Is the Value Balancing Alliance relevant for all industries? The parametrized volatility and correlation can be inspected. OIS discounting has been hot topic for the last few years, since most of the collateralized OTC swaps are valued by this methodology. Fall of Lehman Brothers in sparked widespread attention to counterparty credit risk. The Value Balancing Alliance provides a detailed description of the methodology, additional guidance for implementation and support for the piloting process through peer exchange.
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