Press Release
GE Capital Licenses Principia
Platform provides comprehensive risk oversight and ongoing surveillance
across multiple business lines and integrated hedging services
New York, NY – 14th October, 2008 - Principia Partners, the leading
solution provider for the
management and administration of structured finance operations,
today announced that GE Capital
Corporation (GECC) has acquired a global license for Principia
SFP.
Principia SFP delivers operational efficiency, comprehensive risk
oversight and ongoing surveillance
of selective portfolios managed by GE Capital Treasury. The platform
is live and will be integrated
with GE Capital Treasury’s existing treasury management systems. As
well as monitoring real-time
risk exposure and cashflows, Principia SFP automates the flow of
portfolio data into the back office.
“This is a great example of how large global institutions can use Principia for portfolio management and administration,” stated Theresa Adams, CEO and partner at Principia Partners. “Attaining transparency into investments and managing them across multiple business lines is an acute challenge in the industry today. We are delighted to see our clients leveraging the breadth and depth of our platform to manage and control risk exposure. ”
About Principia Partners
Principia Partners LLC (Principia) provides a comprehensive single platform solution for the end-to-end management of structured finance investments. Global financial institutions and independent asset managers have used the award winning Principia Structured Finance Platform since 1995 to unify investment analysis, portfolio management, risk surveillance, accounting and operational control across the breadth of structured credit assets, fixed income investments and complex derivatives.
For over 15 years Principia’s mission has been to help investors independently address the deal specific investment and cashflow analysis, valuation, risk management, reporting and due diligence requirements of structured credit investments and portfolios. Its dedicated support and continued development of functionality for structured finance instruments is accompanied by a proven and fully integrated derivative valuation framework. This overall credit investment and market risk solution delivers the robust backbone necessary for deeper investment analysis, proactive risk surveillance and operational control across the credit investment business.
Principia is based in New York, with an office in London and a technology center in Conshohocken, Pennsylvania. Principia SFP was awarded the Credit Technology Innovation award by Credit magazine in 2008, 2009 and 2010.
For press information contact:
Ben Jarrold
Tel: + 44 (0) 20 7618 1370
Email: Jarrold@ppllc.com