Bayerische Landesbank Selects Principia System

Wednesday 7 July 2004 15:28 CET | News

Bayerische Landesbank has licensed the Principia System to administer its asset-backed commercial paper conduit programs.

The bank will leverage Principias robust functional straight-through-processing capabilities to achieve complete trade lifecycle management including trade capture, portfolio management, risk management and compliance reporting. A global leader in the securitization market, Bayerische Landesbank will administer its asset-backed commercial paper conduit programs on the Principia System. The bank will maintain the assets it finances through its ABCP conduits, including asset-backed securities (ABS) and mortgage-backed securities (MBS), as well as the commercial paper that it issues, on the Principia System.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce