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Linux Foundation Announces Intent to Form the Media eXchange Layer Project to Advance Cloud-Fit Real-Time Media Exchange

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New Initiative Paves the Way for the Future of Software-Driven Media Production

SAN FRANCISCO, April 4, 2025 /PRNewswire/ — The Linux Foundation, the nonprofit organization enabling mass innovation through open source, in collaboration with the European Broadcasting Union (EBU) and the North American Broadcasters Association (NABA), today announced the intent to form the Media eXchange Layer Project (MXL). MXL will develop open source software to enable seamless real-time in memory exchange of video, audio, and timed metadata between media functions within modern, software-driven, distributed media production environments.

New Initiative Paves the Way for the Future of Software-Driven Media Production

As the media industry transitions from traditional hardware-based setups to virtualized and containerized production environments, the need for scalable, interoperable software solutions has never been greater. The MXL Project aims to establish an open framework for real-time media exchange, reducing infrastructure complexity and ensuring seamless integration across compute nodes, production clusters, and broadcast platforms. MXL provides an implementation of the Media Exchange Layer defined in the Dynamic Media Facility Reference Architecture as published by the EBU.

The MXL Project will provide the foundation for:

Interoperable software-based media production – Enabling broadcasters to optimize workflows by seamlessly integrating diverse production tools and compute environments.

Accelerating industry-wide adoption of software-defined infrastructure – Helping media companies adopt software solutions for all tiers of production and for all levels of complexity, including workflows that are latency or quality sensitive.

The MXL Project will be hosted by the Linux Foundation and formed in collaboration with the EBU, NABA, and participating media companies, including the BBC, CBC/Radio-Canada, Bell Media (Canada), Dome Productions (Canada), France TV, Olympic Broadcasting Services (OBS), RTÉ (Ireland), SRG SSR (Switzerland), SVT (Sweden), SWR/ARD (Germany), and VRT (Belgium). From the implementers side there is already support from a diverse set of leading companies, including Appear, Amazon Web Services (AWS), Grass Valley, Intel, Lawo, NVIDIA, Riedel Communications, and Telos Alliance.

“The Linux Foundation is committed to fostering open collaboration across industries, and the Media eXchange Layer Project is a testament to that mission,” said Jim Zemlin, Executive Director of the Linux Foundation. “By bringing together key players in the professional media and IT sectors, we are enabling the development of open, interoperable solutions that will drive the future of real-time media exchange.”

The MXL Project invites media industry leaders to get involved and participate as an end-user or solution provider of MXL’s next-generation media production software. For more information about MXL and how to get involved, please visit tech.ebu.ch/dmf/mxl.

Supporting Quotes

“At Appear, we’re excited to support and help develop the Media eXchange Layer initiative and explore the potential it unlocks for low-latency, asynchronous workflows. This marks an important step toward enabling faster-than-real-time data exchange between diverse technology partners, empowering best-of-breed, software-based media production environments.”
– Andy Rayner, CTO, Appear

“AWS customers in media and entertainment want seamless, vendor-neutral connectivity to deliver optimal value in their live cloud productions. Placing the MXL project under the Linux Foundation’s open governance will help ensure long-term benefits for the entire live production community.”
– Simone D’Antone, Global Strategy Leader, Broadcast, AWS

“As broadcasters move their live production and media operations onto software-based infrastructure inspired by cloud architectures, the concepts of EBU’s Dynamic Media Facility initiative will provide the scalability, flexibility and efficiency needed to support future needs.  BBC Research & Development is proud to be playing a leading role in this work and welcomes the open approach being taken by the MXL project.”
– Jatin Aythora, Director, BBC Research & Development 

“The transition of production tools from hardware to software is in its early days.  The Media eXchange Layer (MXL) turns those production tools into Apps that just run anywhere, on Premises or Cloud.  Allowing for us the Broadcast users to scale up and down for more productions as required but also interoperability to share those tools from one production to the next with minimal effort.  This will provide the agility to pivot productions quickly in the ever changing media landscape and enable more creativity in content production. MXL is an exciting evolution to the production world.”
– Ryan McGauley, Senior Technical Architect, Strategy & Innovation, Bell Media

