{"id":98569,"date":"2026-06-29T11:46:06","date_gmt":"2026-06-29T11:46:06","guid":{"rendered":"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/"},"modified":"2026-06-29T11:46:06","modified_gmt":"2026-06-29T11:46:06","slug":"why-srt-valuations-need-purpose-built-private-credit-valuations-software","status":"publish","type":"post","link":"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/","title":{"rendered":"Why SRT Valuations Need Purpose-Built Private Credit Valuations Software"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#_What_Makes_SRT_Valuations_Structurally_Different\" >\u00a0What Makes SRT Valuations Structurally Different<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Why_This_Matters_Business_Impact\" >Why This Matters: Business Impact<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Capital_allocation_decisions\" >Capital allocation decisions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Risk_visibility_under_stress\" >Risk visibility under stress<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Investor_and_stakeholder_confidence\" >Investor and stakeholder confidence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Operational_scalability\" >Operational scalability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Where_Generic_Valuation_Approaches_Fall_Short\" >Where Generic Valuation Approaches Fall Short<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#What_Purpose-Built_Private_Credit_Valuations_Software_Should_Deliver\" >What Purpose-Built Private Credit Valuations Software Should Deliver<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#What_a_Robust_SRT_Valuation_Setup_Looks_Like\" >What a Robust SRT Valuation Setup Looks Like<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Alignment_across_data_models_and_structure\" >Alignment across data, models, and structure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Scenario-driven_approach\" >Scenario-driven approach<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Consistency_across_time_and_portfolios\" >Consistency across time and portfolios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Embedded_governance\" >Embedded governance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/zamstudios.com\/blogs\/why-srt-valuations-need-purpose-built-private-credit-valuations-software\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/zamstudios.com\/blogs\/wp-content\/uploads\/2026\/06\/1128E891-092D-4166-8E81-C4C76FA14BAF.png\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-thumbnail  aligncenter\" src=\"https:\/\/zamstudios.com\/blogs\/wp-content\/uploads\/2026\/06\/1128E891-092D-4166-8E81-C4C76FA14BAF-150x150.png\" alt=\"\" width=\"350\" height=\"350\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400\">Significant Risk Transfer (SRT) transactions are scaling rapidly as banks look to optimize capital, manage balance sheet intensity, and respond to evolving regulatory expectations. However, while transaction structures have matured, valuation infrastructure has not kept pace.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Many institutions still attempt to value SRT exposures using frameworks designed for traditional private credit. On the surface, this seems efficient. In practice, it creates blind spots.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SRT is not simply an extension of direct lending or structured credit. It behaves differently, responds to different risk drivers, and requires a different level of modeling rigor. When valuation approaches fail to reflect this reality, the impact goes beyond reporting accuracy. It affects capital efficiency, risk visibility, and strategic decision making.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"_What_Makes_SRT_Valuations_Structurally_Different\"><\/span><span style=\"font-weight: 400\">\u00a0<\/span><b>What Makes SRT Valuations Structurally Different<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The key distinction lies in how risk is transferred and how value is derived.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a typical private credit portfolio, valuations are driven largely by borrower-level fundamentals such as credit quality, covenants, sector exposure, and comparable pricing. The unit of analysis is usually the individual loan or instrument.<\/span><\/p>\n<p><a href=\"https:\/\/www.oxanepartners.com\/resources\/client-stories\/scalable-srt-valuation-support-for-complex-credit-portfolios\"><b>Valuations for SRT<\/b><\/a><span style=\"font-weight: 400\"> changes this approach entirely.<\/span><\/p>\n<ol>\n<li><b> Portfolio behavior outweighs individual exposures<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">SRT transactions reference a pool of assets, and valuations are shaped by portfolio-level dynamics. Correlation assumptions, concentration risk, and diversification effects often matter more than the performance of any single exposure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In SRT, the focus shifts from how a loan performs individually to how a portfolio behaves under different credit conditions.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Model assumptions drive outcomes<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Valuations are heavily influenced by modeled inputs such as probability of default, loss given default, and exposure at default. Small changes in these assumptions can materially alter expected loss outcomes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Unlike traditional private credit, where market benchmarks can provide anchors, SRT requires a forward-looking and assumption-driven approach.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Tranche dynamics introduce structural complexity<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">SRT exposures sit within a capital structure defined by attachment and detachment points. Valuation therefore depends on how losses are distributed across tranches.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A tranche that appears stable in base conditions can show significant volatility under moderate stress scenarios. This makes tranche-level sensitivity analysis critical.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Limited observable market benchmarks<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Secondary market activity for SRT transactions remains relatively limited. As a result, valuations cannot rely heavily on price discovery and must instead depend on internal models and scenario analysis.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Regulatory expectations increase scrutiny<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Because SRT transactions are closely tied to capital relief, valuation approaches must meet high standards of transparency and consistency.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Outputs are subject to review by risk teams, auditors, and regulators. This raises the bar for governance and documentation.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_This_Matters_Business_Impact\"><\/span><b>Why This Matters: Business Impact<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The quality of SRT valuations has direct implications for business outcomes.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Capital_allocation_decisions\"><\/span><b>Capital allocation decisions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">SRT transactions are often executed to optimize regulatory capital. If valuations do not accurately reflect underlying risk, firms may misjudge the effectiveness of these structures and allocate capital inefficiently.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Risk_visibility_under_stress\"><\/span><b>Risk visibility under stress<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">SRT exposures are highly sensitive to changes in credit assumptions. Weak valuation frameworks can obscure downside risks, particularly in mezzanine and junior tranches.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Scenario-driven valuations provide a clearer view of how positions behave under stressed conditions.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Investor_and_stakeholder_confidence\"><\/span><b>Investor and stakeholder confidence<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Clear and consistent valuation methodologies help build confidence among stakeholders. As participation in SRT markets expands, transparency becomes increasingly important.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Operational_scalability\"><\/span><b>Operational scalability<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">As SRT volumes grow, manual workflows become increasingly difficult to sustain. What works at a small scale often fails under larger, more complex portfolios.