The client required a fast, robust and easy to implement counterparty risk & CVA solution that would seamlessly integrate with their existing infrastructure and provide incremental, accurate and immediate CVA pricing for new trades. Their main focus area for counterparty risk was Rates, including interest rate swaps, amortizing swaps, XCCY swaps, FX products and inflation swaps.
The client considered building out their internal system, however, given their insufficient domain expertise and the ongoing costs associated with adapting their system they realised that partnering with Quantifi was the most viable option. Having evaluated alternate technology solutions Quantifi demonstrated its in-house expertise and deep-domain experience in counterparty risk management.
“Quantifi is a high performance platform that enables financial institutions to proactively manage counterparty and market risk and effectively address CVA accounting requirements and evolving regulatory capital standards, including the new guidelines for securitisations.”