“Software-driven broadcast production is the future, and real-time media exchange is a critical piece of this evolution. The MXL Project is a pivotal step toward an open, interoperable ecosystem that allows broadcasters to maximize efficiency while reducing infrastructure complexity. We expect that starting with software rather than writing a document will significantly speed up the process of developing the solution.”
– François Legrand, Senior Director Engineering, CBC/Radio-Canada

“The prospects for advancing our abilities to deploy production solutions in a software environment that enables us to dynamically size resources to match production requirements and apply services according to best and/or most suitable in class, brings significant benefits and opportunity. The initiative of the Dynamic Media Facility Reference supported by the Media eXchange Layer development holds promise for an end user capability that is commonly shared across our industry.”
– Mike Johnson, Director of Engineering, Dome Productions

“We see software-based production along the lines of our Dynamic Media Facility concept as a key enabler for future media operations. By making the Dynamic Media eXchange layer open source, in collaboration with the Linux Foundation and NABA, we think we will see accelerated innovation in this space, with benefits for both media organizations and vendors.”
– Antonio Arcidiacono, CTO, European Broadcasting Union (EBU)

“At Grass Valley, we see the MXL project as a transformative step for the future of broadcast technology. With decades of expertise in developing microservices-based solutions, we are proud to be a major contributor to this initiative. Our commitment to open, interoperable software-driven media production is unwavering, and we look forward to showcasing a working MXL implementation on booth N506 at NAB Show 2025.”
– Ian Fletcher, CTO, Grass Valley

“At Lawo, we have long championed interoperability in broadcasting, ensuring seamless integration of devices and solutions in complex production environments. We’ve long been an advocate for delivering media production functionalities on COTS servers, enabling cost-effective, flexible, and hardware-independent processing. The MXL Project aligns perfectly with our vision by bridging IT-based infrastructures and media applications, marking a pivotal step toward an open, software-defined ecosystem that empowers broadcasters with enhanced adaptability and efficiency. We are proud to contribute to the success of the MXL Project and excited about the positive impact it will have on the industry.”
– Phil Myers, Chief Technology Officer, Lawo

“The MXL project is a foundation for software-defined production, and is aligned with our vision for secure, highly optimized, media exchange for applications on Kubernetes. NVIDIA Holoscan for Media, a reference platform aligned with the EBU’s Dynamic Media Facility, contributes to this initiative with high-speed GPU and networking interconnect between applications on single nodes and clusters for media and real-time AI inference.”
– Richard Kerris, Vice President of Media and Entertainment, NVIDIA

“We’re proud to participate in this open source initiative that brings together industry leaders to advance real-time media exchange. The Media eXchange Layer Project is a crucial step towards creating interoperable, software-driven media production environments. By collaborating openly, we’re shaping the future of broadcast technology and driving innovation across the industry.”
– Frédéric Brochard, CTO of France Télévisions

“The transformation to open-source software running on general purpose hardware brings many benefits foundational to the future of video production. Intel has been at the forefront of innovation in the transition to software defined broadcast and supports the Media eXchange Layer Project’s mission to create interoperability between multiple vendor applications running in shared memory environments. We look forward to continued collaboration with the software defined broadcaster open-source software community and helping to build a robust vendor ecosystem for our shared customer base.”
– Nagesh Puppala, GM, Media & Entertainment Solutions Division Intel Corp

“Matrox Video is pleased to support the EBU/Linux Foundation’s Media eXchange Layer initiative. We see MXL as an exciting step forward that reinforces the vision we have been promoting with Matrox ORIGIN for building next-generation, software-defined media infrastructure with best-of-breed choice. We look forward to contributing our expertise and collaborating with the community to advance these open standards.”
– Daniel Robinson Product Manager, Matrox

“At OBS, we are excited about the future of broadcasting, which we see as a convergence of existing IT technology and media applications built on top. Our roadmap is tightly coupled with the software-defined broadcast concept, and we believe that the MXL project is key to bridge the gap between the two.”
– Sotiris Salamouris, Chief Technology Officer at Olympic Broadcasting Services (OBS)

“Software-based production is reshaping how media is created and delivered. Real-time media exchange will be a key enabler of future innovation. The MXL Project is a major step toward fully open and flexible production platforms that will redefine future infrastructures and architectures, reducing complexity and avoiding vendor lock-in. We aim to continue and accelerate our journey toward fully software-based production and distribution on standard IT hardware — and MXL will help us move faster.”
– Dennis Buhr, head of production technology & workflow, SVT