<\/span><\/p>\n<p><a href=\"https:\/\/zamstudios.com\/blogs\/wp-content\/uploads\/2026\/06\/F0EEC429-9C2B-4361-8746-B4F0043C847D.png\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-thumbnail  aligncenter\" src=\"https:\/\/zamstudios.com\/blogs\/wp-content\/uploads\/2026\/06\/F0EEC429-9C2B-4361-8746-B4F0043C847D-150x150.png\" alt=\"\" width=\"404\" height=\"404\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_Generic_Valuation_Approaches_Fall_Short\"><\/span><b>Where Generic Valuation Approaches Fall Short<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Extending traditional private credit valuation setups to SRT often creates structural gaps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Tools built for instrument-level valuation struggle to capture portfolio interactions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Basic stress testing fails to capture tranche sensitivity<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Manual processes reduce consistency and auditability<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">These issues may not be immediately visible, but they compound over time and introduce risk.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_Purpose-Built_Private_Credit_Valuations_Software_Should_Deliver\"><\/span><b>What Purpose-Built Private Credit Valuations Software Should Deliver<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">To address SRT-specific challenges, valuation infrastructure must be designed with these requirements in mind.<\/span><\/p>\n<ol>\n<li><b> Strong data foundations<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">SRT valuations rely on granular loan-level data. Effective software should support:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Scalable ingestion across large portfolios<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Standardization of inputs from multiple sources<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Built-in validation to ensure data quality<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Reliable inputs are essential for reliable outputs.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Integrated credit modelling<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Modelling is central to SRT valuation. Solutions should enable:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Calibration of key credit assumptions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Portfolio-level correlation analysis<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Scenario testing across different credit environments<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The ability to understand how assumptions impact valuation outcomes is critical.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Accurate tranche-level analytics<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Valuations must reflect structural mechanics, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Attachment and detachment levels<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Allocation of expected losses across tranches<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Sensitivity of tranche valuations to stress scenarios<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">This level of detail is difficult to achieve using generic tools.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Transparency and auditability<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">Given regulatory expectations, valuation processes must be explainable:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Clear traceability of inputs and assumptions<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documented methodologies<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Version control for valuation runs<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Transparency supports both governance and compliance.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Continuous portfolio oversight<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">SRT valuations are not static. Effective systems should support:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Regular updates aligned with reporting cycles<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Monitoring of changes in portfolio composition<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Consistent reporting across internal stakeholders<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Valuation should function as an ongoing process rather than a one-time exercise.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_a_Robust_SRT_Valuation_Setup_Looks_Like\"><\/span><b>What a Robust SRT Valuation Setup Looks Like<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Strong SRT valuation frameworks are built on a few core principles.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Alignment_across_data_models_and_structure\"><\/span><b>Alignment across data, models, and structure<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Inputs, assumptions, and tranche mechanics must work together cohesively. Misalignment between these components is a common source of inconsistencies.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Scenario-driven_approach\"><\/span><b>Scenario-driven approach<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Base case valuation alone is not sufficient. Firms must understand how valuations evolve under varying credit conditions and identify key drivers of change.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Consistency_across_time_and_portfolios\"><\/span><b>Consistency across time and portfolios<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Valuation methodologies should be standardized and repeatable. This allows for meaningful comparisons across reporting periods and portfolios.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Embedded_governance\"><\/span><b>Embedded governance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Robust frameworks include validation, review, and documentation at each stage. This ensures outputs are both accurate and defensible.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">SRT transactions are portfolio-driven, model-intensive, and structurally complex. Treating them as an extension of traditional private credit valuation is no longer sufficient.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the market evolves, firms need valuation approaches that reflect the true nature of these exposures. This requires combining strong data foundations, rigorous modeling, and disciplined governance within a unified framework.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Purpose-built <\/span><a href=\"https:\/\/www.oxanepartners.com\/private-credit-software\/oxane-panorama\/valuations\"><b>private credit valuations software<\/b><\/a><span style=\"font-weight: 400\"> enables this shift by aligning valuation workflows with the specific demands of SRT. Solutions such as Oxane Panorama illustrate how technology can support more consistent and transparent valuation practices in an increasingly complex credit environment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The real differentiator is not just the ability to value SRT exposures, but the ability to do so with clarity, consistency, and confidence.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oxane Partners is a technology-driven solutions provider to the private credit markets. We unify our technology with deep domain expertise to provide solutions across all asset classes. <\/p>\n","protected":false},"author":19908,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[728],"tags":[48805],"class_list":["post-98569","post","type-post","status-publish","format-standard","hentry","category-finance-and-money-management","tag-private-credit-valuations-software"],"_links":{"self":[{"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/posts\/98569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/users\/19908"}],"replies":[{"embeddable":true,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/comments?post=98569"}],"version-history":[{"count":1,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/posts\/98569\/revisions"}],"predecessor-version":[{"id":98570,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/posts\/98569\/revisions\/98570"}],"wp:attachment":[{"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/media?parent=98569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/categories?post=98569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zamstudios.com\/blogs\/wp-json\/wp\/v2\/tags?post=98569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}