InteDelta Delivery Lifecycle for CVA

The InteDelta Delivery Lifecycle for CVA is a structured delivery methodology designed to take into account the specific needs of implementing CVA within an organisation. This incorporates areas of key importance to the successful implementation of a CVA process such as:

Definition of the overall mandate of the CVA desk within the organisation
Definition of the required policies and risk methodologies needed to support the management of CVA
Putting together the business case for making the necessary investment in CVA processes (covering elements such as P&L volatility reduction, exposure reduction, capital benefits etc)
Assessment of the technology solutions available to provide CVA functionality (taking into account both in-house technology and the market leading CVA vendor solutions)
Implementation of the integrated business and technology changes for CVA in optimal timeframes

This approach is fully aligned with the overall InteDelta Delivery Lifecycle, therefore leveraging the consistency of approach and tools provided under this structure.

In line with this structure, the core of the InteDelta Delivery Lifecycle for CVA involves delivery of a modular set of services in order to take organisations through the end to end process of change in the area of CVA: from diagnosis and definition; through to benefits assessment; and finally implementation.

For many of these modular steps, we have developed industry proven tools to support our clients in the given stage of the process. In most cases, these tools have been specifically developed with the needs of CVA initiatives in mind.

Diagnosis and definition Benefits Assessment Implementation

IDDL for CVA Phase	IDDL for CVA Sub-Phase	Highlights
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CVA - Business End State Model Definition	Target Operating Model	Definition of strategic business organisation, mandate, roles and responsibilities for CVA Definition of end-to-end CVA business processes	Risk Map
	Policy and Methodology Review	Review and definition of impacted risk policies and methodologies
	Market Intelligence Benchmarking	Peer benchmarking of CVA
	Initial Business Case Definition	Preparation of initial business case for change/investment in CVA	InteDelta CVA Benefit Assessor Suite
	Business and Functional Requirements	Definition of detailed CVA business and functional requirements and Functional Component Model
CVA - Technology End State Model Definition	Buy/Build Assessment	Assessment of internal and external technology options for CVA	InteDelta CVA System Select
	Solution Definition	Definition of the final technology solution to meet the end-to-end CVA process requirements
CVA - Benefits Assessment	Full Business Case and Cost/Benefit Analysis	Full Cost Benefit Analysis incorporating technology Total Cost of Ownership, P&L impact assessment, operational cost reduction assessment, capital benefits assessment, reduction in exposure etc	InteDelta CVA Benefit Assessor Suite
CVA - Integrated Implementation	Organisational Change and Business Process Re-engineering	Implementation of any organisational changes agreed under the CVA TOM definition Implementation of the integrated CVA business processes CVA training Completion of required risk policies to support CVA
	Technology Implementation	Implementation of the defined technology solution Includes InteDelta technology development (e.g. CVA quantitative model development) where appropriate
Outsourced Risk Support Services		Provision of outsourced risk support services and other ongoing support as required