The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

BancorpSouth Bank Goes Live with OTC Val’s Derivative Valuation Service

BancorpSouth Bank, a US-based commercial bank, has gone live with OTC Valuation’s derivative valuation service as part of its drive to improve its audit and valuation capabilities.

The vendor has reported a good start to the year in terms of client interest as a result of the post-credit crunch market focus on external sources of evaluated prices. Bob Sangha, managing director at OTC Val, explains: “As auditors increase their scrutiny of counterparty pricing, institutions are increasingly turning to third party valuation service providers to verify the market value of their derivatives portfolio. Ongoing regulatory mandates and continued market turmoil have highlighted the need for a truly independent and objective source of valuations for the purposes of compliance and market risk.”

Related content

WEBINAR

Recorded Webinar: Brexit: Reviewing the regulatory landscape and the data management response

With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The data management response is not easy and could stretch some firms to the limit as they...

BLOG

Derivatives Service Bureau Sets Timeline for Consultation on OTC ISIN and CFI Services in 2022

The Derivatives Service Bureau (DSB) has published the timeline for its 2021 industry consultation on 2022 OTC ISIN and CFI service provision. Core themes focus on providing updates for service enhancements sought last year, as well as risk analysis relating to the DSB’s cybersecurity and cloud resilience. The OTC ISIN and CFI consultation will operate...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...