Union Planters picks Principia Partners’ treasury risk service

Union Planters, a US regional bank based in Memphis, Tennessee, has selected Principia Partners’ treasury risk service to manage the bank’s derivatives trading.

The system is expected to support Union Planters’ structured products business and also help with operational processing requirements to meet FAS 133 reporting and other workflow requirements.

Union Planters will also review the possibility of enhancing its analytics capabilities by using the system’s ability to model various assets, liabilities and derivatives.

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