About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Department of Finance Canada Picks Reval Centre for Derivatives Valuations

Subscribe to our newsletter

The Department of Finance Canada has selected Reval Centre for independent derivatives valuations from financial risk management solution and service provider Reval. The government body will use the solution to provide option fair values for its Canada Savings Bond (CSB) and Canada Premium Bond (CPB) retail bonds.

The vendor has an existing relationship with the Department of Finance Canada to provide valuation of the special redemption features of the CSB and CPB bonds. Under the previous agreement, Reval priced options over US$1.9 billion of these types of bonds issued by the department last year.

In an effort to consistently price embedded options in CSBs and CPBs with the Government of Canada Bonds, the Department of Finance Canada is using Reval Centre to provide option prices for the structured bonds. The options are valued under a number of methods taking into account historical redemption patterns, funding costs, and multiple future market environments, according to Jiro Okochi, CEO and co-founder of Reval.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

How to Get Ahead on the Data Governance Journey

Data governance that delivers benefits to the business needs to pull together people, process and technology by embracing data ownership, managing metadata, ensuring data quality, and continually improving automation. These are just some of the guidelines for successful data governance set out by a panel of experts at A-Team Group’s recent Data Management Summit in...

EVENT

RegTech Summit APAC

Now in its 2nd year, the RegTech Summit APAC will bring together the regtech ecosystem to explore how capital markets in the APAC region can leverage technology to drive innovation, cut costs and support regulatory change. With more opportunities than ever before for RegTech to add value, now is the time to invest for the future. Join us to hear from leading RegTech practitioners and innovators who will share insights into how they are tackling the challenges of adopting and implementing regtech and how to advance your RegTech strategy.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...