“Software-based production is the next big step in the evolution of broadcast technology. Interoperability is a key towards a quick and widely accepted deployment of this software-defined infrastructure. Therefore, moving the MXL project to an open framework is an important first step towards an efficient and less complex broadcast production infrastructure.”
– Michael Eberhard, Director of Technology and Production at SWR (a member of ARD)

“At VRT, we are convinced that software will drive the future of media production , emphasizing  agility and interoperability. The Media eXchange Layer represents a significant milestone in developing an open, scalable, and interoperable media workflow platform. This capability will be instrumental in our new facility in Brussels, Belgium.”
– Stijn Lehaen, CTO, VRT

About the Linux Foundation 
The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world’s infrastructure, including Linux, Kubernetes, LF Decentralized Trust, Node.js, ONAP, OpenChain, OpenSSF, PyTorch, RISC-V, SPDX, Zephyr, and more. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.

About the EBU
The European Broadcasting Union (EBU) is the world’s leading alliance of public service media (PSM). It has 113 Member organizations in 56 countries and an additional 31 Associates in Asia, Africa, Australasia and the Americas.

EBU Members operate nearly 2,000 television, radio and online channels and services, and offer a wealth of content across other platforms. The EBU provides content, advocacy, training and technical innovation for a membership of public broadcasters reaching more than one billion people in nearly 160 languages. https://www.ebu.ch https://tech.ebu.ch

About NABA
NABA is a non-profit association of the most influential broadcasting organizations in North America committed to advancing the interests of broadcasters at home and internationally, and to identify and take action on technical, operational and regulatory issues affecting North American broadcasters. Both public and private network broadcasters in Canada, Mexico and the United States, work together to provide a common voice for the North American broadcast community. As a member of the World Broadcasting Unions (WBU), NABA creates the opportunity for its members to share information, identify common interests and reach consensus on issues of an international nature. www.nabanet.com

Media Contact
Noah Lehman
The Linux Foundation
nlehman@linuxfoundation.org

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SOURCE The Linux Foundation

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Kidney Patients Back Bipartisan Bill to Expand Disability Employment

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U.S. Representatives Hoyer and Sessions Lead AbilityOne Modernization Bill

Kidney Disease and Jobs are Focus of National Disability Employment Month

WASHINGTON, Oct. 23, 2026 /PRNewswire/ — The American Association of Kidney Patients (AAKP), the nation’s oldest and largest independent kidney patient advocacy organization, today announced plans to accelerate national grassroots patient advocacy in support of bipartisan legislation that will modernize the federal AbilityOne program. The American Procurement Improvement Act (APIA), H.R. 10443, is championed by U.S. Representatives Pete Sessions (R-TX) and Steny Hoyer (D-MD). AAKP defines kidney disease as both an American healthcare and workforce issue and fights to expand career opportunities and job protections for all Americans impacted by kidney disease, disabilities, and chronic diseases.

The AbilityOne program creates private sector employment opportunities for over 41,000 Americans with severe vision and other disabilities, including nearly 3,000 American Veterans. In FY 2025, the program generated nearly 48 million direct labor hours, an 8 percent increase and a significant measure of disability employment growth, with workers working and working more hours. AbilityOne delivered more than $4.7 billion in products and services to the Federal government in FY 2025 and drew discouraged workers into the U.S. labor force while supporting greater workforce participation, increasing economic independence, and self-sufficiency. The AbilityOne mission taps the underutilized workforce of people with significant disabilities to deliver high-quality, mission-essential products and services to federal agencies, including the U.S. Department of Defense and the U.S. Department of Homeland Security.

The APIA legislation removes outdated statutory barriers to hiring, retention, advancement, and movement into careers of choice, including emerging fields and new lines of business. It also modernizes federal procurement by aligning AbilityOne with contemporary procurement practices and streamlines procurement processes so the program can respond faster to emerging federal agency priorities. The APIA legislation protects taxpayer interests, strengthens program accountability and stewardship by preserving oversight, transparency, and worker protections while modernizing AbilityOne Commission authorities. The legislation is seen as an opportunity to improve federal procurement and strengthen the federal government’s domestic supplier base.

