Source: Principia Partners
Principia Partners, the leading software solution provider for the management of structured finance and credit investments, today announced that Serone Capital Management LLP (Serone) has chosen Principia's Software-as-a-Service (SaaS) Platform for consolidated portfolio management, risk surveillance and operational control across its European credit investment business.
"The software's track record of supporting the due diligence, risk and operational requirements of credit investment businesses was a major factor in our selection of Principia," stated Adrian King, COO of Serone. "Principia will streamline portfolio management activities across our investment mandates and will ensure we have a platform to perform the proactive risk management and reporting that our investors will demand."
"Asset management firms with a robust approach to credit investment portfolio and risk management can benefit from the breadth of support and operational controls provided by our solution," said Douglas Long, EVP Business Strategy at Principia. "We look forward to seeing Serone take advantage of the enhanced investment analysis, cashflow and risk surveillance capabilities now available to them."