FINCAD's Christian Kahl, PhD and Kate Morgenstern discuss five of the major challenges of the Libor transition and the role that technology will play in affording financial firms a seamless transition. 

This special report, sponsored by FINCAD, offers the perspectives of several industry leaders on the impact of Libor discontinuation. 

This paper focuses on FINCAD's patented approach to analytic first-order risk. The approach, Universal Algorithmic Differentiation™, exhibits a number of order-of-magnitude advantages over bumping.

“The speed of calculations is remarkably fast — particularly when performing complex valuation adjustments.”

CABEI needed to migrate from FINCAD Analytics Suite to acquire robust CVA functionality, reduce operational risk and bridge gaps in valuation of structured trades. CABEI recognized that, after growing their business with FINCAD Analytics Suite for almost 7 years, their needs had evolved and their analytics needed to evolve with them.

With the increasing complexity of financial transactions, the reliance on models has played a larger role, and the risks that arise from improper use have escalated. Not only does resource allocation become an issue, but significant financial losses can result from relying on models without a proper validation process in place.