News

Commerzbank Securities licenses the Principia System to manage its London-based ABS/MBS business

Wednesday 2 June 2004 20:31 CET | News

Commerzbank Securities has licensed the Principia System to manage its London-based asset-backed and mortgage-backed securities (ABS and MBS) portfolio. Commerzbank Securities is the fully integrated investment banking division of Commerzbank AG, one of Europes leading banks.Commerzbank Securities will use Principias advanced trade capture, portfolio management and risk management for its rapidly growing global ABS/MBS portfolio. The Principia System offers an integrated platform that can seamlessly process a broad array of financial instruments through an entire lifecycle from deal capture to accounting. The ability to flexibly structure portfolio views and compositions using exacting user-defined criteria allows users to leverage the integrated nature of the system.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords:
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce