Technology Challenges when Implementing a CVA Solution
Today's risk management demands an in-depth look at risk, in particular counterparty credit risk. To better understand their exposure, firms are building or expanding their ability to calculate Credit Value Adjustment (CVA).
CVA is an adjustment to the value of a financial contract to account for counterparty credit risk making it relevant to front office traders, risk managers and those responsible for financial reporting of book value. With the lessons learned from the credit crisis and stricter regulations looming, the need for accurate and efficient CVA has never been greater.
When implementing CVA, key considerations around modelling, functionality and integration must be fully understood.
Read "Overcoming Technology Challenges in CVA Implementation" to understand:
- How to obtain profiles of expected exposure
- What the best approach is for generating scenarios
- Which capabilities are essential to handle CVA complexities
- How to minimize the impact on existing systems
Download the whitepaper today for an in-depth look at implementing CVA.