Principia Deploys Web Platform for Independent Valuation and Risk Surveillance of Investments and Derivatives
Principia Partners, a leading provider of software for the capital markets and structured finance industry today launched fully hosted, online version of Principia SFP. The valuation, investment analysis and risk surveillance platform is now accessible as an integrated web-based service to manage vanilla and structured derivatives, as well fixed income and structured credit investments.
New York, NY, July 29, 2010 --(PR.com)-- Principia Partners, a leading provider of software for the management and administration of structured finance investments today launched a software-as-a-service (SaaS) version of Principia SFP. The valuation, investment analysis and risk surveillance platform is now accessible as an integrated web-based service to manage vanilla and structured derivatives, as well fixed income and structured credit investments.
Swaps Financial Group, a leading US independent derivatives advisor was an early adopter of the solution. Peter Shapiro, Managing Director of Swaps Financial Group said, “Principia allows us to perform the independent valuations, portfolio analysis and risk assessment needed to ensure our clients get the best pricing and terms from derivative dealers and the on-demand transparency to manage their portfolios. Its models were developed on the trading floor and are unique in their ability to capture and price nuances of certain complex swaps used by our institutional investor and major debt issuing clients. It’s also integral to the portfolio wide risk oversight and cashflow reports we provide.”
Derivative managers, brokers and advisors can access Principia SFP’s Portfolio and Risk Management modules to analyze and price derivative and fixed income transactions. For over 15 years the capital markets industry has implemented the software to independently price derivatives - from simple valuations on plain vanilla swaps, to complex hedge and scenario analyses of portfolios containing structured derivatives. Users now have instant online access to structure even the most complex transactions with embedded optionality, callable features and subtle tenor and basis spread adjustments. Market data is provided in the package and integrated with both industry standard and proprietary models to perform valuations and risk assessments.
Investment managers benefit from a single analytical environment to track and manage entire fixed income portfolios, including full support for structured finance assets, such as RMBS and ABS. The deal structure for any given deal can be modeled and performance and cash-flow data integrated for detailed investment analysis and risk oversight. Current market prices and performance measures can be calculated, stored and retrieved for analysis on request. Portfolio managers can then project cashflows and stress test based on forecasting assumptions of default, prepayment or interest rates. Ongoing portfolio risk oversight reports then help to ensure portfolios are being managed diligently and within the parameters established by an organization’s investment guidelines.
With the SaaS delivery model the power and breadth of Principia SFP is available on a low risk subscription basis, in an environment that dramatically improves time-to-market. Infrastructure management is outsourced to Principia and the barriers to implementation and maintenance costs associated with in house builds are eliminated.
“Increasingly, portfolio managers are expressing an interest in accessing our enterprise solution for independent pricing and risk management but sometimes the infrastructure, capital or time constraints associated with an installed solution are a barrier. We are excited to see so much interest in SaaS already. It delivers the highly tuned functionality for derivatives and structured finance that we are known for, but on a subscription basis without the maintenance overheads and lead times of an on premise implementation,” said Theresa Adams, President and CEO, Principia Partners.
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About Principia
Principia Partners is the leading software provider for the management and administration of structured finance and credit investment operations. Some of the largest investors in structured credit, ABS, MBS and CDOs use Principia SFP as the operational backbone for their portfolios. It helps organizations to consistently integrate the management, analysis and reporting of their investments and all associated liabilities and hedges.
On a single platform, clients can perform the full range of portfolio management, cash-flow and exposure analysis, compliance, risk reporting and accounting activities demanded by their business. Operational inefficiencies associated with spreadsheets and undedicated systems are reduced by integrating these activities on a unified platform that addresses the challenges unique to the management of structured finance operations.
Principia SFP’s powerful analytics and ability to apply deal, cash-flow and performance data consistently by interfacing with leading industry providers empowers managers to better understand their investments. On an ongoing basis, users have the control to track, analyze and evaluate risk exposures at the deal, tranche or collateral level and gain a consolidated view of risk across any number of portfolios. The auditable operational environment provides the flexibility needed to adapt to changing management, regulatory and accounting mandates and ensure transparency at every stage of the portfolio lifecycle.
