InteDelta, the risk management consultancy, has launched the InteDelta CVA Target Operating Model Review. The review is a structured and proven method for designing a process for active counterparty risk management and credit charging within financial institutions.
Nick Newport, a director of InteDelta advises “The recent financial markets crisis and, in particular, the increase in counterparty defaults across all market segments, has led to a heightened focus on counterparty risks within financial institutions. This, together with changes to accounting standards requiring pro-active reserving for expected counterparty risk exposures, is driving banks to move from purely passive assessment of counterparty risks to active counterparty risk management. InteDelta has an excellent track record in benchmarking clients against best practice in this area and partnering with them to deliver strategic improvements.”
In delivering the InteDelta CVA Target Operating Model Review, InteDelta provides:
• An organisation and governance review
• A business process and methodology review
• Short term and strategic recommendations
• A Target operating model and architecture definition
• An implementation plan
