Live webinar to highlight potential counterparty exposure impact of OIS discounting on collateralized derivatives deals
NEW YORK & LONDON--(BUSINESS WIRE)--Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, and Prism Valuation, a leading provider of independent valuation and risk management services for customers' deals covering all major asset classes, today announced they will be hosting a live webinar entitled "OIS Discounting and OTC Derivatives: Demystifying the Confusion" on Tuesday November 8th, 2011 at 9:30AM EDT.
The structured products and derivatives market continues to evolve in response to changing regulatory pressures and market realities. One by-product of this evolution is the uptick in the use of OIS curves as the valuation discounting basis for collateralized derivatives deals. In fact, many organizations have established OIS as their de facto discounting approach and many independent valuation vendors now require clients to opt-out if they prefer to use the traditional LIBOR discounting instead.
This informative webinar will offer exchanges, buy-side and sell-side institutions the opportunity to learn when, where and how OIS discounting could potentially impact their organization's counterparty exposure.
The event will be hosted by James Jockle, Senior Vice President, Marketing, Numerix and feature guest speaker Greg Cripps, President, Prism Valuation. Mr. Cripps has a PhD in Nuclear Engineering and more than 12 years Front Office experience as a Trader/Structurer of complex derivatives for such firms as Toronto Dominion Securities London, Citibank London and Citibank Toronto. Mr. Cripps will present an objective comparison of the use of LIBOR vs OIS discounting in the context of different real-world investment scenarios. Following Mr. Cripps presentation, Satyam Kancharla, Senior Vice President, Client Solutions, Numerix, will discuss Numerix dual-curve initiatives and developments in OIS.
Pre-registration is required. To register for more information, visit http://www.numerix.com/Event-Details/r/EVENTS-842.
About Numerix
Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. Numerix offers clients a highly flexible and fully transparent framework for the pricing and risk analysis of any type of OTC derivative financial instrument. From vanillas and "semi-exotics" to bespoke derivatives, structured products and variable annuities, Numerix allows users to calculate prices and manage risk using any data set.
Since its inception in 1996, over 700 clients and 50 partners across more than 25 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, Chicago, San Francisco, Vancouver, London, Paris, Tokyo, Hong Kong, Beijing, Singapore, Seoul, Sydney, Mumbai and Dubai, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information, please visit www.numerix.com.
About Prism Valuation
Prism Valuation, powered by Numerix, values many thousands of deals on a daily basis for more than a hundred end-users. Their valuation services cover vanilla and exotic derivatives including many illiquid instruments across all asset classes. Founded in 2006, Prism Valuation has a team of senior people, each with many years' direct and extensive experience on the trading floors of leading international structured products dealers. This core knowledge base is supported by a team of high-caliber associates, each highly skilled in financial engineering and computer modelling. For more information, visit www.prismvaluation.com
Contacts
Numerix
James Jockle, 646-898-1263
SVP, Marketing