Principia Launches Online Valuation, Risk System for Derivatives
July 28, 2010
Principia Partners Wednesday launched an online version of its valuation, investment analysis and risk surveillance software, known as Principia SFP.
The web-based service can be used to “manage vanilla and structured derivatives, as well fixed income and structured credit investments,’’ the New York supplier of software for the management and administration of structured finance investments said.
“ 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,’’ said Peter Shapiro, managing director of of Swaps Financial Group, an early customer. “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.
Users now have instant online access to structure complex transactions with embedded optionality, callable features and subtle tenor and basis spread adjustments. Market data is provided and integrated with both industry standard and proprietary models to perform valuations and risk assessments.
Customers subscribe to the online service.
