TPG to Provide Derivative Valuations via Principia's pasVal Service
New York, NY – July 14, 2020 - Principia Partners LLC, a leading solution provider for derivative and fixed income operations, today announced a new alliance with TPG, a leading developer of streamlined front-to-back office investment accounting and management software solutions. The offering will provide TPG clients with derivative valuation services via Principia’s online pasVal service.
“TPG shares our goal of making complex operations as accessible and easy to manage as possible; and we’re delighted with how well our pasVal service fits within TPG’s solution. We can provide their clients with the robust derivative valuations without requiring them to take on any technical burden, with almost no learning curve. pasVal provides the sophisticated valuations they need and can trust,” said Theresa Adams, President and CEO of Principia.
Slavek Rotkiewicz, President and Co-founder of TPG Software, Inc. said, “the pasVal service allows us to offer our clients an easy, economical and reliable option for valuing their derivatives. The pasVal platform leverages Principia’s 25 years of experience to manage the most complicated derivatives and provides market-proven valuations, including SOFR-based products and SOFR discounting.”
Contacts
Please contact TPG or pasVal for more information.
About TPG
Founded in 1991, TPG Software, Inc. provides investment accounting software solutions that support trading, comprehensive investment analysis and reporting, investment, liability, and derivative accounting, client safekeeping, and risk and collateral management. TPG’s mission is to provide software tools that support the complicated securities created by Wall Street, maintain solutions to comply with regulatory guidelines, and deliver products built on industry-standard software platforms while utilizing the newest technologies available. For more information, please visit https://www.tpgsoftware.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.