Capstead Mortgage Selects TPG Software

TPG Software Inc., a provider of financial accounting software and services, has announced that Capstead Mortgage Corp. has selected TPG's complete suite of financial accounting software, including trade capture, investment and derivatives accounting modules.

‘While we wanted to improve the functionality of our core system, we were keenly aware of the record-keeping requirements for our investment portfolio, including related borrowing and derivative activities," says Mike Brown, senior vice president and treasurer of Capstead. "Accordingly, we wanted a vendor with extensive experience in designing systems for mortgage-backed securities with a strong accounting background."
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SOURCE: TPG Software Inc.

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