SVB Analytics Expands Team
Company News | November 5, 2008
"Demand for valuations to comply with increasingly complex tax regulations and new and evolving fair value accounting standards has been strong and growing since we opened SVB Analytics in 2006, and there are hundreds of private companies out there that still need our help," said Jim Anderson, president of SVB Analytics. "Jim has the valuation and consulting expertise that will help us continue to meet our clients' expanding needs for advice. We look forward to his contributions to our clients' success as well as our continued growth."
Walling joins SVB Analytics from PricewaterhouseCoopers LLP's (PwC's) Valuation Group in San Jose, where he led valuation consulting and focused on complex security and derivative valuation projects as well as tax and financial reporting valuations. Walling has more than 14 years of experience in the field and previously held leadership positions with valuation services groups at both Coopers & Lybrand and Arthur Andersen. Walling has also worked for several technology companies such as Appiant, Inc. and Quaartz Inc. and he was co-founder and CFO of ClearPath Technologies. He holds a master's degree in business administration in finance/investments from Santa Clara University and is a Chartered Financial Analyst.
About SVB Analytics
SVB Analytics is the leading provider of valuation services and corporate equity administration software for private technology and life science companies. SVB Analytics offers fair market valuations for compliance with IRC 409A and FAS 123R. eProsper, which is majority owned by SVB Analytics, offers capitalization tracking and options accounting. SVB Analytics is a member of global financial services firm SVB Financial Group (Nasdaq: SIVB), with Silicon Valley Bank, SVB Capital, SVB Global and SVB Private Client Services, which serve the unique needs of technology, life sciences and private equity firms. More information on the company can be found at www.svb.com/svbanalytics.
SVB Analytics is a non-bank affiliate of Silicon Valley Bank. eProsper is a majority-owned subsidiary of SVB Analytics and a non-bank affiliate of Silicon Valley Bank. Products and services offered by SVB Analytics and eProsper are not insured by the FDIC or any other Federal Government Agency and are not guaranteed by Silicon Valley Bank or its affiliates. SVB Financial Group does not provide tax or legal advice and clients should consult their own accountants and attorneys for such advice.
See how SVB makes next happen now for entrepreneurs like you.