SOFR Derivatives Now Available in pasVal

Complete Deal Capture and Valuations for SOFR Derivatives Now Available with pasVal

New York, NY – September 11, 2018 - Principia Partners LLC, a leading solution provider for derivative and structured finance operations, today announced the launch of its feature set to fully capture and value SOFR derivatives via subscription to their monthly online valuation service, pasVal.

As the pace quickens around US market adoption of the potential LIBOR and/or OIS replacement, SOFR, more and more participants have begun trading SOFR-based derivatives. pasVal’s support for SOFR derivatives, including those with optionality, gives users the ability to properly construct a range of SOFR derivatives, as well as price them with confidence. With pasVal, anyone can begin trading SOFR derivatives immediately, without waiting for existing system modifications or upgrades.

Dr. Douglas Long, the EVP of Product Strategy for Principia said, “our mission is to bring the power of Principia’s proven derivatives valuations to the market in the easiest-yet manner. pasVal’s simple, month-by-month subscription allows anyone who needs reliable and independent valuations to get them without also having to install or implement cumbersome tools or software. Our SOFR capabilities mean there is nothing standing in the way for someone who wants to be a player as this new rate gathers steam.”

Find more details regarding Principia at: www.ppllc.com.

About Epsilon Technologies Group

Epsilon is a vibrant capital markets technology solutions and services firm serving small and medium-sized financial institutions such as regional banks, Government-Sponsored Enterprises, and Federal Home Loan Banks. The Group’s deep expertise embraces every aspect of software development, products, data, technologies, and consulting. Epsilon offers ETS and Principia Analytic System as licensed products, and various innovative bespoke solutions across a broad set of capital markets domains. Epsilon also offers a full range of consulting services, including implementation, advisory, analytics, risk management, accounting, and data modeling.