Scanrate Financial Systems A/S started in 1986 as a spin-off of research in term structure estimation at the Aarhus School of Business - now a part of University of Aarhus. The company was first in Denmark with commercial implementations of zero coupon term structure analysis (1986), use of cubic splines (1987), non-parametric smoothing splines (1993), and prepayment models for callable mortgage backed bonds (1991). Our software continues to employ advanced state-of-art financial models.
The company has kept its link with the financial research community in Denmark and the company has participated in a number of research projects including the sponsorship of three successful Ph.D. projects. Scanrate actively supports course activity among our employees and we contribute regularly to professional journals, seminars and conferences. Each quarterly update of the Scanrate Prepayment and Valuation service contains mortgage bond analysis based on original research by the Scanrate staff of analysts.