Fair Value Insight is a secure web-based independent valuation solution built upon FINCADâs industry standard analytics and ICAPâs unrivaled market data. The solution enables corporate treasuries, banks, asset management and other financial and non-financial institutions to meet their risk management, independent valuation and regulatory compliance needs. It provides valuations for interest rate, foreign exchange and commodity derivatives, and debt securities.
âIn a market where risk measurement is a necessary part of day to day business, we are pleased to work with Provident to equip clients with the capability to deliver on-demand derivatives valuations right to their inbox for greater transparency and improved liquidity risk management,â said Bob Park, president and CEO, FINCAD.
âFair Value Insight enables us to calculate maximum potential credit exposure at a 95% confidence level, allowing us to provide banks and corporations with an objective review of potential credit risk,â said Mart McConnell, Managing Partner, Provident Risk Management. âClients can tailor reports to monitor individual trade portfolios and define parameters to generate automatic periodic reports.â