Credit Valuation Adjustment

One of the most significant changes in recent years to the way in which counterparty risk is managed within banks is the emergence of Credit Valuation Adjustment (CVA) functions and processes.

CVA has moved the focus of counterparty risk management from being primarily focused on internal control and limit management to active exposure management and hedging.  Whereas previously counterparty risk management was largely the domain of internal credit risk management departments, CVA functions most commonly sit within the front office but have a wide range of additional interested stakeholders (such as Credit Risk Management, Market Risk Management, Finance, Sales etc). This makes the implementation of CVA organisation, systems and processes highly complex.

InteDelta works with banks to build and enhance their CVA functions in order to design and deliver industry best practice. Our overall consulting offering to the CVA industry forms the InteDelta Delivery Lifecycle for CVA.