History

Intex has been a successful, independent financial software products company for over 20 years. Key milestones in our history are described below:

1985	Intex founded and established as a developer of spreadsheet add-in products for Lotus 1-2-3 and later Microsoft Excel.
1987	Intex launches a novel bond calculator, both as a spreadsheet add-in and as a C-callable subroutine library.
1988	Intex introduces the first MBS calculator add-in and subroutines library.
1990	Intex develops its proprietary "CDI" deal modeling language and the Intex Subroutines for PC and Unix platforms, along with initial release of the Intex agency-backed CMO/REMIC deal model library. Gains recognition as the first independent software company to accurately model complex Re-REMIC deals.
1992	Intex expands its deal model universe to include non-agency, residential whole loan-backed CMO/REMIC deals. Makes significant improvements to the Intex deal modeling language and Subroutines in order to properly handle loss/severity stress scenarios characteristic of non-agency deals.
1994	Intex forges its first relationship with a third-party application provider. Today, clients can access and use Intex's deal model libraries within over two dozen specialized, third-party software products for applications ranging from trading and portfolio management to risk management and asset/liability management.
1995	The Intex deal model library expands to include ABS deals, including Home Equity, Manufactured Housing, Credit Card, Automobile, Equipment and other related ABS asset sectors. The Intex CMO and ABS deal model library surpasses 5,000 deals.
1996	Initial introduction of the Intex CMBS deal model library.
1997	Intex introduces INTEXdesktop™, a Windows-based end-user application, for use of the Intex deal model libraries through a point-and-click interface.
1998	Intex launches INTEXnet™, a web-enabled alternative to INTEXdesktop that can be accessed from any location without the need for client-resident software or data downloads.
2000	Intex models its 10,000th deal.
2000	Initial release of Intex DealMaker™, a Windows structuring application that has become an industry standard for structuring RMBS, CMBS, and CDO deals.
2001	Introduction of the Intex CDO deal model library. Intex becomes the first and only company to offer robust, accurate support for CDOs backed by structured assets, leveraging the now very complete Intex RMBS, ABS and CMBS deal model libraries.
2003	Intex models its first European deal. Today, Intex European RMBS, ABS, CMBS and CDO deal model libraries are used by major arranging banks and investors throughout Europe and around the world.
2004	Intex models its 15,000th deal. Intex begins to expand its support for deals issued in other regions of the world, including Japan and other parts of Asia.
2006	Intex European office opened in London. Intex models its 1,000th European deal, each one capable of generating cashflow projections under user-specified prepayment and loss scenarios.
2007	Intex introduces a Student Loan ABS deal model library.
2008	Intex introduces a Reverse Mortgage deal model library.
2008	Intex's deal model library continues to expand with over 20,000 deals, including a complete collection of European deals, each modeled for accurate cashflow and price/yield analysis under user-defined prepayment and loss scenarios.
2009	Intex implements TALF financing model in INTEXdesktop™ and INTEXnet™.
2010	Inaugural version of INTEXcalc™, with support for single-security and "multiple positions price/yield" functionality for pre-price and active US RMBS and US Home Equity transactions.
2010	Intex announces INTEXreds™.
2011	INTEXcalc™ debuted support for the global RMBS, CMBS and ABS asset sectors, as well as portfolio functionality.