Principia Partners, provider for the management and administration of structured finance operations, releases Principia SFP (Structured Finance Platform) Version 6 to meet the specific needs of structured finance portfolio managers.
New platform significantly enhances the risk monitoring and management of on- and off-balance sheet structured finance portfolios. As well it drives more transparency to on-demand portfolio reporting across multiple entities and business units.
Principia SFP Version 6 is standardized package of compliance reports and out-of-the-box accounting. It enables structured finance portfolio managers within bank treasuries, off-balance sheet operations and investment funds to summarize and analyze real-time risk exposures across the organization. With new scalable platform financial institutions managing ABS and MBS portfolios can gain greater workflow control and visibility into cash flows, risk and asset distribution.
Another zest of Principia SFP Version 6 is possibility to effectively manage and hedge global risk exposure and establish control over structured finance portfolios.
Portfolio managers and industry working groups are highlighting the importance of introducing best practices for the risk oversight and operational control of structured finance portfolios, says Douglas Long, EVP, business strategy, Principia. Consolidated and timely risk reporting and standardized accounting within an infrastructure that can aggregate portfolio data, is vital to the future growth and health of the industry.
Principia has worked with every type of organization managing these assets over the last ten years. This expertise and knowledge means we understand the unique nuances, as well as the common standard requirements and workflows that are essential for the diligent surveillance of these complex operations.
L.D.