Waterfall Forensics Turns Securitization Contracts Into Running Code

Why it surfaced

This is an unusually specific piece of financial infrastructure: one example replays eight years of reported distributions and explains why class B-5 was locked out of principal. Its models cite prospectus clauses, tie results to trustee reports down to the penny, and export readable Python and R.

A forensic analytics platform models asset-backed securities from filed prospectuses, replays trustee distributions, and lets experts test alternative assumptions.