Reval has announced the launch of Reval Center, a new service performing independent derivative valuations. As a service bureau, Reval Center receives transaction data electronically or manually via fax or mail from the client and rapidly provides accurate, objective valuation and other relevant information. Reval Center is geared towards corporate treasuries or financial institutions that hedge risk exposures using derivatives for liability management, investment management and/or anticipated transactions, as well as for banks and hedge funds who trade in derivatives and are required to have independent valuations. Institutions who fall under the Sarbanes-Oxley Act, the Basel II capital framework or who need to comply with hedge accounting rules like FAS 133 and IAS 39 should have valuations separate from or in conjunction with valuations they receive from their derivative dealers.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more