Portfolio Services
FIRVA has customized portfolio services including enhanced analytics, risk management, and reporting. FIRVA provides real time monitoring of Municipal issuers and loans. Investors can monitor multiple line items throughout the period of engagement. FIRVA reports on Economic and Demographic performance and Industry concentrations.
Investment
FIRVA provides advice and services for investment management related problems. Solutions are provided for the enhancement of Trading, Research, and Portfolio Management.
Valuation
FIRVA provides municipal valuations including specialized valuations for hard to analyze securities. FIRVA provides valuations for publicly traded securities, private placements and loans. FIRVA provides documentation and inputs for valuations that are consistent with the highest industry standards for Auditors and Regulators. FIRVA provides valuations for Municipal Investments that … “confirm the spread to U.S. Treasuries is consistent with bonds of similar credit quality”.
Classification and OTTI
FIRVA provides clients with a framework and support for providing investment grade determination. The Internal Credit Score Reports include documentation that allows investors to avoid classifying non-rated or high quality securities as substandard. Because FIRVA forecasts cashflows, including losses as a part of our valuation process, FIRVA can provide supporting documentation for Other Than Temporary Impairment (OTTI). FIRVA can also provide Current Expected Credit Losses (CECL) when these regulations are implemented.
Investment Policy
FIRVA provides sample investment and OTTI policy statements that incorporate our independent analytics and reporting into client enterprise policies, practices and processes.
Regulatory
FIRVA helps clients with regulatory matters related to investments including risk management and credit risk. FIRVA provides real-time pre-purchase fundamental credit analytics for investors independent of the Pulbic Rating Agencies and Broker Dealer Community.
Board Meetings
FIRVA regularly attends client Board Meetings to help with the education and information transfer of municipal bond credit risk to Board Members. FIRVA can help board members understand pending regulations, prepare for market risk, and fully understand FIRVA Models for regulatory due diligence requirements.
Other Advisory and Consulting
Because of FIRVA’s experience with startups and the financial services space, we have helped firms with a variety of related specialties including Technology, Product, Operations, Marketing, Legal, Sales and the three components of Investment Management, Portfolio Management, Research/Analytics, and Trading.