Credit valuation adjustment

Marchesi Frescobaldi presents Tenuta Perano 2021 Chianti Classico DOCG

Retrieved on:

Friday, November 3, 2023

Hand, Steel, Fruit, Weather, Mouth, Wine, Polyphenol, Heart, Credit valuation adjustment, Sunlight, Nose, Viticulture, Gaiole in Chianti

GAIOLE IN CHIANTI, Tuscany, Nov. 3, 2023 /PRNewswire-PRWeb/ -- The 2021 vintage is fully ready to be enjoyed, and its ruby-red appearance, pronounced, fruit-rich aromas, and elegant, silky tannins make it a true standout. It is a wine with a carefully-honed character made with fruit from an extraordinary growing year and unparalleled terroir, finally put together in the cellar.

Key Points:

Chianti Classico Tenuta Perano is grown on the hillsides of Gaiole in the heart of Chianti Classico, with vineyards lying at an elevation of 500 meters.
Their south-southwest exposure and natural conch-shaped site give them intense sunlight and help concentrate the sun's warmth.
Overall, favorable weather marked the 2021 growing year, with a mild winter followed by a likewise temperate spring, which encouraged optimal vine development.
Tenuta Perano Chianti Classico 2021 has a brilliant ruby red appearance.

Banco Sofisa partners with Finastra to elevate its risk management strategy

Retrieved on:

Monday, May 8, 2023

Software as a service, Potential future exposure, Value at risk, PFE, Risk management, Microsoft, Treasury, Credit valuation adjustment, Microsoft Azure, Growth, Azure, CVA, Var, Finastra, Vaccine, Online shopping, Risk

LAKE MARY, Fla., May 8, 2023 /PRNewswire/ -- Finastra today announced that Banco Sofisa, a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk, a market and credit risk solution. Delivered via Finastra's FusionFabric.cloud and hosted on Microsoft Azure, Vector Risk enables the bank to control the risk of new products with no impact on IT resources.

Key Points:

LAKE MARY, Fla., May 8, 2023 /PRNewswire/ -- Finastra today announced that Banco Sofisa , a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk , a market and credit risk solution.
Delivered via Finastra's FusionFabric.cloud and hosted on Microsoft Azure, Vector Risk enables the bank to control the risk of new products with no impact on IT resources.
Upon establishing a derivatives desk in 2022, Banco Sofisa determined it needed to quickly and efficiently deploy a risk management solution to support its new product strategy.
"Vector Risk's solution on FusionFabric.cloud enables Banco Sofisa to better compete with the larger banks in Brazil, offering the tools it needs to analyze risk," said Francisco Neto, Solution Consultant – Treasury and Risk Management, Americas at Finastra.

Banco Sofisa partners with Finastra to elevate its risk management strategy

Retrieved on:

Monday, May 8, 2023

LAKE MARY, Fla., May 8, 2023 /PRNewswire/ -- Finastra today announced that Banco Sofisa, a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk, a market and credit risk solution. Delivered via Finastra's FusionFabric.cloud and hosted on Microsoft Azure, Vector Risk enables the bank to control the risk of new products with no impact on IT resources.

Key Points:

LAKE MARY, Fla., May 8, 2023 /PRNewswire/ -- Finastra today announced that Banco Sofisa , a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk , a market and credit risk solution.
Delivered via Finastra's FusionFabric.cloud and hosted on Microsoft Azure, Vector Risk enables the bank to control the risk of new products with no impact on IT resources.
Upon establishing a derivatives desk in 2022, Banco Sofisa determined it needed to quickly and efficiently deploy a risk management solution to support its new product strategy.
"Vector Risk's solution on FusionFabric.cloud enables Banco Sofisa to better compete with the larger banks in Brazil, offering the tools it needs to analyze risk," said Francisco Neto, Solution Consultant – Treasury and Risk Management, Americas at Finastra.

Wells Fargo Announces Markets Leadership Team in the Corporate & Investment Bank

Retrieved on:

Thursday, May 5, 2022

Wells Fargo & Company (NYSE: WFC) today announced the formation of six distinct businesses within the Corporate & Investment Banks (CIB) Markets group.

