What global firms need to know about XVAs
Valuation adjustments, both in terms of funding and margin, are incredibly important in global derivatives trades.
Assessing and incorporating credit default risk analytics into investment analysis
There are many advantages to using market-based credit analytics over ratings agency measures, including transparency, flexibility, reporting and disclosure.
Wall Street has no idea what's going to happen to credit markets in 2018
It’s the season for investment banks to try to predict the future in credit markets. The ritual is trickier than usual this time.
EU urges improvements to corporate bond markets
The European Commission has recommended that industry groups representing the buyside, sellside and trading venues, including fintech firms, should issue guidance papers on good practices for electronic trading in corporate bond markets.
U.S. credit markets are more sane than the frenzy suggests
U.S. credit investors are blithely ignoring borrower- and sector-specific risks that endanger the bond bull market as the global business cycle enters its final stages.
Swaps collateral rules put market at risk of splintering
The collateral requirement is one of the bedrocks of global regulatory efforts to curb risk in the market after swaps were blamed by lawmakers for fueling the financial crisis.
Treasurers consider collateral as risk mitigation trumps liquidity concerns
Collateral management has never been at the top of the agenda for corporate treasurers, but the situation has changed in the last five to seven years.
Managing counterparty risk with collateral
How can collateralization help mitigate counterparty risk in OTC derivative transactions?
Low yields, counterparty risks worry treasurers
Corporate treasurers face numerous headwinds in investing cash and funding their balance sheets, many brought on by post-crisis regulatory initiatives.
Unravelling the derivative counterparty credit risk conundrum
With auditors increasingly scrutinizing derivative valuations in terms of non-performance risk, understanding counterparty valuation adjustments is becoming a necessity for many corporate treasurers.