For 15 years, the platform has been used by global commercial banks, insurance companies and investment managers, as well as supporting off-balance sheet operations 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:
Principia
Ben Jarrold
jarrold@ppllc.com
+44 (0) 20 7618 1370
www.principiapartners.com
Swaps Financial Group, a leading US independent derivatives advisor was an early adopter of the solution. Peter Shapiro, Managing Director of Swaps Financial Group said, “Principia allows us to perform the independent valuations, portfolio analysis and risk assessment needed to ensure our clients get the best pricing and terms from derivative dealers and the on-demand transparency to manage their portfolios. Its models were developed on the trading floor and are unique in their ability to capture and price nuances of certain complex swaps used by our institutional investor and major debt issuing clients. It’s also integral to the portfolio wide risk oversight and cashflow reports we provide.”
Derivative managers, brokers and advisors can access Principia SFP’s Portfolio and Risk Management modules to analyze and price derivative and fixed income transactions. For over 15 years the capital markets industry has implemented the software to independently price derivatives - from simple valuations on plain vanilla swaps, to complex hedge and scenario analyses of portfolios containing structured derivatives. Users now have instant online access to structure even the most complex transactions with embedded optionality, callable features and subtle tenor and basis spread adjustments. Market data is provided in the package and integrated with both industry standard and proprietary models to perform valuations and risk assessments.
Investment managers benefit from a single analytical environment to track and manage entire fixed income portfolios, including full support for structured finance assets, such as RMBS and ABS. The deal structure for any given deal can be modeled and performance and cash-flow data integrated for detailed investment analysis and risk oversight. Current market prices and performance measures can be calculated, stored and retrieved for analysis on request. Portfolio managers can then project cashflows and stress test based on forecasting assumptions of default, prepayment or interest rates. Ongoing portfolio risk oversight reports then help to ensure portfolios are being managed diligently and within the parameters established by an organization’s investment guidelines.
With the SaaS delivery model the power and breadth of Principia SFP is available on a low risk subscription basis, in an environment that dramatically improves time-to-market. Infrastructure management is outsourced to Principia and the barriers to implementation and maintenance costs associated with in house builds are eliminated.
“Increasingly, portfolio managers are expressing an interest in accessing our enterprise solution for independent pricing and risk management but sometimes the infrastructure, capital or time constraints associated with an installed solution are a barrier. We are excited to see so much interest in SaaS already. It delivers the highly tuned functionality for derivatives and structured finance that we are known for, but on a subscription basis without the maintenance overheads and lead times of an on premise implementation,” said Theresa Adams, President and CEO, Principia Partners.
###
About Principia
Principia Partners is the leading software provider for the management and administration of structured finance and credit investment operations. Some of the largest investors in structured credit, ABS, MBS and CDOs use Principia SFP as the operational backbone for their portfolios. It helps organizations to consistently integrate the management, analysis and reporting of their investments and all associated liabilities and hedges.
On a single platform, clients can perform the full range of portfolio management, cash-flow and exposure analysis, compliance, risk reporting and accounting activities demanded by their business. Operational inefficiencies associated with spreadsheets and undedicated systems are reduced by integrating these activities on a unified platform that addresses the challenges unique to the management of structured finance operations.
Principia SFP’s powerful analytics and ability to apply deal, cash-flow and performance data consistently by interfacing with leading industry providers empowers managers to better understand their investments. On an ongoing basis, users have the control to track, analyze and evaluate risk exposures at the deal, tranche or collateral level and gain a consolidated view of risk across any number of portfolios. The auditable operational environment provides the flexibility needed to adapt to changing management, regulatory and accounting mandates and ensure transparency at every stage of the portfolio lifecycle.
For 15 years, the platform has been used by global commercial banks, insurance companies and investment managers, as well as supporting off-balance sheet operations 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:
Principia
Ben Jarrold
jarrold@ppllc.com
+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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