Key Points:

Wells Fargo & Company (NYSE: WFC) today announced the formation of six distinct businesses within the Corporate & Investment Banks (CIB) Markets group.
The leaders of each business line report directly to Mike Riley and Dan Thomas, co-heads of Markets.
Effective immediately, CIBs Markets group consists of the following six business lines:
Equities, co-led by Judith Barry, head of Equity Products Distribution, and D.J.
News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Global Top 5 Business Jet Manufacturers - 2022 Strategic Factor Analysis Summary Framework Analysis - ResearchAndMarkets.com

Retrieved on:

Tuesday, January 4, 2022

The framework generates an insightful strategic snapshot and a quantitative SFAS score for each company by identifying, weighing, prioritizing & ranking significant strategic factors present in the internal & external environments through an Internal Factor Analysis Summary (IFAS) matrix & External Factor Analysis Summary (EFAS) matrix respectively.

Key Points:

The framework generates an insightful strategic snapshot and a quantitative SFAS score for each company by identifying, weighing, prioritizing & ranking significant strategic factors present in the internal & external environments through an Internal Factor Analysis Summary (IFAS) matrix & External Factor Analysis Summary (EFAS) matrix respectively.
These strategic factors are then ranked based on their strategic significance & potential degree of impact along with each respective company's corresponding degree of responsiveness to these factors.
The final Strategic Factor Analysis Summary (SFAS) matrix amalgamates the IFAS & EFAS matrices into a single matrix followed by a re-evaluation & second level ranking & responsiveness rating, which leads to the generation of an overall score, thus, providing a holistic, overarching strategic view on each industry OEM.
Global Demand Projections for Key Market Segments: Through 2030 - Based on Aircraft Size (Light, Medium & Heavy Jets)
View source version on businesswire.com: https://www.businesswire.com/news/home/20220104005705/en/

Global Top 7 Medium & Heavy Truck Manufacturers 2021 Report - Featuring Daimler, Volvo, MAN, Scania, PACCAR, Navistar and Iveco - ResearchAndMarkets.com

Retrieved on:

Thursday, December 23, 2021

The objective of the analysis is to assess as to how favorably is each company positioned against the prevailing market backdrop and how responsive it is to the nature & pace of changes taking place within its internal and external environment respectively.

Key Points:

The objective of the analysis is to assess as to how favorably is each company positioned against the prevailing market backdrop and how responsive it is to the nature & pace of changes taking place within its internal and external environment respectively.
The framework generates an insightful strategic snapshot and a quantitative SFAS score for each OEM by identifying, weighing, prioritizing & ranking significant strategic factors present in the internal & external environments through an Internal Factor Analysis Summary (IFAS) matrix & External Factor Analysis Summary (EFAS) matrix respectively.
These strategic factors are then ranked based on their strategic significance & potential degree of impact along-with each respective company's corresponding degree of responsiveness to these factors.
The final Strategic Factor Analysis Summary (SFAS) matrix amalgamates the IFAS & EFAS matrices into a single matrix followed by a re-evaluation & second level ranking & responsiveness rating, which leads to the generation of an overall score, thus, providing a holistic, overarching strategic view on each industry OEM
The numeric SFAS scores and the corresponding analysis produced by the framework, thus, are highly useful for competitive & comparative analysis on industry players from a current as well as near term perspective with the framework analyzing the ability of each OEM to be able to create & capitalize on potential growth opportunities effectively by harnessing & navigating the changing market & technology landscape effectively while leveraging structural & core strengths and negating threats & overcoming challenges simultaneously
SFAS, as a framework, thus, scores significantly over the traditional SWOT analysis framework, in terms, of its ability to quantify a range of strategic factors based on the nature & potential degree of effect of each strategic factor being analyzed, thereby, making it a much more effective tool for competitive assessment and comparative analysis of industry players
The report will be useful for:
Overall Strategic Equation & Quantified, Numeric SFAS score for each Company based on analysis of Strategic Positioning, Market Dynamics & Responsiveness
Identifying & highlighting areas for making potential Strategic Changes, Adjustments & Realignment
Analysis & Assessment of Emerging Market, Technology Trends & Developments
Section - 5 Strategic Factor Analysis Summary (SFAS) Matrix - With reprioritization, quantification & ranking of respective strategic factors deriving from IFAS & EFAS matrices
Key Existing & Emerging Threats to be Mitigated, Negated & Overcome & their Quantification to Assess Potential Degree of Impact
Section - 9 Key Issues, Challenges & Risk Factors
View source version on businesswire.com: https://www.businesswire.com/news/home/20211223005287/en/

