AnSer^®

AnSer^®, BlackRock Solutions' Web-based calculator, allows client to perform interactive options-adjusted and static analyses on the global universe of fixed income securities and derivatives. AnSer provides clients with real-time interactive access to the same analytics used by BlackRock's portfolio managers to perform relative value, trading and risk analyses.

Through AnSer analytics, clients can directly access BlackRock Solutions' models and modify assumptions to meet their specific needs. Adjustable factors include structure and prepayment modeling, cash flow generation, and option pricing. Calculations can be performed at the individual security or portfolio level.

Features Include:

• Security & portfolio level option-adjusted analytics
• Trade quality pricing and relative value
• Real-time, custom or historical market rates
• Interactive access to BlackRock’s prepayment models
• Parallel and non-parallel yield curve shocks
• Scenario analyses
• Horizon analyses
• Volatility shocks
• Prepayment shocks
• Sensitivity analyses
• Stress testing
• Cash flow reporting
• Pathwise statistics
• Swap analysis
• Quantitative credit analysis
• Detailed analysis of RMBS, CMBS, CMOs and ABS