Principia Offers New Services for Easier
DFAST Reporting
New York, NY – January 22, 2015 - Principia Partners, a leading solution provider for derivatives market participants and structured finance investors, today announced that it will now offer a new service for use in performing DFAST (Dodd-Frank Act Stress Testing) valuations for baseline, adverse, and severely adverse scenarios.
The new service allows subscribers to upload their portfolio and revalue for each scenario and each of the nine reporting quarters required by DFAST. Principia provides the upload mechanism and the models pre-calibrated to the stressed curve and volatility shocks for compliance with the Rates DV01 and Rates Vega scenarios specified in the DFAST instructions. Provision of these scenarios allows clients to leverage Principia’s expertise in structured product valuations and more quickly and easily perform their DFAST and publish their results.
“We are very pleased to be able to offer this new service to all the entities required to comply with DFAST reporting requirements. We feel we are in a unique position to help entities make light work of a heavy-duty reporting requirement and we look forward to providing this service to existing and new customers alike” said Theresa Adams, President and CEO of Principia.
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 nearly 20 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. Principia’s 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.