tampa, as well as a member of the State University of New York Maritime College's Engineering Advisory Board.

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