OSFI issues proposed regulatory changes to the treatment of credit valuation adjustments

Retrieved on:

Friday, June 18, 2021

Finance, Money, Mathematical finance, Credit risk, Academic disciplines, Monte Carlo methods in finance, Actuarial science, Financial risk modeling, XVA, Credit valuation adjustment, Capital requirement, Office of the Superintendent of Financial Institutions

OTTAWA, ON, June 18, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) launched an industry consultation on proposed regulatory changesto the treatment of credit valuation adjustments (CVA) and market risk hedges of other valuation adjustments of over-the-counter derivatives referred to as XVA.

Key Points:

OTTAWA, ON, June 18, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) launched an industry consultation on proposed regulatory changesto the treatment of credit valuation adjustments (CVA) and market risk hedges of other valuation adjustments of over-the-counter derivatives referred to as XVA.
The proposed revisions affect OSFI's Capital Adequacy Requirements (CAR) Guideline, Chapter 8 on CVA risk.
The proposed changes are a continuation of OSFI's industry consultation on proposed regulatory changesto incorporate the latest and final round of BaselIII reforms into its capital, leverage and related disclosure guidelines for banks announced in March 2021 .
OSFI will publish a summary of comments with the release of its final guidance in late 2021.

BBVA and Zapata Computing Release Study Showing the Potential to Speed Up Monte Carlo Calculations for Credit Valuation Adjustments with Quantum Computing

Retrieved on:

Wednesday, June 9, 2021

Academic disciplines, Applied mathematics, Fields of mathematics, Mathematical finance, Quantum information science, Monte Carlo methods in finance, Credit risk, Monte Carlo method, Numerical analysis, Rigetti Computing, Credit valuation adjustment, Quantitative analysis

The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.

Key Points:

The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.
Monte Carlo simulations are commonly used for credit valuation adjustment (CVA) and derivative pricing.
Zapata and BBVAs research reveals practical ways for quantum algorithms to speed up the Monte Carlo simulation process.
Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti.

AxiomSL the front runner in corroborating FRTB calculations with ISDA benchmarking to meet industry regulatory requirements

Retrieved on:

Tuesday, August 11, 2020

Finance, Money, Credit risk, Economy, Bank regulation, Mathematical finance, Monte Carlo methods in finance, Credit valuation adjustment, Standardized approach, FRTB, Valuation, Basel IV

This will help our clients to better manage Basel IV requirements, as well as future US regulatory mandates.

Key Points:

This will help our clients to better manage Basel IV requirements, as well as future US regulatory mandates.
The golden source calculations are designed to ensure the credibility of firms' standardised calculations for FRTB, SA-CCR and CVA (Credit Valuation Adjustment).
ISDA is working with all stakeholders to promote the global harmonisation of these calculations required by regulatory authorities.
AxiomSL's calculations will match ISDA's golden source calculations, thereby providing out-of-the-box collaborative industry credibility and also the required robustness for regulatory scrutiny.

AxiomSL the front runner in corroborating FRTB calculations with ISDA benchmarking to meet industry regulatory requirements

Retrieved on:

Tuesday, August 11, 2020

Finance, Money, Credit risk, Economy, Bank regulation, Mathematical finance, Monte Carlo methods in finance, Credit valuation adjustment, Standardized approach, FRTB, Valuation, Basel IV

This will help our clients to better manage Basel IV requirements, as well as future US regulatory mandates.

Key Points:

This will help our clients to better manage Basel IV requirements, as well as future US regulatory mandates.
The golden source calculations are designed to ensure the credibility of firms' standardised calculations for FRTB, SA-CCR and CVA (Credit Valuation Adjustment).
ISDA is working with all stakeholders to promote the global harmonisation of these calculations required by regulatory authorities.
AxiomSL's calculations will match ISDA's golden source calculations, thereby providing out-of-the-box collaborative industry credibility and also the required robustness for regulatory scrutiny.