CMA launches CMA NAVigate™ 1.8, providing OTC derivatives valuations on-demand

8 December 2011

CMA, the leading provider of intraday CDS data and OTC market solutions, has launched a new release of CMA NAVigateâ„¢, its web-based workflow solution which brings transparency and independence to the valuation of OTC positions. CMA NAVigateâ„¢ 1.8 introduces an intuitive user interface that provides the tools, pricing transparency and real-time support that clients require to manage their pricing process. It provides full transparency for all valuations across multiple asset classes, making reconciliation and price challenge resolution straightforward. Specifically, clients have access to:

â–ª all underlying curves, recovery rates

â–ª component cash-flows and discount factors

â–ª audit trail of valuation results and challenges

â–ª real-time support via IM, phone and email

â–ª ability to create on-demand and historical valuations.

Clients can now choose to schedule valuation times from seven intraday cuts, including 12pm GMT, run ad-hoc valuations and create tailor made bespoke reports with enhanced trade history reporting. CMA NAVigate™ 1.8 offers improved graphics, performance enhancements and the provision of greeks, incorporating CMA’s proprietary credit data combined with consensus data from the interdealer broker market. CMA NAVigate™ 1.8 is a comprehensive workflow solution that allows clients to satisfy their daily, weekly and monthly requirements for the valuation of OTC derivatives.

Gareth Moody, Head of Valuations said: “CMA NAVigate™ 1.8 was designed with the forthcoming regulatory initiatives in mind. It addresses the growing requirement from regulators, investors and auditors for funds to demonstrate that their process for valuing OTC portfolios is truly independent. Access to all the valuation inputs and comprehensive support gives clients the clearest possible view of how the values were obtained. In addition, it makes it easy for our customers to control the entire process, allowing them to generate valuations.”

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