Rule Financial - Valuation & Transparency

Valuation & Transparency Roundtable
hosted by Risk magazine

John Collins, Rule Financial's Head of Risk, recently took part in Risk magazine's Valuation & Transparency Roundtable with fellow leading experts to discuss challenges facing the industry.

Contents

Rule Financial

	Please briefly describe current practices at financial services firms, in terms of the acquisition of, storage and use of valuation data for derivatives transactions. Why have these practices proved problematic? Buffering
	Is the regulatory community doing enough to emphasise the fundamental importance of valuation data issues to financial services firms? What regulatory initiatives or intervention do you think are necessary on valuation data? Buffering
	What initiatives are under way at both banks and buy-side firms to improve valuation data, and address its crucial role in activities such as portfolio reconciliation, dispute resolution and T+0 settlement? Buffering
	What are common roadblocks within organisations to implementing a more robust approach to valuation data? Cost? Culture? Infrastructure? How can these roadblocks be overcome to smooth acceptance? Buffering
	Please expand on the ways in which robust valuation data can be incorporated into risk management modelling, including scenarios and stress testing, to improve the results those models can achieve. Buffering
	How do you envision the environment around valuation data will evolve over the next five years at both banks and buy-side firms? Does the financial services industry have enough momentum behind this issue? Will spreadsheets still be the norm in 2014 Buffering