When it comes to the financial services industry, the lack of transparency and inadequate data visualization frequently lead to challenges in monitoring critical metrics that can significantly impact portfolio performance. Too often investors and lenders face an abrupt realization of breaches in concentration limits and triggers, which can lead to unforeseen financial consequences. At the same time, creating an in-house data team to track performance can be a resource-intensive endeavor, requiring data engineers, analysts, and business experts to collaborate efficiently and identify key metrics. To alleviate these issues, Goal Solutions—a servicing and asset management company—developed Lucidity, a reporting and analytics platform designed to tackle the long-standing problems of limited visibility and insufficient trend analysis in securitizations, warehouses and other investor held portfolios. This platform empowers investors to make informed decisions and effectively mitigate risks.

Conceived of by CEO Matt Myers who has a strong background in data science, Lucidity is the result of Goal Solutions’ extensive experience in financial services, and it was specifically designed to simplify data visualization within structured finance. The portal delivers essential information through customizable dashboards and intuitive visualizations tailored to the unique needs of lenders. “For organizations lacking the time or resources to establish a dedicated analytics department, Lucidity acts as an invaluable partner. We take the burden off their shoulders by handling all aspects of analytics, from creating customized dashboards to providing comprehensive performance metrics,” explains Myers.

One of the standout features of Lucidity is its ability to prepare users for challenges before they escalate. Not only does it assist investors in forecasting potential issues by effectively monitoring concentration limits, debt facilities, and loan performance, but it also enables users to resolve problems before they arise. The application’s innovative use of color-coded indicators allows users to track critical metrics, analyze patterns, and make decisions with a minimized risk of financial loss. Furthermore, Lucidity provides seamless integration of data from multiple external sources, normalizing it to present accurate insights. This dynamic capability ensures that investors can easily combine and contrast different trusts or portfolios, enhancing their understanding of investments.

Another key aspect of the Lucidity platform is the “Insights in a Box” feature which enables users to get operational in under 30 days and access dashboards that encompass everything they will ever need. By eliminating the need for clients to define calculations, charts, and visualizations, Goal Solutions saves clients significant investment they would otherwise spend on data engineers and data scientists. The firm’s deep understanding of client requirements is as critical to its technical prowess involved in creating effective visualizations.

Lucidity also offers “Insights Outside of the Box” capabilities, enabling the creation of custom-built dashboards specifically curated to meet unique client requirements. Whether developing from scratch or customizing standard dashboards, Goal Solutions ensures that clients see precisely what they require to make critical decisions. Core to this customization is data normalization—one of the most beneficial capabilities of Lucidity—ensuring that data from various services can be collected and presented cohesively, making it work for clients effortlessly.

Furthermore, Lucidity’s dynamic dashboards feature several modules tailored to the finance sector, including the Collateral Data Module which focuses on loan performance, and the Debt Layers/Structured Finance Module, which addresses warehouse and securitization overlays critical to understanding parity ratios, Over-Collateralization (OC) tests, concentration limits, and triggers. By integrating structured finance features into a comprehensive dashboard, Lucidity ensures investors can manage their portfolios holistically and monitor their performance indicators closely.

Goal Solutions has made significant investments in the design of Lucidity, ensuring it meets high client experience standards. This concept extends to managing each loan with meticulous attention and transparency, which is reflected in the platform’s capabilities. Lucidity delivers unparalleled visibility, allowing investors to make well-informed decisions supported by reliable and easily accessible data.

In a market where operational efficiency and transparency are paramount, Lucidity stands out by enabling organizations to transition from passive management to proactive decision-making. This shift allows clients to anticipate issues before they affect portfolio performance. With robust features that extend beyond basic metrics, including granular details specific to financing scenarios like residential solar financing, Lucidity harnesses the power of data insights to empower organizations, ultimately translating to enhanced business outcomes.

The transparency and operational efficiency that Lucidity brings together, sets a new standard for decision-making in the financial services sector. Goal Solutions reaffirms its position as a leader in the financial analytics arena, providing clients with the tools they need to navigate the complexities of finance and carve out competitive advantages in today’s fast-paced, data rich marketplace.