New York, NY – June 4, 2012 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, its strategic partner Microsoft and the Professional Risk Managers' International Association (PRMIA), today unveiled their plans to host a series of executive industry forums focused on CVA (Credit Value Adjustment). These global forums will bring together industry leaders to discuss thetrading, quantitative and technological challenges banks face in CVA implementation for both vanilla and exotic derivatives under the Basel III framework.
The CVA Roadshow kicked-off with a successful event at New York City’s Harvard Club on April 10 with over 100 industry professionals in attendance. In June additional events will be hosted in Milan, Frankfurt, Vienna and Paris, with forthcoming forums scheduled for Fall 2012 in several additional locations including Beijing and London.
“As the market leader in the cross-asset analytics space, we consider it our responsibility to help the industry fully understand the broad-reaching implications of CVA, as well as practical implementation solutions,” said Steve O’Hanlon, President & COO of Numerix. “We’re proud of the initiative we’ve taken alongside Microsoft and PRMIA with regard to this important and complex regulatory requirement. With theBasel III CVA deadline fast approaching, there’s no better time to launch a thought-provoking event series which provides actionable insights on CVA best practice from the regulatory, quantitative, trading, and technology perspectives.”
The CVA Roadshow: Key Dates, Cities and Speakers
Presentations will include thought provoking discussion and interactive Q&A sessions around:
June 19, 2012 – Milan: Agenda & Registration
June 21, 2012 – Frankfurt: Agenda & Registration
June 26, 2012 – Vienna: Agenda & Registration
June 28, 2012 – Paris: Agenda & Registration
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.
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