ICAP (IAP.L) and FINCAD, the provider of financial analytics, has launched Fair Value Insight. This new application addresses the growing need for increased transparency and independent valuations allowing better liquidity, counterparty and operational risk management.
Fair Value Insight is a cost-effective and secure web-based derivatives valuation solution built on FINCADs industry standard analytics and ICAPs unrivaled market data. The solution enables corporate treasuries, banks, asset management firms and other financial and non-financial institutions to meet their risk management, independent valuation and regulatory compliance needs. It provides valuations for interest rate, FX, commodities, OTC derivatives, and debt securities, ensuring valuations are transparent and accurate.
Fair Value Insight, integrated with ICAP market data provides best practices valuation processes through automated reporting capabilities, allowing users to leverage a consistent valuation process with reports automatically delivered via email as frequently as needed. Portfolio-level valuations enable users to stay up-to-date with their derivatives positions, enabling them to react more quickly to changes in their net derivatives positions and audits.
Active risk management through ongoing measurement and up-to-date knowledge of derivative cash flows for liquidity and capital management is now a business necessity, says Lawrence Leuzzi, managing director, ICAP information services. We are pleased to work with FINCAD, an industry leader in financial analytics, to address the record market demand for accurate third party valuations with Fair Value Insight. The new Fair Value Insight offering complements ICAPs market data suite and will greatly help our customers with their valuation needs.
D.C.