AXIS Module - Asset

The AXIS Asset Module directly supports modeling of the following types of investments:

Bonds
- Callable
- Putable
- Non-Callable
- Sinking Fund Bonds
- Real Return Bonds
Mortgages
- Residential
- Commercial
Stocks
Real Estate
Stock Options
- Put
- Call

In addition, AXIS allows asset projections to be imported from external applications using automated batch routines. Imported projection values, which can be scenario dependent, include market value, book value, amortization of premium/discount, accrued interest, coupon cash flow, maturity cash flow and write downs can be entered into AXIS. These values can be scenario dependent.

Market Values can be calculated using:

Present Value of Future Cash Flows
- Unadjusted or Adjusted Yield Curve
- To Asset Maturity or Interest Reset Point
- Cash Flows with or without defaults
Black-Scholes Model
Black Derman Toy Model
Market Value Growth Rates (stochastic or deterministic)
Cost
Depreciated Cost
Simple and Scientific Amortized Cost
Outstanding Principal

The AXIS Asset Module generates the following Financial Projection details on a monthly or annual basis:

detailed cash flows such as bond coupons, mortgage and rental payments, dividends, capital repayments, administration fees and expenses
asset movements arising from maturities, defaults, prepayments, calls
earnings and income statement details such as earned income, amortization of realized and unrealized gains and losses, amortization of premium and discount
balance sheet values and inforce statistics, including par values, book values, market values, etc.