Put all of the ingredients, except the Parmesan cheese, parsley and basil, into a food processor; process until the mixture is a slightly chunky puree.
Transfer to a small saucepan.
Stir over low heat until warm (Do not let sauce come to a boil).
toss with hot, freshly cooked pasta in a large pot over low heat.
Remove from the heat, toss in the Parmesan cheese, parsley and basil.