QSR Management Ltd, a subsidiary of the Bank of New York, has licensed technology from Principia Partners to support its business operations.
The Principia System will be used for portfolio and risk management of structured investment vehicle (SIV) assets, liabilities and hedge derivatives.
Theresa Adams, a founding partner of the company comments: "We view this relationship as integral and strategic to our continued leadership in, and commitment to, the SIV market."