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Using Cloud Computing to Simplify XVA
Cloud usage is surging amongst capital markets participants that want to simplify complex pricing and risk functions, such as XVA. Our blog explores the many benefits of using cloud for managing XVA calculations.
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Celebrating a Season of Giving
Well, here we are! 2019 is drawing to a close and the offices at FINCAD are abuzz with holiday cheer. Many of us are getting ready to sign off for Christmas break and enjoy some quality time with our families and friends. With this being a season of giving, I’d like to talk about why I am proud to work for a company that values giving back. Our culture at FINCAD is one that embraces opportunities
December 18, 2019
Blog
Industry Events take on the Technology Impact of the Libor Replacement
As the 2021 deadline approaches, the financial sector is abuzz with preparing for the end of Libor. Certainly, there are a myriad of business, operational and IT considerations that firms must tackle in order to ready themselves for the transition to new risk-free rates (RFR’s). Recently I had the pleasure of participating on the panels for two London-based events focused on Libor replacement. The
December 11, 2019
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Is MBS Investing Picking up Steam?
Is MBS Investing Picking up Steam?
Mortgage-backed securities (MBS) are increasingly falling into favor with today’s investors. The appeal with this structured credit product is that it offers a potentially better payoff than vanilla instruments. However, the flip side is there may be greater risk involved. Thus, in terms of investing, one needs to evaluate the risk/reward profile and determine if MBS is a good fit for their firm’s
November 21, 2019
Blog
The Uncertain Fate of Libor and Non-Linear Derivatives
In the financial sector, swift progress is being made to prepare for Libor’s end. Global regulators are publishing timelines that are quickly advancing us towards a transition to alternative rates like SOFR, SONIA and €STR. It is clear that rapid progress has been made for linear products like futures, swaps, bonds, and loans. But there are still a myriad of challenges that must be addressed for
November 14, 2019
Blog
Time for Change: Transitioning from Libor to SONIA
Some of us recall, when in July of 2017, Andrew Bailey, Chairman of the FCA, gave a speech on the future of Libor. In the speech, Bailey expressed that, “ Work must begin in earnest on planning the transition to alternative reference rates that are based firmly on transactions.” This day marked the kick-off the Libor transition. Fast forward a couple of years later, and here we are. Timelines have
October 25, 2019
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