Over 36 million Americans live with kidney disease, over 600,000 are on dialysis, and nearly 100,000 are awaiting a kidney transplant. Further, interrelated cardiovascular, kidney, and metabolic diseases have impacted more than 25% of the adult population and are a leading cause of death. More broadly, the American Heart Association estimates that 90% of U.S. adults, or about 240 million people, have some degree of interconnected cardiovascular, kidney, or metabolic health conditions. For kidney patients dependent upon status-quo, in-center hemodialysis, burdensome thrice-weekly dialysis sessions force many patients, against their own choosing, into unemployment, disability, and dependency. AAKP believes dialysis-related unemployment, and the associated costs borne by families and taxpayers, is one of the media’s least-reported stories in legacy kidney care. AAKP’s policy agenda focuses on transplant readiness, more opportunities for organ transplants, more flexible, patient-centered home dialysis solutions, and stronger job protections for both kidney patients and living organ donors.

AAKP President Edward V. Hickey, III, a chronic kidney disease patient, stated, “AAKP strongly endorses the American Procurement Improvement Act (APIA) and expresses our deepest gratitude to Representatives Steny Hoyer and Peter Sessions for their bipartisan leadership and commitment to Americans managing disabilities and their efforts to secure meaningful employment opportunities with solid wages. People impacted by disability and chronic diseases face tremendous hurdles to continued employment and return to the workforce – especially America’s proud Veterans. This legislation reflects consensus language among stakeholders, including advocates, employers, and organized labor, and sends a very positive message, amid national economic concerns, that the voices and needs of disabled Americans and their families are heard and not forgotten by the U.S. Congress. We encourage Congress to step up and pass this legislation before the close of the year.” Hickey is a U.S. Marine Corps Veteran, a former senior congressional aide, and has served in appointed roles in two presidential administrations, including the U.S. Department of Commerce (DOC) and the U.S. Office of Personnel Management (OPM). At OPM, he was heavily involved in policy issues related to federal Veterans preference in civil service hiring and expanded federal job opportunities. He currently serves on the American Board of Internal Medicine’s (ABIM) Nephrology Specialty Board and as the Chair of the AAKP Veterans Health Initiative, the largest kidney health outreach program outside of the U.S. Department of Veterans Affairs.

October is National Disability Employment Month, and AAKP and its allies remind elected and appointed government leaders to address health and employment concerns that impact patients, families, and communities. Through multiple partnerships, AAKP leads the kidney community in providing kidney patients and transplant recipients, including Veterans, access to virtual job fairs and employment skills training opportunities. AAKP is currently sponsoring virtual job fairs, in partnership with CareerEco, on January 13, 2027, and May 18, 2027, that will service Veterans and military families. AAKP’s past collaborations have included webinars with Idealist and virtual disability and Veteran hiring fairs with Bender Consulting.

AAKP Vice President and Chair of Policy and Global Affairs Paul T. Conway, a 49-year kidney patient and 29-year transplant recipient, stated, “The AbilityOne program has supported private sector employment for people managing disabilities and chronic diseases for nearly ninety years and reflects the exceptional American values of self-reliance and independence. Representatives Steny Hoyer and Pete Sessions have consistently shown respect for the creativity, talents, and skills of disabled citizens and have dedicated their public careers to expanding job opportunities in the workforce and across the federal supply chain. The American Procurement Improvement Act increases accountability for taxpayer funds and will result in more well-paying jobs for Americans whose desire and capacity to work and contribute are underappreciated.” Conway is a former Chief of Staff for both the U.S. Department of Labor and the U.S. Office of Personnel Management and a former Deputy Secretary for Health and Human Resources for the Commonwealth of Virginia. He has overseen multiple federal and state disability employment, workforce training, and health service programs throughout his public career. He is the past Chair of the U.S. Food and Drug Administration’s Patient Engagement Advisory Committee (PEAC) and serves on the Observational Study Monitoring Board of the Kidney Precision Medicine Program (KPMP) administered by the National Institutes of Health, National Institute of Diabetes, Digestive and Kidney Diseases (NIH/NIDDK).

