Stagecoach Group has selected Reval’s derivative pricing service, Reval Center™, for independent interest rate and commodities valuations. Reval Center is an independent valuation service combining market data and analytics, which the company says offers fast, accurate and reliable valuations for structured products on an outsourced basis. Reval Center will perform Stagecoach’s valuations using Reval’s valuation tool, HedgeRx®. The service will be used to price a number of products including interest rate swaps, fuel swaps, fuel collars, fuel caps and fuel floors. Under the current market environment, more companies and auditors are placing a larger focus on derivative valuations and putting an emphasis on the need for independent valuations.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.