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

OTC Val Provides Global Insurance Firm Daily Valuations of Illiquid Financial Products and Equity Securities

Subscribe to our newsletter

OTC Val signed one of the world’s largest providers of life insurance, pensions, and investment products. The firm’s investment management department receives valuation reports for their derivatives and structured product portfolio from OTC Val. These valuations are used for collateral management and financial reporting purposes and as price verification of counterparty and front office quotes.

After a lengthy due diligence process, which included an extensive trial, the investment management department selected OTC Val, citing responsiveness and ability to deliver transparent and custom reports as differentiating factors in their decision process. The service complements their in-house system, which is used to price the remainder of their portfolio.

Bob Sangha, a founding member at OTC Val, comments: “With a heightened awareness of credit and counterparty risk, an increasing number of ongoing collateral calls are being imposed upon organisations, tying up working capital. As a valuation source, we provide our clients another data point on what each investment product is worth, independent of their counterparty’s or internal marks. We are pleased to have been selected as their primary source for the pricing of their exotic portfolio.”

Sangha adds: “Typically our clients already handle their vanilla and liquid trades via an in-house or third party system given the relatively less complex nature of these trades and underlying data. Our focus has always been on exotic derivatives, structured products, and illiquid securities that are priced in our production system. This approach has allowed us to take advantage of economies of scale and offer a compelling solution to clients where accurate price verification for that troublesome 5 or 10% of their portfolio has not been fully implemented.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for creating an effective data quality control framework

Data quality is critical to capital markets processes from identifying counterparties to building customer relationships, regulatory reporting, and ultimately improving the bottom line. It can also be extremely difficult to achieve. One solution is a data quality control framework that includes an automated and systematic process that monitors the state of data quality and ensures...

BLOG

How Well Managed No-Code Data Solutions Can Bring Agility without Headaches

By Christian Nentwhich, CEO, Duco. When businesses are looking to improve their operations, they frequently look at their data. Capital market participants use data to provide pre and post-trade analysis to make more informed trading decisions. Businesses use financial management tools to streamline internal operations. Medical facilities use data to manage patient records and create...

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...