Federal Home Loan Bank of Topeka Selects TPG Software’s Portfolio Genius

HOUSTON--(BUSINESS WIRE)--FHLBank adopts leading investment management and accounting platform.

TPG Software, Inc., a leading provider of financial services software and services, today announced the Federal Home Loan Bank of Topeka selected TPG's investment and liabilities accounting software for its investment accounting operations.

TPG provides a straight through processing solution from trade capture to investment accounting, post-trade settlement, and reconciliation to reporting and compliance. The Portfolio Genius is TPG Software’s flagship portfolio management, investment accounting and reporting solution for institutional investors.

"We are very pleased that FHLBank has selected TPG, and entrusted us with supporting their current investment accounting requirements. We have worked very closely with FHLBank staff to make sure that we are on target with respect to their requirements,” said Cory Sokoloski, VP Sales, TPG. “We continue to demonstrate that our solutions meet the growing demands of institutional investors. Our goal is to improve operating efficiency and mitigate risk while maintaining accurate and auditable accounting records.”

About Federal Home Loan Bank of Topeka

FHLBank, a privately owned, federally chartered corporation, promotes housing and homeownership by providing wholesale products and services that help member financial institutions expand the availability of mortgage credit, compete more effectively in their markets and foster strong and vibrant communities. With approximately $46 billion in assets and $2 billion in capital as of June 30, 2009, FHLBank serves nearly 875 banks, thrifts, credit unions and insurance companies throughout Colorado, Kansas, Nebraska and Oklahoma. FHLBank employs approximately 190 people and is located in Topeka, Kansas.

About TPG

TPG Software is a leading software solutions provider for bank investment portfolio accounting, funding, derivatives accounting and safekeeping, serving banks, thrifts, credit unions and broker/dealers throughout the US, Canada and Puerto Rico.