Articles Tagged: "Architect"

Tradeweb - A $5.5-Million Dollar Annual Hedge Cost Avoidance for Rocket Exchange
Created: 2024-02-15 by Keith Elder

By integrating with Tradeweb, Capital Markets users can seamlessly capture and approve accurate, real-time TBA prices from the go-to source for TBA prices. This is crucial for generating accurate Rate Sheets and effectively hedging our loan pipeline to a tune of $5.5 million in annual hedge cost avoidance.

Durations - A $6-Million Dollar Inch with Simplified Duration Management for Rocket Exchange
Created: 2023-04-02 by Keith Elder

As markets move, interest rates move. As interest rates rise, the value of existing lower interest rate bonds like mortgage-backed securities decrease. This relationship between how bond values and interest rate changes is called “duration,” and is a key metric used by the secondary market to make investment decisions.

Messenger
Created: 2013-03-01 by Keith Elder

Messenger provides a standardized way for applications to send a variety of messages including, email, text messages, and in the future can support additional needs like instant messaging. Messenger was built first to send text messages to any cell phone. It provides the infrastructure to handle large volumes of SMS Text messages using Sonic to queue messages delivered to cell phones via a third party. All messages sent are saved for auditing purposes which can be then consumed or shown in other applications like Mobius.