Live portfolio views
Every portfolio you follow, by originator and asset class, updated as each tape arrives.
- Overview and changes since the prior tape
- Stratifications on three bases
- Performance, cohorts and peers
- Data quality and the tape bridge
Loan-tape analytics for credit investors
See every loan behind the pool before you buy it.
LOOKTHROUGH turns an originator's loan and payment tapes into the views your committee asks for, by vintage and credit tier, checked and reconciled before you see them.
What it answers
The questions your committee asks, answered from the loans themselves.
Built for institutions buying whole loans, participations and forward flows: banks, credit unions, credit funds and insurers. Every view follows the originator's own credit tiers, because each tier is a separate risk to price.
- What exactly is in this pool?
- Balance, loan count, rate, term, FICO, DTI, geography and credit tier, on the outstanding pool, recent production or the whole tape, in the originator's own tier names.
- How have past vintages performed?
- Cumulative net loss, defaults, prepayments, recoveries and delinquency, by months on book and by calendar month, for every vintage and every credit tier, the latest vintages included.
- Can we rely on this tape?
- Each tape is checked before it is shown: breaks, missing fields and changes from the last tape are listed with their size, and headline figures are reconciled to the originator's own performance reporting.
- What changed since last month?
- Every new tape is compared with the one before it: headline moves, shifts in the mix and new findings, on one page and in the monthly report.
- How does it compare with the market?
- Defaults, prepayments and delinquency against anonymised peer pools of the same asset class, at this pool's own credit and term mix.
- What is it worth to us?
- Price a pool, or a forward-flow program tier by tier, at your own assumptions, with returns and
sensitivities.
Enterprise · detail after approval
For banks and credit unions
Buying consumer loans? Diligence, monitoring and reporting, done for you.
Purchased loans and participations bring their own work: a documented review before you buy, monitoring while you hold them, and reporting your board, committees and examiners can follow. LOOKTHROUGH carries that work from the originator's tapes, month after month.
- Before you buy
A documented review of the pool
The originator's tapes checked and reconciled to their own reporting; composition, performance by vintage and credit tier, and peers, in a report and data pack for your credit file.
- Every month
Surveillance of what you hold
Each new tape checked and compared with the last: losses, delinquency and roll rates by vintage and tier, the early signs, and any data issues, before they reach your numbers.
- Board and committees
Reporting they can read
A monthly surveillance report prepared for your institution, and the numbers behind it in a workbook for your own board and ALCO templates.
- Examinations
A file that answers the questions
Written definitions for every metric, every tape's checks and findings kept, numbers re-run from the loans, and a record of every report downloaded.
- Reserves
ComingCECL support from your pools' own history
Vintage loss rates from the loans you hold, a forecast scenario and the disclosure tables, alongside your own allowance process.
Pilot with one pool
A pool or participation you hold or are considering: we load and check the tapes, reconcile them, and deliver the monthly surveillance report and data pack.
Defensible numbers
Figures you can put in front of a credit committee.
Analytics are only useful if they survive the first question about where a number came from.
Reconciled
Headline metrics are tied out to the originator's own reporting on matched vintages before they are shown. Where a definition differs, we say so.
Traceable
Every figure is computed from loan-level data and re-run from the tape. Nothing is typed in or adjusted by hand.
Defined in writing
Every metric has a written definition, delivered with each data pack, so your team and ours read a number the same way.
What you take away
Read it on screen, take it to committee.
Monthly surveillance report
A PDF read of the portfolio, prepared for your firm and dated to the tape.
- Summary against the prior tape
- Composition, performance by vintage and tier
- Peers and data findings
- Definitions
Professional and Enterprise
Data pack
The numbers behind every chart in a workbook, for your own models and memos.
- One sheet per page and tab
- Curves as vintage-by-age matrices
- Definitions sheet
Professional and Enterprise
Plans
Start with the pool. Add the depth your mandate needs.
Consumer personal loans and auto loans today; further asset classes are added per originator.
| Capability | Free1 user | Professional3 named users | EnterpriseYour whole team |
|---|---|---|---|
| Pool overview and stratificationsComposition at the latest tape | |||
| Data checksEvery tape tested, findings listed | |||
| Headline performanceLosses, defaults and delinquency to date | |||
| Full performanceBy vintage, credit tier and calendar month; cohorts | |||
| Peer comparisonAgainst anonymised pools of the same asset class | |||
| Surveillance report, data pack and downloads | |||
| Pool builder and pricingReturns and sensitivities at your assumptions | |||
| Forward-flow programTier by tier, with facility leverage | |||
| Credit memo and CECL reports | Coming | ||
| Borrowing base | In development | ||
| Prices on request. Detail of each capability is shared with approved requests. | |||
Your data, controlled
Each firm sees its own portfolios, and nothing else.
Originators share tapes with confidence when access is narrow and every copy is accounted for.
- Access by portfolioA firm's users see only the portfolios it is entitled to.
- Named usersEach seat is one person: one active sign-in, and sign-ins limited to your firm's email domains.
- Two-step sign-inA code from an authenticator app after the password, on every paid plan.
- Every download accounted forReports and files are stamped for your firm and logged.
Request access
See the full product.
Tell us who you are and what you are looking at. We review every request; approved requests receive a private link to the product tour, with the detail of each capability and how it is built.