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dv01: Looking at 2021 and Beyond: Cementing dv01 as The Data Hub for Lending Markets

Below is an announcement originally written by Perry Rahbar, founder and CEO at PowerToFly Partner dv01, and published on January 12, 2021. Go to dv01's company page on PowerToFly to see their open positions and learn more.

When I started dv01 six years ago, it was with the goal to remodel the capital markets' antiquated data infrastructure. Having spent most of my career trading mortgage bonds, I've been particularly driven to fix the systemic transparency issues that were on full display during the 2008 global financial crisis.

Over the years, we've made great strides toward our mission of bringing unparalleled transparency and intelligence to every loan: we are a critical data partner in securitization deals; we influence industry-wide reporting standards; we've expanded our footprint into mortgages and student loans; total notional on the platform has grown to over $3.4 trillion; and the company has grown to nearly 80 employees.

In order to propel dv01 forward and cement ourselves as the data hub for lending markets, we need to provide investors unrivaled value. To achieve this, we must capture the agency MBS market.

The agency MBS market trades $65 trillion a year, but for decades data has only been available on a monthly basis, leaving investors in the dark on how performance has evolved throughout the month. Online lenders started to change that in consumer loans with daily loan-level transparency but no such advances have been made in the mortgage market. I believe dv01 can change that.

I'm thrilled to announce dv01's acquisition of Pragmic Technologies, an early-stage company reimagining the data infrastructure of the agency MBS market. To support our growth, we've also secured a $6M series B3 funding led by Pivot Investment Partners and joined by new strategic investor, AGNC Ventures, an affiliate of AGNC Investment Corp, a leading residential mortgage REIT with over $97 billion in assets.

Pragmic is led by Charlie Oshman and Memo Sanchez, co-founders of Reonomy, the leading commercial real estate property intelligence platform. CRE is one of the largest asset classes in the U.S. without required performance reporting, and Reonomy has grown to be the market leader, serving thousands of clients. While Charlie and Memo have an impressive track record building proprietary technology, it was our shared common goal—to solve the capital markets' data fragmentation problem—that made combining forces perfect sense.

With the addition of Pragmic, dv01 will develop a novel data infrastructure that resolves the traditionally slow and opaque reporting processes within the agency MBS sector. Our platform will empower investors with granular intra-month performance insights to help them optimize their portfolio management and hedging processes; strategic investment decision-making will no longer be based on stale information.

Additionally, we'll combine resources to provide the first true ESG data offering for structured products. Despite the market for data-driven ESG investments surpassing $40 trillion in 2020, little progress has been made in developing ESG standards for structured products. In order to effectively promote sustainable investing, investors must harness critical loan-level data—a dv01 specialty.

Our first acquisition is a monumental milestone, and we are pumped about our ambitious product road map, the strong growth trajectory, and the challenges we'll overcome!

You can read the official announcement here, and if you're interested in joining our mission of bringing unparalleled transparency and intelligence to every loan, let us know!

- Perry


How These Companies Are Celebrating Asian American and Pacific Islander Heritage Month

According to a recent study, anti-Asian hate crimes have risen 150% since the pandemic started. But these acts of violence are not new — they are part of a much larger history of anti-Asian racism and violence in the U.S.

That makes celebrating Asian American and Pacific Islander Heritage Month (which was named a month-long celebration in May by Congress in 1992 "to coincide with two important milestones in Asian/Pacific American history: the arrival in the United States of the first Japanese immigrants on May 7, 1843 and contributions of Chinese workers to the building of the transcontinental railroad, completed May 10, 1869") this year all the more important.


Supporting Neurodiversity in the Workplace

Only 4% of companies that say they value diversity consider disabilities. Even fewer include learning and thinking differences.

While neurodiversity is a concept that is gaining more awareness, many employers have still not fully grasped the importance (and benefits) of understanding neurodiversity and how to effectively incorporate and retain neurodivergent individuals in their organizations.


[VIDEO ▶️ ] Are You the Right Candidate for the Job? Tips From a Helm Recruiter

💎 Wondering how you can show up as the right candidate for the job?

📼 Press PLAY to hear some insight from a recruiter at Helm into what the right candidate for the job looks like in an interview. Alayna Sye, Helm's Senior Technical Recruiter, knows an applicant is going to be the right for the job usually after the first conversation. Find out exactly what will make you stand out, as well as the steps for the application process at Helm.


30+ Ways Companies Are Celebrating Hispanic Heritage Month 2021

Founded in 1989, Hispanic Heritage Month begins on September 15 and ends October 15. The four-week span over two calendar months may seem a bit odd, but it comes with good reason, as it covers independence anniversaries of several Latin American countries, as well as key celebrations in Hispanic and Latin communities. Apart from commemorating major holidays and historic milestones, this month honors the cultures and contributions of Hispanic and Latinx Americans.

We asked some of our partner companies what they're doing to honor and celebrate Hispanic Heritage Month at work this year, and we were inspired by the wide range of responses, from highlighting the impact that employees have in local communities to hosting fireside conversations on allyship to sharing performances and instruction of famous cultural dances.ot only are these companies honoring Hispanic Heritage Month, they're finding ways to spread positive change throughout the year. Here's what they're doing, in their own words:


The Workplace of the Future: How Companies Can Plan for The Ever-Changing

As vaccination numbers climb and some—though not all—of our collective paranoia begins to dissipate, businesses are starting to reopen. Employers face a key decision: how will they respond? Will they go back to the ways of life before COVID? Or will they adopt more permanently the flexibility and remote-first work necessitated by the pandemic?

As part of our Corporate Circles: Inclusive Conversation Series, join PowerToFly's Global Director of DEI Sienna Brown and Global DEI Strategist & Trainer Zara Chaudary on Friday, October 1st from 12pm to 1:30pm Eastern for an interactive roundtable as we discuss and share the tools and mindset needed to create the office of the future in a post-pandemic world.

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