NAIC Transaction HistoryDec. 10, 2020
Our latest third-party data integration gives Empirasign users detailed insight into the market activity of insurance companies. Users can now view the Insurance Company primary and secondary fixed income transaction history as reported via NAIC Schedule D (Parts 3 and 4). The data reported includes transaction date, counterparty, and price. Other events reported in these filings such as calls, redemptions, defaults, and in-kind transfers are filtered out.
This data is also featured in Price History charts available for every bond, located under the 'Price Chart' tab on trade history pages. All currently available data sets are plotted on these charts (BWIC data, runs data, N-PORT filings and NAIC filings). Click the PNG icon to export these charts for easy sharing of validated and unbiased market data with colleagues and clients.
New API EndpointsNov. 19, 2020
Querying for the market data you need is now easier than ever.
All Bonds Endpoint
Via this endpoint, you can retrieve a comprehensive list of all the bonds which had market data events for a given day. This list is further enriched with market sector information so you can quickly winnow down the list to the sectors you care about without further joins or cross-referencing. The All Bonds endpoint is considered metdata, and is costless from a quota perspective. This query is ideally suited to ensure your local data store is up-to-date at the end of every business day.
Deal Classes Endpoint
Send along a Bloomberg Ticker, CUSIP, ISIN or deal series name to this endpoint, and it will return a list of all the identifiers for the relevant bond series. You can then query the entire deal by passing along these identifiers to our bonds API endpoint. For your convenience, both of these queries have been linked together on the demo spreadsheet (see link below). Like the All Bonds endpoint, the Deal Class endpoint is costless from a quota perspective.
View our updated API docs and download the demo spreadsheet: empirasign.com/api-mbs
Automatic Alerts via SlackOct. 29, 2020
In addition to email, desktop, and text notifications, you can now receive automatc Portfolio Watch List and BWIC alerts via Slack.
Alerts, by their very nature, are ephemeral. As such, it makes more sense to have them hit a chat system or a notification pop-up, rather than adding to a perpetually overwhelmed inbox.
Empirasign Automatic Alerts System
With Portfolio BWIC/Offer alerts, you receive notifications any time a bond stored in your Portfolio appears on a BWIC or Dealer Run. Every alert shows recent trade color, price talk, dealer runs data, and now also recent holdings information from our N-PORT database - including fund company name, value date, principal amount, and valuation price. Use our BWIC Watcher tool to receive alerts whenever Empirasign updates a "watched" BWIC with additional price talk or trade color.
How to Install Empirasign Alerts in Slack
It takes only a few minutes to install our Slack alerts app via the following four steps:
1. Ensure you have a Slack channel ready to start receiving alerts. You can create a new channel by opening Slack, clicking the plus sign next to 'Channels' on the app's menu, and selecting 'Create a channel'.
2. Log in to the Empirasign web app and navigate to the My Alerts & Recaps page under the 'My Portfolio' tab. Click the 'Add to Slack' button located in the top right-hand corner of the page.
3. Sign in to Slack in to Slack with your workspace's URL. You will then see the following message: 'Empirasign Alerts is requesting permission to access the [Your Company] Slack workspace. Where should Empirasign Alerts post?'
Select the channel where you would like your alerts to appear from the drop-down menu, then click 'Allow'. You will then automatically get returned to your Empirasign My Alerts & Recaps page.
4. Finally, opt-in to these alerts by toggling your 'BWICs & Offers (Slack)' settings at the top of the My Alerts & Recaps page to 'On'.
A Word on Permissions
To enable Empirasign Alerts via Slack, we only require the minimal set of permissions to operate. Our Alerts app is permissioned with write-only access solely to the Slack channel you specify. Furthermore, we have no read access nor any ability to change any of your Slack settings.
Other Chat Systems
Integrations for Microsoft Teams and Google Chat will also soon be available. If your shop uses another system, please have your IT administrator reach out to us to discuss your organization's needs.
NPORT FilingsJune 23, 2020
Reveal position holders for any bond in the Empirasign database.
Our latest integration of data from the SEC's EDGAR database enables Empirasign users to instantly view which funds currently hold positions in any bond searched via our web app or API.
Also referred to as NPORT-P, these monthly filings disclose the complete portfolio holdings of all US-registered investment management companies and ETFs in compliance with accounting and reporting protocols mandated by the SEC. While these reports are publicly available on the SEC's website, the EDGAR system does not allow one to search filings by bond identifier - rather, forms from each filing entity must be examined individually. Our advanced spidering and correlating technologies eliminate the grunt work from the research process, allowing users to instantly view every fund with current or previous positions in any bond stored in our database. Simply navigate to the new 'N-PORT' tab found on the trade history page of every bond with data available in the SEC's N-PORT filing records.
We've also made this information observable at the BWIC level; you'll find the Cross Ownership graph icon at the top of every bid list page. These graphs allow you to easily visualize the current holders of every bond in the list.
Detailed information on N-PORT Filings can be found via this link. Further information on the SEC's Accounting and Disclosure obligations can be found here. An example filing summary page for a large fixed income ETF can be found here.
More To Come
We've only just begun to scratch the surface of the invaluable market intel that can be derived from these reports. Stay tuned for updates on our future integrations, including:
- Outlier detection for fund security valuation and ASC 820 liquidity level assignments.
- Holdings data will be used to enhance and extend our Collaborative Search feature.
- Concentration Reporting: See which funds own all, or a controlling interest, of a tranche.
- Deeper API Integration: While N-PORT data is already returned on single bond and bulk bond queries (set nport flag to true), additional N-PORT specific endpoints are in the works.
- Flat file delivery: receive daily updates on the entire N-PORT universe to upload into your own private data warehouse.
CRT Hub Yield Surface PlotsMay 28, 2020
Generate custom CRT cashflow visualizations.
As the market braces for a rise in mortgage default rates and continuously adapts to new forbearance rule changes, Credit Risk Transfers are quickly coming under the spotlight. Thanks to a new content partnership with CRT Hub, our latest feature provides Empirasign users with essential insight into CRT cashflows.
The Yield Surface Plot generator allows you to visualize CRT Yield across a range CPR and CDR values for a set of fixed custom inputs for price, loss severity, delinquency, and LIBOR. Simply click on the "CRT Hub Yield Surface" button at the top of the page, enter the required fixed parameters, and hit "Generate Yield Surface." Once the visual finishes rendering, scroll over any area to reveal CPR, CDR, and yield, or click and drag the graph to rotate your view of its three-dimensional surface. A link to this tool will be available at the top of every STACR and CAS bond trade history page on Empirasign for the next two months.
A Bit About CRT Hub
CRT Hub was founded in 2017 by Andy Chasen as a follow up to Chasen Enterprises, which provided cashflows and analytics on structured mortgage products for 17 years before being purchased by IHS Markit. The cloud-based platform provides cashflows and analytics on Credit Risk Transfer structured transactions including Securities (STACR/CAS), Reinsurance Products (ACIS/CIRT), and Mortgage Insurance (MI-ILN). CRT Hub allows users to evaluate their CRT positions using static CPR/CDR, proprietary vectors and scenarios, or through integration with third party predictive modeling. Visit their website: www.chasenenterprises.com
A Note on Your Personal Information
Unless you click through to the CRT Hub website, no information that can personally identify you or your organization will leave Empirasign. If you only generate yield surface plots via the Empirasign web app, all of your activity data and information will stay within Empirasign.