Leading Industry Practices For Real-Time Identification of Risk-Efficient Trades
Starting with the 2007-9 financial crisis, which exposed the fallacy in the idea that any market participant is "too big to fail", banks and their traders have recognized a need to get smarter about counterparty credit risk. As a result, concepts such as credit valuation adjustment (CVA) have evolved from a useful accounting measure into a pricing measure for traders and a key aspect of Basel III compliance.
Download this white paper to explore:
- Leading industry practices for CVA management;
- Incentivizing traders to optimize risk and reward
- Significant ROI by reducing regulatory capital requirements.
