PSL is a technology-focused valuation services company specialising in structured credit.
Our evaluated pricing service is built on a wealth of market knowledge and experience, leveraged by quantitative analysis and machine learning techniques.
Our methodology is used to satisfy fair value requirements under IFRS13 and aid prudential valuation work under the forthcoming IFRS9 requirement. The AIFMD regulatory requirement to adopt independent valuations means asset managers can benefit from our specialised expertise in structured credit.
Our "More Than a Price" philosophy means we can provide clients with an extensive amount of information around any valuation.
Our principals have over 100 years of combined experience in managing, trading, structuring and analysing all sectors of the market.
Our clients range from IPV desks within Investment Banks, through to Pension Funds. Extensive projects have been undertaken for Governments, regulatory institutions, Central Banks, and we have also worked with insurers, asset managers and deal originators.
Once set up, you can view your entire portfolio on the web and enjoy full access to the metrics that have contributed to your valuations. For illiquid assets with no direct observations, we provide even more in-depth metrics as to how the evaluated price has been constructed.
Evaluated price and observation history
View the historical evaluated prices for each bond and track the direct observations that contributed to each valuation.
Quantify liquidity in the structured credit market
Track quote counts across the market and the ratio between bid-only and offer-only quotes.
Your portfolio - priced in an instant
View your portfolios on the web and see metrics such as price, spread and the number of observations of direct and similar assets.
Learn how the market is trending
Compare how asset classes are trading relative to each other across the capital structure by using hard metrics. Hard metrics quantify the relative value between countries and asset classes, as well as the market reactions to macro events.
Deep. Dig in to the detail.
Our cash flow engine allows modelling right the way down to the loan level, enabling huge increases in detail to transactions with hundreds or thousands of collateral line items.
We can then run stochastic analyses on the deal to reveal loss distributions and tail risks.
Our tools and capabilities have seen clients benefit from our stress-testing and complex valuation work under the Solvency II regime and Basel III accord.
Flexible. Any structured credit deal can be modelled.
Prytania Solutions’ can model CLOs, CDOs, Master Trusts, and any ABS transaction, cash or synthetic. Value and risks attributable to non-securitised pools of assets can also be captured.
Features including interest rate swaps, rating constraints and various derivatives can be modelled in.
Thorough. Modelling all the way down to each underlying asset.
We can help you model each individual receivable in an underlying portfolio, giving each its own coupon, default curve, and correlation.
Powerful. Running stochastic Monte Carlo analyses.
Default curves can be assigned to each underlying credit, allowing stochastic analyses to be run on deals to reveal loss distributions on both the portfolio and each tranche.
Our team has a broad range of expertise gained from careers in investment banks, asset managers and hedge funds. We hold Degrees and PhDs in mathematics, physics, engineering and computer science from institutions such as Oxford and Cambridge.
To get in touch or to request a demo, please
Chief Technology Officer
Senior Product Manager
Head of Machine Learning
Head of Marketing
Head of Finance & Operations
The content of this website is neither an offer to sell nor a solicitation of an offer to buy an interest in any investment product or advisory service from Prytania Solutions Limited or any of its affiliates. This website should be read in conjunction with this important disclaimer.
Prytania Solutions Limited is registered in England and Wales with registered number 10500632.
Accuracy of information and availability of the Site
While we try to make sure that our website (the ‘Site’) is accurate, up-to-date and free from bugs, we cannot promise that it will be. Furthermore, we do not promise that the Site will be fit or suitable for any purpose. Any reliance that you may place on the information on this Site is at your own risk.
We may suspend or terminate operation of the Site at any time as we see fit.
Although the information posted on the Site is obtained or compiled from sources we believe to be reliable, and is posted in good faith, we do not guarantee the accuracy, completeness, or validity of any information or data appearing on the Site. Content is provided for your general information purposes only and to inform you about us and our services, news, features, and other material that may be of interest. The information is not intended to be used as the basis for investment decisions, nor should it be construed as investment, tax, or legal advice designed to meet the particular needs of an individual investor.
While we try to make sure that the Site is available for your use, we do not promise that the Site is available at all times nor do we promise the uninterrupted use by you of the Site.
Third party sites
The Site may contain hyperlinks or references to third party websites other than the Site. Any such hyperlinks or references are provided for your convenience only. Wehave no control over third party websites and accept no legal responsibility for any content, material or information contained in them. The display of any hyperlink and reference to any third-party website does not mean that we endorse that third party’s website, products or services. Your use of a third-party site may be governed by the terms and conditions of that site.
Limitation on our liability
Except for any legal responsibility that we cannot exclude in law, we are not legally responsible for any business losses or other losses you incur, suffer or allege in relation to your use of information appearing on this Site.
Events beyond our control
We will have no liability to you for any non-availability of the Site or the completeness, accuracy or omission of any information on the Site caused by any event or circumstance beyond our reasonable control including, but not limited to, strikes, lock-outs or other industrial disputes; breakdown of systems or network access; or flood, fire, explosion or accident.
Women in Finance Charter
Prytania Solutions (PSL) believes that promoting a diversified employee base can only be beneficial for our business and the wider financial services industry. PSL is a signatory to the HM Treasury's Women in Finance Charter. The UK government seeks to ensure that as many firms as possible sign the Charter and implement its recommendations thus creating a more balanced and fair industry.
As part of the charter we are committing to the following targets to promote gender diversity and balance:
• Improve gender diversity at a senior level, such that 33% of our senior management roles are held by women by September 2021.
• PSL is committed to equality of opportunity in all areas of its business. All existing and prospective partners and employees are treated in a fair and equal manner and in accordance with the law regardless of gender, marital status, race, religion, colour, age, disability or sexual orientation.