Vichara Technologies to participate in CLO Summit 2013


(New York: November 13, 2013): Vichara Technologies, Inc., a leading Capital Markets technology firm specializing in trading, valuation and risk management solutions for structured products, today announced that Steve Segretta, Head of Vichara’s CLO and Corporate Credit Products, will represent Vichara in a panel discussion on the dynamics of CLO analysis at the Opal Financial Group’s CLO Summit in Dana Point, California.

The CLO Summit, scheduled to be held from December 8 – 10, will cover various CLO aspects including the current state of the CLO market, the future outlook, advanced techniques for analyzing CLOs, best operational practices, legal and regulatory issues etc.

The panel will focus on relative value in the CLO market and will include senior executives from Apollo Credit Management, Jefferies, Sankaty Advisors, Greensledge Capital Markets and Morgan Stanley. Steve will address how technology can be used to identify and quantify investment risk and highlight relative value opportunities.

Vichara is a sponsor of the conference and will also be exhibiting at the conference. During the event, the team will demonstrate how Vichara’s structured finance solutions address critical data and analytics requirements and help investment managers better manage large credit portfolios.

“The CLO market in the US has seen issuances of more than $60 billion this year, surpassing last year’s by a good margin and validating that CLOs continue to be a key part of institutional investors’ portfolios.” remarked Steve Segretta. Further he added, “Our V* CLO platform incorporates many features to help investors navigate risk as the market continues to expand. We are excited about the positive feedback we have received from our clients and the increased interest we continue to see with regard to our platform.”