Clayton’s Independent Pricing Service (IPS) provides accurate, fair market portfolio pricing and verification of hard-to-value mortgage and asset-backed bonds for fixed-income managers. This third-party validation provides the transparency needed – and increasingly required – in today’s market.  

Our pricing processes incorporate a blend of market and credit research, internal and external pricing models, and expert judgment to determine and verify the correct set of performance assumptions that drive an asset’s cash flow and ultimate value.  And our service satisfies FAS 157 Fair Value Measurement requirements.

The Clayton IPS team is comprised of individuals who have extensive prior experience in both fixed income trading and securities valuation analysis. This experience, and our demonstrated commitment to independence and objectivity, has resulted in a reputation that is unrivaled for delivering analysis and rendering judgment on mortgage-related loans, asset-backed securities and other portfolio holdings.