The module’s functionality includes the ability to stress forward cash flow projections and quantify the effects of interest rate risk shifts +/-400 basis points on portfolio. TPG claimed that the module also calculates total return, price, yield, average life, modified duration, convexity, and capital exposure under ‘what-if’ scenarios.
Slavek Rotkiewicz, president and chief technology officer of TPG Software, said: “The Portfolio Genius Analytics Module is a cost-effective solution that enables financial institutions to comply with new FDIC regulatory standards and includes analytics for Other-Than-Temporarily Impaired (OTTI) assets. All data generated by the system can be exported for use by third party analytic, reporting, and graphic packages, etc.”
TPG Software is a software solutions provider for institutional investors including banks, thrifts, credit unions, REITs, and broker/dealers throughout the US, Canada, and Puerto Rico.
