The leading platform for the management and
administration of securities arbitrage programs
The Principia Analytic System (PAS) is a comprehensive compliance reporting and operations
platform with advanced structuring capabilities and
analytics. It enables managers of securities arbitrage programs
to meet the intensive requirements of their operations
manual while
realizing
arbitrage
opportunities.
Our solution has enabled these managers to rapidly adapt
their business model while maintaining all
aspects of their operation.
- Rapid, accurate modeling of all assets, liabilities and hedging derivatives on a single platform
- Support for synthetic and cash assets
- Rapid deal capture capabilities for dynamic asset management
- Advanced portfolio management and asset monitoring capabilities for seamless reporting and operations
- Intuitive hedge management functionality
Cashflow and Exposure Analysis
- Robust surveillance of asset performance and diversification
- Advanced risk and sensitivity analysis across all instruments
- Comprehensive liquidity and funding management
- Addresses the numerous subtleties required for compliance
- Integration of proprietary capital models
Operations and Administration
- Full reporting suite of standardized rating agency compliance tests
- Intuitive management of all administrative data and fees
- Implementation of operating manual, surrounding controls, audits and reports that monitor compliance
- Standard chart of accounts enables rapid system implementation
Groups managing securities arbitrage programs require the same level of operations as large banks (systems for analysis, deal capture, accounting, risk management, etc.), but typically have much leaner staffs, correspondingly smaller budgets, and shorter implementation timeframes. The need for a single system that can handle all the elements involved in running these operations is critical, and PAS meets this need.
| Daily Securities Compliance Tests |
| Market Risk Sensitivity Tests • Parallel Yield Curve Shift • Point-by-Point Yield Curve Shift • Foreign Exchange Rate Shift Diversification Tests Liquidity Risk Tests Leverage and Capital Adequacy |
Sample Securities Cashflow Report