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Press Release

Serone Capital Selects Principia SFP for its Credit Investment Business

New York, NY – Jan 17, 2012 - Principia Partners, the leading software solution provider for the management of structured finance and credit investments, today announced that Serone Capital Management LLP (Serone) has chosen Principia’s Software-as-a-Service (SaaS) Platform for consolidated portfolio management, risk surveillance and operational control across its European credit investment business.

“The software’s track record of supporting the due diligence, risk and operational requirements of credit investment businesses was a major factor in our selection of Principia,” stated Adrian King, COO of Serone. “Principia will streamline portfolio management activities across our investment mandates and will ensure we have a platform to perform the proactive risk management and reporting that our investors will demand.”

“Asset management firms with a robust approach to credit investment portfolio and risk management can benefit from the breadth of support and operational controls provided by our solution,” said Douglas Long, EVP Business Strategy at Principia. “We look forward to seeing Serone take advantage of the enhanced investment analysis, cashflow and risk surveillance capabilities now available to them.”  

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 over 15 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. Its 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. Principia SFP was awarded the Credit Technology Innovation award by Credit magazine in 2008, 2009 and 2010.

For press information contact:
Ben Jarrold
Tel: + 44 (0) 20 7618 1370
Email: Jarrold@ppllc.com