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| April 09, 2008 |
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 Primatics Consulting is Accepted into the General Services Administration's (GSA) Mission Oriented Business Integrated Services (MOBIS) Program. |
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| March 05, 2008 |
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| Primatics Financial hosts SIFMA Regional Capital Markets Conference. |
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| November 12, 2007 |
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| Michael C. May, Senior Vice President, Multifamily Sourcing for Freddie Mac has accepted to join the advisory council of Primatics Financial. |
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| June 27, 2007 |
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| Peter
Fitzsimmons, Managing Principal and Founder of Redwood Community Capital
has accepted to join the advisory council of Primatics Financial, a financial
consulting and systems Company based in Mclean, Virginia. |
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| May 15, 2007 |
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| Ira
Strassberg, Senior Vice President and Chief Financial Officer of Walker & Dunlop and Green Park Financial and former managing director for
business consulting and systems integration firm BearingPoint, Inc joins
Primatics Financial Advisory Council. |
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| April 15, 2007 |
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| Nazir
Dossani, former Senior Vice President for Freddie Mac joins Primatics Advisory
Council. Mr. Dossani was responsible for Freddie Mac’s portfolio management,
including asset acquisition, funding, risk management, research and modeling
for portfolios. |
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| Whether you are managing small, medium-sized
or large fixed-income portfolios, Primatics Financial
provides the accounting compliance, analytics, valuation,
and risk management solutions to make your business successful.
A leading-edge advisory and product solutions firm,
Primatics is widely recognized for its ability to combine
innovation with extensive domain expertise - bridging
the gap between data, analytics, accounting, and technology
to deliver progressive, end-to-end solutions. |
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| Primatics Consulting solutions
focus on relieving pain points felt by banks,
capital market firms and other financial institutions
that inhibit growth. Our mission is to "help
our clients better manage costs and risks
while enabling growth." Instead of offering
resumes and one-off resources for you to manage
and assume all the risk, we partner with you
to get the job done. We are solutions-oriented
and invest in our internal methodologies and
tools to offer our clients the highest quality. Within
this industry, we primarily focus on: |
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| Loans/Mortgage Servicing
Assets and Securitization Accounting |
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With the introduction of new
accounting standards such as FAS 159 and a
string of high profile financial re-statements
mostly relating to FAS 91, FAS 133, and FAS
140 / FIN 46(r), never has the oversight of
financial institutions been so microscopic.
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| Credit Risk Analytics
and Active Portfolio Management of High Risk
Loans |
| With the rise in delinquencies
along with strained housing prices and complex
loans with payment shocks, “holders”
of loans / securities with embedded credit
risk will lose value, resulting in significant
impairment hits, increases in capital reserves,
and realization of losses resulting from foreclosures.
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| Pricing/Valuation
(Fair Value Services) |
| With the industry moving towards
a more fair value approach to financial reporting
(e.g., with the adoption of FAS 159), the
burden of controls and compliance move from
accounting to an accurate, reliable and controlled
way to value and price loans and securities.
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| Compliance and Disclosures |
| Given the current volatile
sub-prime market environment, the burden of
compliance has become both significant and
expensive to implement. Corporations are already
struggling with existing compliance/disclosures
resulting from Reg A-B and BASEL II. |
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| Primatics Systems offers the Evolv suite of product
solutions geared towards the fixed income
market in the area of loan accounting and risk management |
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| As a CFO or Controller of a financial institution, |
| you have likely experienced
the pain associated with bad data, operational
timing issues, cost prohibitive manual accounting
processes, current large operational systems
that focus on tracking loans and can handle
cash entries but lack a single source of loan
data and critical accounting functionality.
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