To advance the APIA, AAKP is working with former U.S. Representative Tony Coelho, Chair of the Partnership to Improve Patient Care as well as the Alliance for Expanding America’s Workforce. Along with AAKP, APIA is endorsed by over 60 national patient and disability organizations, labor unions and employers including the American Association of People with Disabilities, SEIU, Bender Consulting, National Council of SourceAmerica Employers, CEO Commission for Disability Employment, the Arc of the United States, National Organization on Disability, National Down Syndrome Society, National Disability Rights Network, National Federation of the Blind, Melwood Inc., WORK Inc., ORC Industries, Employment Source, Opportunity Center, Inc., PARC, ACHIEVE Human Services, Inc., Human Technologies, InspiriTec, PORTCO Inc, PRIDE Industries, Phoenix, Pueblo Diversified Industries, and the Association of People Supporting EmploymentFirst (APSE).

AAKP, alongside a broad and diverse coalition of patient organizations, transplant experts, and Congressional allies, is also working to secure passage of the Living Donor Protection Act (LDPA), S. 1552/H.R. 4582 and H.R. 4583, in 2026. The bipartisan bill protects living organ donors from job and insurance discrimination based solely on their decision to donate a kidney to save another life, barriers cited most often by potential organ donors. The bipartisan legislation is led by Senator Tom Cotton (R-AK) and Senator Kirsten Gillibrand (D-NY). It was voted out of the Senate HELP Committee on February 26, 2026, with full bipartisan support, the endorsement of AAKP, the larger kidney community, and the American Council of Life Insurance (ACLI).

In 2018, with bipartisan support from Congress and the Trump Administration, AAKP and transplant professionals worked with the U.S. Department of Labor’s (DOL) legal team and the DOL Wage and Hour Division to have DOL issue Family and Medical Leave Act (FMLA) protections for living organ donors, based on the original intent of the FMLA’s Congressional co-sponsors (click here to read the letter and click here to watch the video). Congressional passage of the LDPA in 2026 will codify the DOL’s 2018 FMLA job protections and prohibit insurers from discriminating against living donors. Increased living organ donation, improved transplant readiness among kidney patients, and greater opportunities for transplantation have been national goals for decades and were reinforced in 2019 through the Executive Order on Advancing American Kidney Health.

Follow AAKP on social media at @kidneypatient on Facebook, @kidneypatients on X, and @kidneypatients on Instagram, and visit https://aakp.org/ for more information. AAKP patient advocates advance bipartisan kidney policy including: passage of the bipartisan law modernizing the Organ Procurement and Transplantation Network (OPTN) (2023); lifetime transplant drug coverage for kidney patients (2020); the historic Executive Order on Advancing American Kidney Health signed by President Donald Trump (2019); job protections for living organ donors under the Family Medical Leave Act (FMLA) via the U.S. Department of Labor (2018); and Congressional approval of HIV positive organ transplants for HIV positive patients (2013).

MEDIA CONTACT:
Brendan LaCivita
National and Medical Media Specialist
blacivita@aakp.org
(813) 906-7740

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SOURCE American Association of Kidney Patients

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BioVid Launches Mimetics™, AI Research Audiences Built on How Physicians Reason and Decide

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Modeling physician response patterns and behavior, showing an 80–90% match with real physicians on content, reasoning, and emotion. 

BRISTOL, Pa., Oct. 23, 2026 /PRNewswire/ — BioVid, a life science consultancy, today announced the launch of BioVid Mimetics™, a research platform that gives pharmaceutical teams mimetics: synthetic physician audiences modeled on how those audiences reason and decide. Its respondent models are grounded in BioVid’s proprietary MindSet Modeling™ program, large-scale, multi-specialty surveys of practicing physicians that measure the mindsets shaping how they process information, make judgments, and decide. The models are aligned with secondary data on clinical practice, moving beyond generic AI role-play to model the decision logic behind treatment choices.

Like a mimetic drug, each BioVid mimetic is tested against the original: real physicians.

Prescribing data shows what physicians choose, not why. Pharma teams now face more of those “why” questions than research budgets and timelines can absorb. BioVid Mimetics™ applies the social and behavioral science of clinical judgment to model how physicians interpret evidence, weigh benefit against risk, and decide when they know enough to act.

The name comes from pharmacology, where a mimetic earns trust by doing the work of the original molecule. Every BioVid mimetic is tested against that standard, bringing the firm’s long-standing commitment to science-based research to a new method.

