Verasis Risk 4.0 has been enhanced to provide a clear and effective solution to the CVA / DVA requirements of Financial Institutions and Corporate Treasury operations. These include the ability to:

• Calculate the CVA (and DVA) accounting impact of your derivative portfolios
• Identify risk reducing trades and perform pre-trade checks against existing CVA exposure levels
• Assess the impact of changes in the market on CVA exposures
• Meet the Counterparty Exposure regulatory requirements of Basel III & CRD4 with a minimum of fuss and resource

Verasis Risk 4.0 has been enhanced to provide the ability to manage and access CCR on an intra-day basis by combining:

• The provision VaR, Interest Rate Sensitivity, FX sensitivity, Volatility Sensitivity at a counterparty level (and counterparty group)
• Counterparty exposure limits at both absolute and concentration levels
• CSA agreement terms
• What-if functionality to perform impact analysis of potential trades across counterparties across all Risk measurements

The Hedge Effectiveness module provides the full range of requirements for Cash Flow and Fair Value business. These include:

• Retail balance interface, behaviour modelling and adjustment
• Hedge/derivative trade interface
• Relationship allocation and hypothetical trade generation
• Prospective, retrospective testing: regression analysis and validation
• Effectiveness calculation