RICHMOND, BC, Feb. 18 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, announced today
that its U.S. business, MDA Lending Solutions, has launched ARTAdvisor(TM), a
new addition to its suite of Automated Reasoning Tools (ART) and decisioning
MDA Lending Solutions has released the product to help lenders and
servicers better manage the risks and opportunities created by the market
turmoil. ARTAdvisor(TM) combines comprehensive credit analysis with
sophisticated collateral analysis to identify risky loans and to propose
optimal resolutions ranging from government sponsored programs such as FHA
Hope for Homeowners to lender-specific loan modifications.
The proprietary decisioning solution provides risk management
intelligence at both ends of the servicing timeline, from early risk
management through to loss mitigation. The rules-based solution incorporates a
number of proven loan workout strategies and is highly configurable to
incorporate specific lender/servicer risk models and loss mitigation
strategies. The solution can be deployed in a batch mode used for processing
portfolios or transactionally to analyze individual loans on a loan by loan
MDA provides advanced information solutions that capture and process
large amounts of data, produce essential information, and improve the decision
making and operational performance of business and government organizations
Focused on markets and customers with strong repeat business potential,
MDA delivers a broad spectrum of information solutions, ranging from complex
operational systems, to tailored information services, to electronic
MDA employs more than 3,300 people in locations across the United States,
the United Kingdom, and Canada. The Company's common shares trade on the
Toronto Stock Exchange under the symbol TSX:MDA.
This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. with
respect to future events and financial performance. Any such forward-looking
statements are subject to risks and uncertainties and MDA's actual results of
operations could differ materially from historical results or current
expectations. Additional information on these and other potential factors that
could affect MDA's financial results are detailed in documents filed from time
to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form
or content of this release.
For further information:
For further information: Wendy Keyzer, MDA External Relations, (604)