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

A-Team Insight Blogs

Interactive Data’s Ian Blance Takes OTC Derivatives Valuations Experience to OTC Val Strategic Sales Role

Subscribe to our newsletter

Vancouver-based provider of independent valuations for derivatives and complex products OTC Valuations Limited (OTC Val) has marked a concerted push into the European marketplace and an ambition to grow worldwide with the hire of Ian Blance, recently ex of Interactive Data (Reference Data Review @ FIMA, November 5 2007), as vice president of strategic sales. Blance will be responsible for driving business development for OTC Val globally.

Blance spent 12 years in a variety of senior roles in Interactive Data’s Fixed Income Evaluations business in London and New York. He played a key part in spearheading Interactive Data’s extension of its evaluations franchise into the OTC derivatives arena, in line with the growing demand from clients for independent prices for these asset classes. (For more on Interactive Data’s strategy for derivatives pricing see Value for money?, A-Team IQ, Q3 2007.)

OTC Val was founded last year (Reference Data Review, September 2007) and launched a service for primary, secondary and tertiary valuations for both vanilla and exotic derivative instruments. OTC Val also planned to target white-label relationships with data vendors and fund administrators. The vendor joined an increasingly crowded marketplace on the supply side – but at a time when (in the early throes of the sub-prime crisis) the demand for independent prices for complex instruments was recognised to be growing rapidly.

Bob Sangha, managing director at OTC Val, said the plan was to target “a unique, niche market around structured products”: essentially to fill “a significant gap in the area of illiquid structured products, due to the unique nature of the products”. At the heart of the OTC Val service is a system that automates the typically manual process of pricing derivatives.

Commenting on his new appointment, Blance says: “The development of independent valuations of derivatives has struggled to keep up with (the market’s) growth and the recent market turmoil only highlights the need for a robust and objective source.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Executing the Migration to Cloud to Enable Scalability and Innovation

Date: 22 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Cloud-based services and processing have become essential to financial institutions as their data management demands have become more complex and expansive. Thousands of organisations have made the jump from their limited on-premises tech stacks to the near-infinite scalability opportunities...

BLOG

Duco Agentic Maturity for Reconciliation Benchmark Offers AI Adoption Map

Financial services companies and institutions are moving in large numbers along the road to agentic artificial intelligence maturity of their reconciliation processes. But many are caught in the no-man’s land between pilot and production as they grapple with the realities of operationalising models and agents. An inability to adequately assess AI before implementation, difficulties in...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...