Principia Receives Technology Innovation Award from Credit Magazine
Principia Partners, a software provider for the management and administration of structured finance investments, has again been awarded a Technology Innovation Award by Credit Magazine. The software enables financial institutions and independent managers to consistently analyze, track, manage and report on the underlying performance of structured credit and fixed income investments.
New York, NY, November 13, 2009 --(PR.com)-- Principia Partners, a leading solution provider for the management and administration of structured finance investments, has again been selected by Credit magazine in its annual Technology Innovation Awards. Principia has been recognized in consecutive years for its continued development of Principia SFP (Structured Finance Platform). New functionality enables financial institutions and independent managers to consistently analyze, track, manage and report on the underlying performance of structured credit and fixed income investments.
Winners were selected by the publication’s editorial team following consultations with credit market participants and industry users. The magazine stated, "the awards are given to firms who have demonstrated innovation in creating new products or services that provide a clear benefit to participants in the credit market."
The article goes on to highlight the functional upgrades that Principia has made in the last 12 months: “Principia has enhanced its software by integrating risk exposure tracking for ABS, MBS and CDO investments. It includes a standard interface to define and capture collateral performance data to consistently manage the underlying behavior of these securities. Standard performance metrics make it possible to drill down into structured finance assets to analyze portfolios at the deal, tranche, collateral and credit enhancement level. Users also benefit from the ability to assess how portfolios perform under stressed scenarios, for example changing default or prepayment rates.”
“This recognition, by one of the most respected publications in the industry, is a result of our efforts to address the challenges of structured finance portfolio managers, risk and operations staff,” said Mark Kahn, EVP sales, Principia. “Organizations are looking to consistently and efficiently analyze, manage and report on their assets, in a more integrated and streamlined way. Principia SFP delivers the operational backbone to do that, reducing the burden of compliance and ensuring operational integrity throughout the structured credit investment lifecycle - from trade capture through to accounting.”
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About Principia
Principia Partners is the leading software solution provider for the management and administration of structured finance operations and portfolios. By using Principia SFP, organizations benefit from a single operational infrastructure for the end-to-end lifecycle management of their structured finance and structured credit investments. It enables consolidated operational management and control of ABS, MBS and CDO investment portfolios, regardless of asset distribution. Principia SFP integrates portfolio management activities and on-going global risk surveillance with organizations’ unique compliance and accounting requirements. This assists structured finance portfolio managers in meeting the challenges of changing regulation and compliance, incorporating standard techniques and on-demand reporting to rapidly adapt to the needs of today’s structured finance industry.
For 15 years, Principia has enabled structured finance and structured credit investment managers to gain greater control and risk oversight of their operations. The platform is used by global banks, investment funds and insurance companies as well as supporting off-balance sheet operations and rated entities such as ABCP conduits.
Principia Partners is headquartered in New York with a European office in the City of London and a technology center in Conshohocken, Pennsylvania.
For press information contact:
Ben Jarrold
Queen’s House
8-9 Queen Street
London EC4N 1SP
+44 (0) 20 7618 1370
www.principiapartners.com
Winners were selected by the publication’s editorial team following consultations with credit market participants and industry users. The magazine stated, "the awards are given to firms who have demonstrated innovation in creating new products or services that provide a clear benefit to participants in the credit market."
The article goes on to highlight the functional upgrades that Principia has made in the last 12 months: “Principia has enhanced its software by integrating risk exposure tracking for ABS, MBS and CDO investments. It includes a standard interface to define and capture collateral performance data to consistently manage the underlying behavior of these securities. Standard performance metrics make it possible to drill down into structured finance assets to analyze portfolios at the deal, tranche, collateral and credit enhancement level. Users also benefit from the ability to assess how portfolios perform under stressed scenarios, for example changing default or prepayment rates.”
“This recognition, by one of the most respected publications in the industry, is a result of our efforts to address the challenges of structured finance portfolio managers, risk and operations staff,” said Mark Kahn, EVP sales, Principia. “Organizations are looking to consistently and efficiently analyze, manage and report on their assets, in a more integrated and streamlined way. Principia SFP delivers the operational backbone to do that, reducing the burden of compliance and ensuring operational integrity throughout the structured credit investment lifecycle - from trade capture through to accounting.”
###
About Principia
Principia Partners is the leading software solution provider for the management and administration of structured finance operations and portfolios. By using Principia SFP, organizations benefit from a single operational infrastructure for the end-to-end lifecycle management of their structured finance and structured credit investments. It enables consolidated operational management and control of ABS, MBS and CDO investment portfolios, regardless of asset distribution. Principia SFP integrates portfolio management activities and on-going global risk surveillance with organizations’ unique compliance and accounting requirements. This assists structured finance portfolio managers in meeting the challenges of changing regulation and compliance, incorporating standard techniques and on-demand reporting to rapidly adapt to the needs of today’s structured finance industry.
For 15 years, Principia has enabled structured finance and structured credit investment managers to gain greater control and risk oversight of their operations. The platform is used by global banks, investment funds and insurance companies as well as supporting off-balance sheet operations and rated entities such as ABCP conduits.
Principia Partners is headquartered in New York with a European office in the City of London and a technology center in Conshohocken, Pennsylvania.
For press information contact:
Ben Jarrold
Queen’s House
8-9 Queen Street
London EC4N 1SP
+44 (0) 20 7618 1370
www.principiapartners.com
Contact
Principia Partners LLC
Ben Jarrold
+44 207 618 1370
www.ppllc.com
Ben Jarrold
+44 207 618 1370
www.ppllc.com
Contact
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