Gert RaevesTowerGroup - London
09 September 2009 | 3687 views | 0 | Recommends 0
Two widely-accepted facts: valuation processes sit in the front office, reporting sits in the back.
But what's in the middle? Often, it's been a chasm where the basic details on how/when/why an asset or portfolio was priced disappear, never to be found - a problem when the regulators knock on the door.
Demand for independent price verification (I...
TagsPost-trade & opsWholesale banking