Principia Partners has launched a software-as-a-service (SaaS) version of Principia SFP, a valuation, investment analysis, and risk surveillance platform.
The service will now be accessible as an integrated Web-based service to manage vanilla and structured derivatives and fixed - income and credit investments.
Investment managers will be able to track and manage entire fixed income portfolios through a single analytical environment. This will include full support for structured finance assets, such as RMBS and MBS. Market prices and performance measures can be calculated, stored, and retrieved for analysis on request, allowing portfolio managers to project cashflows and stress tests based on forecasting assumptions.
Derivative managers, brokers, and advisors can access the Principia SFP’S portfolio and risk management modules to analyze and price derivative and fixed income transactions. Market data will be provided in the package and integrated with industry standard and proprietary models to perform valuations and risk assessments, according to the firm.
“Increasingly, portfolio managers are expressing an interest in accessing our enterprise solution for independent pricing and risk management and sometimes the infrastructure, capital or time constraints associated with an installed solution are a barrier," said Theresa Adams, president and CEO of Principia Partners. "We are excited to see so much interest in SaaS already. It delivers the highly tuned functionality for derivatives and structured finance that we are known for, but on a subscription basis without the maintenance overheads and lead times of an on premise implementation."