Formed in 1979 from the insight that revenue bonds made an efficient basis for subsidized public works, cfX developed a reputation for careful and highly effective technical analysis - services that appealed to the most sophisticated public finance institutions in the field. From a core group of clients - all pioneers in urban and state renewal, cfX came to serve more than twenty states and municipal agencies, and their partners. Over time cfX broadened its offerings from advice on policy to technical "numbers" for bond issuance. The firm later added outsourcing and IT consulting services to help administer agency funding programs. The firm also leased its cash flow projection software to agencies and investment banks. cfX now offers a range of services designed to reduce the administrative burden on issuers, take full advantage of opportunities, and certify that the programs remain healthy and compliant.
cfX Incorporated offers quantitative and administrative services to asset backed issuers of debt and their partners. cfX helps issuers make informed financial decisions by quantifying the impact of policy and transactions. The firm also offers "plug-in" services that allow issuers to satisfy their contractual and regulatory obligations simply and cost effectively. The services include arbitrage rebate calculations, redemption instructions, mortgage yield compliance reports, accounting, portfolio accumulation, mortgage administration, and cash flow projections. The firm"s calculations are based on rigorous models of every indenture, asset, and liability, as well as straight-through processing of data in the supply chain. The firm also provides many of the world"s biggest banks with specialized software to structure bond issues. The firm focuses on complex housing finance programs which typically include callable bonds and other options. However the same technology and expertise that make cfX a leader in housing finance, find application in other areas of structured finance.
If you are looking for better ways to structure and manage your debt issuance programs - whether it be through quantitative evaluation of opportunities, business process outsourcing, or technology, find out why many bond issuers and their partners are turning to cfX for help.