22 October 2017
visit www.avoka.com

Icap and Fincad add CVA to Fair Value Insight

03 February 2010  |  2241 views  |  0 Source: Fincad

ICAP (IAP.L), the world's premier interdealer broker and provider of post trade services, and FINCAD, the leading global provider of financial analytics, announced today the addition of Credit Value Adjustment (CVA) to Fair Value Insight.

Credit valuation adjustments are required to meet fair value and mark-to-market regulatory requirements (FAS 157/IFRS 7). Fair Value Insight now includes the ability to calculate CVA and a facility to enter proprietary credit curves, so once trade details and credit curves are entered Fair Value Insight does the rest. A full expected exposures table is also provided which can be downloaded for further analysis.

Fair Value Insight is an affordable Software-as-a-Service (SaaS) derivatives valuation solution built with FINCAD's industry standard analytics and ICAP's unrivaled market data. The solution provides accurate, transparent valuations for OTC derivatives and fixed income securities. Customers can save time and enhance the visibility of their derivatives positions by having reports automatically delivered via email.

"The addition of Credit Value Adjustment calculations to Fair Value Insight addresses the stringent regulations requiring derivative users to incorporate credit risk in their portfolio valuations," said Bob Park, President and CEO, FINCAD. "Fair Value Insight not only provides the ability to include this adjustment but also provides complete views of models, assumptions and documented methodology to help with regulatory compliance."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.innotribe.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15135 views comments | 17 tweets | 29 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13490 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9933 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9908 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8914 views comments | 9 tweets | 18 linkedin

Featured job

Find your next job