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SECURITIES VALUATION SERVICES
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CTIC furnishes valuations for all forms of Auction Rate Securities (ARS) as well as other investment security types at a reasonable cost.
CTIC does not rely upon matrix pricing or other bulk pricing methodologies, but "hand prices" each subject security, conducting a thorough analysis of all pertinent security features, credit source considerations, and real-world market inputs. CTIC most commonly employs discounted cash flow modeling (yield-to-bond-price calculations) and cash-on-cash yield benchmarks.
CTIC supports its clients not only through the delivery of reliable pricing based on real-market practices, but furnishes supporting detail that includes specified FAS 157 input types, input sources, calculation and methodology descriptions, and all other related pricing considerations and assumptions. This supporting data has allowed CTIC's clients to satisfy the audit requirements of all major U.S. accounting firms.
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