Join Numerix on Wednesday, January15th at 10:00am EST for a Webinar examining on Practical Ways of bringing Credit, Liquidity, Funding and Regulatory Costs into an integrated Profitability Framework
New York, NY – January 8, 2014 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, will host a complimentary webinar on Wednesday, January 15th at 10:00am EST as featured speaker as Satyam Kancharla, SVP of Numerix’s Client Solutions Group, explores emerging decision support tools that can help a bank make the decisions that best align the bank’s interests in credit risk, liquidity consumption and regulatory capital with a robust and profitable derivatives operation.
Banks are competing more fiercely than ever for derivatives business but now face a litany of other costs associated with a derivative. In addition to calculating the fair value, the transaction cost and the financing cost, banks must now account for a CVA charge, DVA adjustment, and FVA charge to truly capture the costs of conducting derivatives business.
Moreover, as regulations in the derivatives market continue to be rolled out and implemented, banks face growing pressure on their current business models from the new regulations.
To survive and thrive in this new era of derivatives trading, banks are adopting increasingly global (and less myopic) models for measuring costs and overall profitability. In addition to allowing better pricing, these methodologies support the creation of better profitability metrics and “risk-adjusted” personnel incentives.
Mr. Kancharla will cover:
• Overview of derivatives-related costs (MtM, CVA, DVA, FVA)
• Overview of regulatory measures (CVA, RWA)
• Incorporating these measures into Pre-trade checks (Limits, Profitability)
• Post-trade monitoring and management of risk
Attendance is complimentary, Registration is required. REGISTER NOW
Mr. Kancharla is currently the head of Numerix’s Client Solutions Group, which is responsible for Product Management, Financial Engineering and Client Services. Prior to this, he has served in various roles in Quantitative Software Development, Financial Engineering and Pre-Sales at Numerix.
Before joining Numerix in New York, he was the CTO for Numerix Japan LLC in Tokyo, heading the Pre-Sales and Financial Engineering teams for Asia. Earlier in his career, Mr. Kancharla also worked with Merrill Lynch and GE Capital in Quantitative Finance and Product Development roles. He holds an MBA degree, an MSc degree in Applied Statistics and Informatics, a BSc in Mathematics and Computers, and CFA and FRM certifications.
Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. Since its inception in 1996, over 700 clients and 75 partners across more than 25 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, London, Paris, Frankfurt, Milan, Stockholm, Tokyo, Hong Kong, Singapore, Dubai, South Korea, India and Australia, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit www.numerix.com.