Houston - July 25, 2019
TPG Software, Inc. is working to augment our new CECL Module with credit assumptions available through FIRVA’s Online Workstation for Municipal issuers, including non-rated bonds, private placements and loans. FIRVA provides output for purposes of CECL calculations in its portfolio reports that TPG has integrated into its system. TPG’s partnership with FIRVA was borne out of a common client’s use of TPG’s system and FIRVA portfolio reports, which include CECL calculations.
Please contact us if you are interested in learning more about how this joint solution can help you address CECL compliance.
Founded in 2004, FIRVA is a Registered Investment Advisor that provides independent credit analysis to fixed income investors and lenders. FIRVA has provided Municipal Credit research to over 200 banks and institutional clients. FIRVA specializes in Municipal credit Surveillance Reporting and Research. FIRVA has multiple core investment professionals who are technology and investment-oriented people. FIRVA provides proprietary services and technology on a fee basis to clients across the country. For more information, please visit https://www.firvaadvisory.com/.
About TPG Software, Inc.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/.