17 August 2017
Find out more

Principia Partners delivers credit derivatives capability

14 April 2003  |  3170 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.niceactimize.comvisit www.worldpaymentsreport.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10315 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9687 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9561 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8517 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7994 views comments | 1 tweets | 2 linkedin