Houston, TX – July 15, 2020
TPG Software, Inc., a forerunner in streamlined, front-to-back office investment accounting and management solutions, today announced a strategic collaboration with Principia Partners LLC, a leading solution provider for derivative and fixed income operations. The coalition benefits TPG clients with derivative valuation services via Principia’s online pasVal service.
Principia provides enormous value allowing TPG’s solutions to leverage their expertise to help make complex operations accessible and more manageable. Slavek Rotkiewicz, President and Co-founder of TPG Software, Inc. relates, “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.”
Principia concurs: “we’re delighted with how well our pasVal service fits within TPG’s solution. Through this relationship, clients will be provided with robust derivative valuations without requiring them to take on any technical burden, and with almost no learning curve. pasVal provides the sophisticated valuations they need and can trust,” says Theresa Adams, President and CEO of Principia. For more information, please visit www.pasVal.com.
Founded in 1991, Houston’s TPG Software, Inc., is a pioneer in investment accounting and management solutions with the mission to provide front-middle-back office accounting software and tools that support the complicated securities created by Wall Street, and TPG maintains those solutions to comply with regulatory guidelines. TPG’s creative and intuitive investment accounting software solutions support trading, comprehensive investment analysis and reporting, investment, liability, and derivative accounting, client safekeeping, and risk and collateral management for the financial industry. For more information visit www.tpgsoftware.com.