SANTA CLARA, Calif., November 5, 2008 - Corporate valuation services expert SVB Analytics is growing its team with the addition of a chief operating officer to support increased client demand. Valuations veteran James Walling will manage SVB Analytics' valuations services team, which counts more than 950 clients to date. SVB Analytics currently offers company valuations, and through its subsidiary eProsper, corporate equity tracking and option accounting software for FAS 123R. In addition, SVB Analytics publishes studies on entrepreneur and investor behavior, based on SVB's extensive history with these types of companies. SVB Analytics is a member of SVB Financial Group with Silicon Valley Bank.
"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
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