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Delivery |
Delivery of a reliable valuations service needs the following from an independent valuation agent
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- High quality market pricing data
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- Accurate pricing models
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- Understanding of products and their components
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- Awareness of market trends and practices
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Process |
Through its various business lines FVC collects and interprets important pricing parameters and information.
We take exchange traded option information as a starting point and supplement this with other information at our disposal.
This is done on a regular and "aggregate" basis, we seek to get as much reliable but indicative information as possible from which we can make reliable estimates for prices of many different products.
This approach enables us to build a set of data points from which we can value the virtually all product types that we are given.
Reports are provided by e-mail and current and previous valuations can also be accessed on the website via login to your comapny's account.
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Data and models |
In addition to up to date data, FVC has developed in-house a wide range of models to cover all the major product types. These models are of investment banking standard and underpin our "DataPricer" system and other analytics we provide.
FVC is abreast of the latest market developments and approaches and will always seek to use a model it believes it in the centre of market practice. Because we are regularly supplying prices based on our own models and data estimates we are able to ensure that we remain on-market.
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Product coverage |
We believe we can cover virtually any product risk type and underlying. Some examples of products valued for our current clients
are given below
Index equity derivatives - vanilla, lookback, kickout, cliquet and range options
Stock equity derivatives - baskets, worst or best of, other correlation combinations
Commodity derivatives - short or long dated, single underlying or baskets
Fixed income derivatives - swaps, swaptions, other fixed income exotics
Credit products - CDOs, Tranche CDOs
Hybrids of two or more of the above asset classes
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Valuations Introduction
Methodology