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April 8, 2010
Hedging Counterparty Credit Exposure: the Evolution of CVA
by Nick Newport
Nick Newport of InteDelta explains current trends in managing credit valuation adjustments and the potential use of CVA beyond its traditional risk mitigation purposes.
Q. How developed and embedded has the concept of credit valuation adjustment (CVA) become within financial institutions?
Nick Newport is a director of InteDelta and is overall practice manager for CVA engagements. InteDelta supports CVA initiatives within financial institutions from a methodology, organisational and technology standpoint, providing subject matter expertise and market best practice, combined with extensive experience of managing risk projects within financial institutions to meet client requirements.
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