Risk Container and Data Cleansing for Managing XVA Risk

Risk Container and Data Cleansing for Managing XVA Risk
Thought Leadership Webinar: This webinar presents the usage of containers in IT and a blockchain approach for data cleansing to handle regulatory reporting and XVA risk. It will provide an overview of the latest developments in the XVA space from an IT and a business perspective.
 


Presented By:
Thomas Schwiertz
CEO, XVA Blockchain


Date:
October 28, 2020


Time:
10:00 a.m. - 11:00 a.m. EDT
2:00 p.m. - 3:00 p.m. GMT


Session Length:
60 minutes

 

About This Webinar

This webinar will include:

  • An overview on IT container
  • Blockchain technology
  • Real live applications for managing XVA risk

XVA is a sophisticated area in risk management. From CVA (Credit Value Adjustments) to DVA, KVA, and FVA, the math did its job. From a regulatory view, bilateral margining and clearing are ready. This webinar goes beyond math and brings a focus on data management and implementation in productive environments. A technical innovation, which is not supposed to support high-speed calculation will be introduced: a blockchain can improve reconciliation processes in settlement- and collateral management. In addition, an outlook on ‘Smart Derivative Contracts’ (SDC) is given. SDC includes a fully deterministic termination to remove many of the inefficiencies in collateralized OTC transactions. The automatic termination procedure embedded in the smart contracts replaces the counterparty default by an option right of the counterparty and cures issues in XVA.

About Our Expert  

  
 
  Thomas Schwiertz is CEO, XVA Blockchain. He has over 16 years of experience working in the financial industry in various roles across companies such as Algorithmics, Fitch Group or Eurex Clearing, Deutsche Boerse. He is physicist with a strong background in statistical finance. Prior to his role at XVA Blockchain, Thomas was the managing founder at CVA Services, a German consultancy specializing in risk management and regulatory reporting for banks, asset managers, and insurance companies. In his career, he has supported over 20 institutional clients in projects related to risk, reporting, and digitalization. 

 

Continued Risk Learning Credits: 1

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email learning@prmia.org.

  Registration  
  Membership Type Price  
       
  Members (Sustaining, Corporate, RIM & Contributing)
COMPLIMENTARY  
  Non Member $30 USD
 
       

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When
10/28/2020 10:00 AM - 11:00 AM
Where
Thought Leadership Webinar
 

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