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

A-Team Insight Blogs

Department of Finance Canada Picks Reval Centre for Derivatives Valuations

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.

Related content

WEBINAR

Upcoming Webinar: How to optimise the business value of your data using agile data governance

Date: 10 March 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data governance is transforming from a risk management and compliance tool with limited and prescriptive controls, to a solution that can help you optimise the business value of your data. In this role, data governance must scale to manage...

BLOG

SIX Acquires ULTUMUS to Strengthen ETF and Managed Data Service Offering

SIX has acquired ULTUMUS, a global index and exchange-traded funds (ETF) data specialist, to strengthen its ETF and managed data service offering. The companies have been partners for some time, with SIX acquiring ULTUMUS from investment firm ETFS Capital. ULTUMUS will initially operate separately to SIX and will carry on delivering index data from SIX...

EVENT

RegTech Summit New York

Now in its 7th year, the RegTech Summit in NYC 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

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...