Principia expands client base

Principia, the structured finance technology provider, is rolling out its Structured Finance Platform (SFP) to structured investment vehicle capital note holders and other investors. The recent upheaval in the ABS and MBS markets has highlighted a need for a “strong operational backbone”, notes Principia, which has traditionally not been a priority for SIV capital note investors and other portfolio managers. “SFP can address the need for increased surveillance and risk management at a time