BOSTON – October 31, 2024 – Alpha Financial Software (AFS), the fintech leader in U.S Agency Mortgage-Backed Securities (MBS) Clearance and Settlement automation, continues the growth of The MBS Ops Network solution with the addition of two large buy-side clients and a partnering with a large U.S. custodial bank, who will make AFS’s solution available to their clientele. “As asset managers aim for less operational risk and more automation, our MBS Ops Network solution is a one stop shop for any fixed income manager needing TBA clearance and settlement processing. And, with impressive client ROI’s above 700% our 19 years of straight-through-processing experience brings a comprehensive, flexible offering to our clients, says Joe Kohanik, Managing Partner.

About Alpha Financial Software– Alpha Financial Software was founded in 2006 with the goal of providing straight-through-processing automation of U.S. Agency TBA trading to both buy-side and sell-side financial firms. Alpha Financial software provides full lifecycle MBS clearance and settlement solutions to automate front, middle and back-office. Built by veteran fixed income professionals who marry practical experience with advanced technology, Alpha Financial Software supports a broad range of financial services clients trading the MBS/OTC markets. AFS is excited to announce our cloud migration is underway and will be completed in 2025. Client migrations will follow, in 1Q2026. “Given our niche business in the fixed income market this move will bring a more cost-effective, highly secure and sustainable technology base as we continue to expand our MBS Ops Network solution,” says Joe Kohanik, Managing Partner.