“At BioVid, we’ve always believed that better commercial decisions start with a deeper understanding of human behavior,” said Peggy Hirtle, CEO of BioVid. “Our goal was never simply faster or cheaper respondents. It was to reflect how physicians actually reason, with the same scientific rigor clients already trust from BioVid. Mimetics is a new way to put human understanding to work, never a replacement for it.”

“A synthetic respondent can sound right and still reason wrong. The real test is whether it reasons the way the audience does,” said Marco Barcella, Executive Director, Product & Technology at BioVid. “Where the decision warrants, we run the same study with a human cohort and a mimetic cohort and compare the findings, the reasoning, and the mental and emotional responses directly. Clients see where mimetic findings hold and where human research should lead.”

In BioVid’s validation work to date, mimetic and human cohorts have shown an 80% to 90% match on content, reasoning, and emotion across thousands of parallel tests.

BioVid Mimetics™ is available off the shelf or tailored with a client’s own primary research. It supports message and concept testing, positioning, drivers and barriers, segmentation, and opportunity assessment, and includes:

Mimetic Respondents: Mimetic or hybrid studies, with mimetic fieldwork complete in one to two weeks after receipt of required inputs, followed by a full report and readout from BioVid’s research team.

Mimetic Segments App: Segments that client teams question directly, share materials with, and return to between research waves.

Client Customization: Models tailored with a client’s own research, segment profiles, and CRM data, exclusive to that client and firewalled from all others.

To learn more, visit www.biovid.com/mimetics. 

About BioVid

BioVid is a life science consultancy applying behavioral science and AI to commercial and market access strategy. Its offerings include the CIAIRA™ AI platform, Tumor Worlds™, and BioVid Mimetics™. BioVid is a recognized leader in new product demand estimation, commercial communication optimization, and customer and patient segmentation research.

Visit www.biovid.com.

Media Contact:
Sal Zerilli, PhD, Executive Director, Knowledge and Innovation, BioVid
szerilli@biovid.com | 267.201.4008

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SOURCE BioVid

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Egan-Jones Finds Steady CLO Credit Metrics as Interest Rates Turn Higher

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Egan-Jones released its monthly report on the collateralized loan obligation (CLO) market, finding that credit metrics across the deals it rates held steady even as interest rates and high-yield spreads moved higher in September. For investors, the publication sets these steadier portfolio measures against a tighter rate backdrop.

Among Egan-Jones’ measures, the weighted average rating score, a gauge of the default risk in a deal’s underlying loans where a lower score indicates stronger credit, has improved over the past year. The share of assets rated CCC+ or lower, the weakest tier of loan ratings, has been stable to slightly lower, with a median of 6.1%. As of September 2026, Egan-Jones rated 1,568 CLO deals.

The steadier metrics come as financing conditions shift. The 5-year Treasury yield rose 60 basis points to 5.09%, its highest close of 2026, and on September 16 the Federal Reserve raised rates by 25 basis points, its first increase since 2023. High-yield spreads widened to 312 basis points from their late-August low, while new CLO issuance totaled 91 deals ($38.2 billion), down 12.5% by count from a year earlier.

Higher rates cut both ways for CLOs, according to the analysis: coupons on the underlying loans reset upward, but so do the interest burdens of the borrowers. Egan-Jones points to rising loss severity on distressed exchanges and other selective defaults, and identifies software loans, pressured by concerns over disruption from artificial intelligence, as the weakest sector in CLO portfolios.

Egan-Jones also compares its ratings with those of other agencies across 20 deals, ranking the tranches where views differ most. On that comparison, Egan-Jones currently tends to take a more positive view of CLO credit quality than other credit rating agencies. A full sample rating report on MP CLO VIII, whose largest industry exposure is High Tech Industries at 15.9%, is included.

Taken together, the findings describe a market in which issuance has eased and borrowing costs are rising, while the credit profile of Egan-Jones-rated portfolios remains stable. Watching where pressures such as software exposure and loss severity are building may help investors assess CLO risk as the rate cycle turns.

About Egan-Jones Ratings
Egan-Jones, an NRSRO founded in 1995, offers timely and accurate credit ratings and proxy services.

Media Contact:
sales@egan-jones.com
+1 212 425 0460

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SOURCE Egan-Jones Ratings Co.

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