"Analytical Tools for Developing Fixed Income Applications"
[+] Can I try the software before I buy it?
Yes. For all products NIS allows a free 30 day trial period. If you like the product you
can continue to use it after signing a license agreement.
[+] Is there a charge during the trial period?
No. During the trial period you may use the products free of charge and contact NIS with
questions that you have regarding the products.
[+] What do I need to do to get started?
You should contact NIS to discuss which product is most appropriate for your situation. You'll
be able to try the product for 30 days. At that point you can decide wether or not you would like
to continue using the product.
[+] How many fixed income products does NIS offer?
NIS offers many different types of fixed income analysis products. Each product is
designed to perform a specific function for a specific use. For example, NIS Analytics is
a desktop product which runs analysis on individual security as well as portfolios. MBS Research
is on online research tool for MBS Securities. MyNIS is a custom web site app designed specifically for your
[+] Does NIS offer a bond analysis desktop application?
Yes, NIS Analytics is a desktop product which runs analysis on individual security as well as portfolios. Over 500 bond
calculations can be done. Portfolio reports are designed by the user. Information can be printed or exported.
[+] Does NIS offer web based apps?
Yes, NIS has a variety of analytical apps that run via the internet. These apps include bond calculators, bond swap analysis,
MBS research, Giant/Mega Builder, and MyNIS.
[+] Does NIS offer DLL's?
Yes. If you have your own IT personel, NIS will license a library of financial calculations. You
can decide which calculations you want in the library.
[+] Does NIS offer web API's?
Yes. The NIS API is web based. That is, rather than having a DLL library on your server, you can
pass bond properties to the NIS server. NIS will return individual bond calculations.
[+] Can I use the NIS libraries to create a fixed income internet app for my company?
Yes. Depending upon the type of app you are creating either the NIS DLL libraries or the web API will
allow you to create your own company app.
[+] Can NIS produce PDF reports?
Yes. Many of NIS's products automatically produce PDF reports. In addition, some of the products allow
you to design your own PDF reports.
[+] In addition to calculations, does NIS offer fixed income data?
NIS has a complete database of ginnie mae, fannie mae, and freddie mac sercurites. NIS does not provide
information on corporate, treasury, municipal, or agency securities. NIS does not provide market pricing
[+] What calculations are included?
Depending upon the product, NIS produces over 100 bond calculations.
[+] Can NIS handle floating rate & adjustable rate
Yes. Within most NIS apps users have the option of having the coupon rate fluctuate as the underlying index changes or
keeping the coupon fixed regardless of changes in interest rates.
[+] Can NIS handle ABS's, CMO's, and CMBS securities?
For securities which have tranches and "rules" which define the cashflows of the security, NIS requires that the cashflow
of the security be passed to NIS. NIS will analyse these cashflows, but does not calculate them. There are several companies
which calculate cashflows on these securities.
[+] Does NIS offer Bond Swap Analysis?
[+] Does NIS do Interest Rate shock analysis?
Yes. NIS over the years NIS has used many methodologies for determining interest rate
shock prices. NIS will work with you to determine the methodology which works best for you.
[+] Can the calculations be exported to another product or spreadsheet.
Yes. All of the calculations can be exported and used in another product.
[+] What is the cost?
The cost of NIS products depends upon the product, the number of users within your company that will be
using the product, whether or not the reports will be sent outside your company, and if the product is
going to be used as part of an internet application. NIS also offers discounts with the purchase of
[+] Is there a long-term agreement?
No. NIS does not require a long-term commitment. NIS products are licensed on a monthly basis. You can
cancel your license agreement at any time.
[+] Is there an upfront cost?
No. There is only a monthly license fee, there are no upfront costs.
[+] Is there a charge for support?
No. Support is included in the monthly license fee.
[+] Can I ask for changes?
Yes. NIS will be glad to make changes to the software to accommodate your operation.
[+] How do I contact NIS with questions?
Contacting NIS is easy. Either by phone (860.286.0540) or by email (email@example.com).
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