Valuations Vendor Conference & Exhibit 2009
Thursday 30th April 2009
Xtrakter is proud to support the Valuations Vendor Conference & Exhibit 2009, a series of conferences for the valuations user community showcasing the latest developments in valuations vendors products and services.
Recent developments in the global financial markets have increasingly focused attention on the approach to the valuation of financial assets held by institutions, either on their own behalf or that of their customers. There have been a number of high profile losses and failures that have been directly attributable to the mis-pricing of assets. As regulators and accountants acknowledge, the true valuation of assets is at the core of the key principles underlying fair reporting and robust risk management. Without accurate valuation, then the whole infrastructure of the regulatory and reporting system is built on shifting sands.
The production of valuations for assets for which a valuation cannot be reliably and directly derived from trading on an exchange effectively falls to three main players
The institution who holds the instrument (internal solution),
Other financial firms who interact with the holder and may have a level of expert knowledge of the asset (counterparties),
Independent vendors of valuations and pricing (third parties).
In the face of such unprecedented scrutiny, those professionals responsible for asset valuations are increasingly seeking clarity on their duties and requirements from regulators and are also looking for advice and services from the valuations vendor community to meet these onerous responsibilities. In response to these trends, Ian Blance Consulting (IBC) is organising a timely conference and exhibition focused on the vendors of various different sources of external valuations – both counterparty and third party - and the analytics and data sources required to generate internal valuations.
The event will discuss the current issues associated with asset pricing in a series of panel sessions and also showcase the latest products and developments by the vendors active in the space. In one location, in one day, valuations users, advisors and regulators will be able to hear from all the main providers operating in such an important area for the financial system and be able to view their product offering. We believe that this is a unique event in this critical, but little understood, market sector.