Merrill Lynch & Co.'s Mortgage Capital unit will add online processing capability to its CMO Passport pricing service available through Bloomberg L.P.'s Financial Markets service. Merrill has acquired a supercomputer to handle the additional processing load.
The enhanced service--to be released at the end of this month--will allow Bloomberg users, for an added fee, to customize what-if scenarios of CMO cashflows using Merrill's pricing software. Previously, Passport users could only access a
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails