All securitization models require some form of input to create the calculated outputs. Some are on the asset/loans side, and some are on the bond side. Currently, on the bonds side, our model supports structured parameters for fixed values in a model.
Model inputs are for inputs with changeable values.
Model input page:
A model input will be created through the model input page. Some of the fields are mandatory and others are optional.
- Category - This is an optional field, allowing the user to define several model inputs under the same group in the dynamic expression.
- Name - This is a mandatory field specifying the name of the model input.
- ** The combination of the category + name of the model input must be unique.
- Unit - Mandatory field. T-REX supports five types of units - Amount ($), percentage, Number, Boolean, and Date.
- Amount ($), percentage, Number - When choosing those types, the default value is a float, entered manually by the user.
- Boolean - In this type, the user can select a default value of TRUE/FALSE from a dropdown list.
- Date - The user can select from a calendar dropdown or enter manually in a YYYY-MM-DD format.
- Default value - Mandatory field. The user must define a default value that will be used when there is no periodical value, ensuring that the model input can never be blank.
- Description - Optional field.
The user can use the model inputs via dynamic expression (see dynamic expression page).
For assigning periodical values for model input, see Actuals.