21 October 2017
visit www.atos.net

Principia Partners delivers credit derivatives capability

14 April 2003  |  3210 views  |  0 Principia Partners delivers credit derivatives capability

New Jersey-based Principia Partners has upgraded its Principia System to include support for credit derivative products.

The vendor says version 4.0 of its Principia System delivers a framework to calibrate, value, manage and account for credit derivatives products.

The new release covers both simple vanilla and exotic derivative instruments, including credit default swaps, options, binary swaps and swaptions, credit-linked notes and basket credit derivatives.

In addition, Principia Partners says the introduction of credit derivatives within its existing product line improves the support for credit arbitrage vehicles such as structured investment vehicles (SIVs), hedge funds and credit trading groups.

Douglas Long, Principia Partners' European head of product management, says the solution helps resolve a number of scalability, transparency and operational risk issues facing users of credit derivatives.

"We have delivered functionality that produces accurate valuation, on a proven framework that provides integrated portfolio and risk management for assets, liabilities and derivatives," says Long.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.comRegister now

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8937 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8675 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7744 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7224 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6835 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job