Fair Value Insight is a cost-effective and secure web-based derivatives valuation solution built on FINCADâs industry standard analytics and ICAPâs 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.
âActive risk management through ongoing measurement and up-to-date knowledge of derivative cash flows for liquidity and capital management is now a business necessity,â said, Lawrence Leuzzi, Managing Director, ICAP Information Services. âWe 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 ICAPâs market data suite and will greatly help our customers with their valuation needs.â
âAs markets remain volatile, counterparty, liquidity and capital concerns remain high on most institutions' radars,â said Cubillas Ding, Senior Analyst, Celent. âThe ability to monitor and manage cross-risk effects in a more proactive and cohesive manner can determine a firm's ability to not only sidestep undue vulnerabilities, but also to facilitate effective decision-making in relation to ongoing market movements and regulatory overheads for risk-taking. Forward-thinking firms are looking to underpin these efforts with consistent accounting and risk measurements by requiring a high level of precision, consistency and clarity for ongoing valuation of derivative portfolios.â
âWe are thrilled to be working with a trusted global provider of market data such as ICAP to equip clients with easy to use and accurate valuation solutions for risk measurement in todayâs market,â said Bob Park, president, CEO, FINCAD. âWith transparency as a key component of active risk management, Fair Value Insight provides a complete view of valuations models, assumptions and methodology enabling users to comply with regulatory requirements including FAS 157 and IFRS 7.â