The importance of CVA in a post-crisis world (part one)
Credit Valuation Adjustment (CVA) has become increasingly important in the derivatives trading world since the crisis as a way to price in the cost of counterparty risk. As such, there are an ever...
View ArticleThe importance of CVA (Credit Valuation Adjustment) in a post crisis world...
There are two ways in which a bank’s counterparty credit risk management can be made more efficient through the use of CVA. First, the allocation of credit risk appetite and second, the management of...
View ArticleInteragency guidelines on counterparty credit risk management – A good start,...
Recently, four U.S. federal agencies – Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and Office of Thrift...
View ArticleCredit and profitability
When thinking of the root causes of the recent financial crisis, clearly the unsustainable path of credit creation stands out as the central problem plaguing the financial sector. Due to the taming of...
View ArticleRegulatory Changes to Shadow Banking Bring Market Participants into the Light
A version of this blog post originally appeared in Securities Lending Times (p 16). The overarching mandate of financial reform is to mitigate the potential risks associated with systemically important...
View ArticleSunGard Viewpoint: Cash Management Tools & Strategies for Credit Risk Analysis
Vince Tolve, vice president of SunGard's brokerage business, focused on the SGN Short Term Cash Management solution, shares his thoughts on how cash management tools and strategies can enhance credit...
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