QuIC Financial Technologies, a market leader providing the worldâs financial organisations with risk management, pricing and analytic solutions, is pleased to announce the success of their recent CVA Summit held in London. The summit was held in conjunction with ICAP â the worldâs premier interdealer broker â and featured presentations from expert CVA Consultant Robert McWilliam and Andy Shaw, Managing Partner of LINKS Risk Advisory.
âAs a leading provider of CVA solutions to major financial institutions, QuIC is focused on sharing knowledge of CVA strategies with industry stakeholders,â stated Justin Forrest, Executive Vice President of Global Sales for QuIC. âWe were extremely pleased to deliver a valuable platform for discussion to our delegates.â
Hosted in the prestigious Lloydâs building in Central London, the summit achieved record attendance from senior CVA practitioners. It featured discussion of the latest CVA strategies, models and industry best practices, and addressed many key issues related to CVA risk management and credit correlation products. The summit not only validated the desire for better CVA understanding between industry stakeholders, but also reinforced the need for a forum for knowledge exchange and on-going discussion.
âThis fantastic event allowed counterparty credit risk managers of major banking institutions to discuss challenges surrounding their risk exposures and strategies to mitigate any detrimental impact,â stated Paul Jones, Vice President Product Management at QuIC. âThe overwhelming registration we received from senior industry practitioners validates CVA as an extremely hot topic in the industry.â