Shifts in volatility and correlations, as well as liquidity constraints are having a massive impact on valuations, demonstrating the limitations of conventional pricing methods. Thomson Reuters Valuation Risk service provides a new âopen modelâ approach to pricing and valuation, leading to greater transparency, agility and proactive risk management.
The Valuation Risk service is aimed at the full spectrum of financial markets including buy- and sell-side institutions as well as corporations. The global service is supported by a dedicated team of valuation experts working closely with customers in New York, London and Tokyo.
The Valuation Risk service combines Thomson Reuters renowned global pricing and security reference data service with its proven, sophisticated risk management portfolio Kondor and Reuters 3000 Xtra pricing libraries. Its open model approach enables the simultaneous use of the bank or firmâs own models, plus an unlimited number of external libraries â providing unparalleled transparency and coverage across asset classes. The breadth, depth and precision of the underlying data ensures integrity and consistency of the valuations enterprise-wide and is also compatible with third party systems.
Thomson Reuters Valuation Risk service provides valuations across a wide range of asset classes and instruments including corporate bonds, bank loans, residential mortgage backed securities (RMBS), asset backed securities (ABS), structured products, derivatives and many more.
Jon Robson, President of Enterprise, Thomson Reuters, said: âThe current financial crisis has exposed the importance of independent and transparent valuations. To achieve the level of transparency investors deserve and regulators require, firms need the support of an unbiased independent supply of traded prices and data that allows clients to reverse-engineer and evaluate derivative structures with multiple models and methodologies.â