Valuations, Independent Price Verification, and Product Control Teams rely on accurate, consistent, and auditable market data to value positions, verify prices independently, and ensure P&L accuracy.

Specifically, Valuations Teams use the centralized and standardized market data to derive precise valuations for securities, derivatives, and portfolios. IPV teams employ the solution’s automated validation and exception handling to compare internal prices against trusted external sources, identifying and resolving discrepancies to satisfy regulatory requirements. And Product Control teams rely on the unified data and comprehensive audit trails to maintain P&L accuracy, monitor pricing consistency across trading, risk, and finance systems, and help ensure transparent control over valuation inputs.

Ensuring accuracy, consistency, and transparency in pricing and valuation is critical to controlling risk, improving efficiency, and meeting regulatory obligations. The solution supports this by delivering three interlinked capabilities:

1. Valuations through a golden source of market prices and curves to ensure precise valuation of securities, derivatives, and portfolios.
2. Independent Price Verification (IPV) which compares internal prices against trusted external market sources to resolve discrepancies and satisfy regulatory requirements.
3. Product Control which oversees P&L accuracy, maintaining audit trails, and ensuring consistent pricing inputs across trading, risk, and finance systems.

It’s a unified approach that helps eliminate pricing mismatches, reduces end-of-day breaks, enhances regulatory readiness, and strengthens confidence in reported valuations.

Centralized Market Data Management: Prices, rates, and reference data from multiple vendors and internal feeds are aggregated into a single, governed repository.

Standardized Curve and Surface Structures: Curve Master is employed to deliver validated, consistent curve and surface definitions for accurate and uniform risk factor modeling.

Automated Validation and Exception Handling: Business rules, statistical checks, and anomaly detection are run to spot inaccuracies in prices or curve data, triggering exception workflows with full audit trails for review and resolution in line with IPV requirements.

Golden Price Creation: Multiple sources are combined to generate a single authoritative ‘golden price’ at instrument, market, and currency levels, ensuring consistent valuations across systems.

Scalable, Resilient Access: Cloud-enabled architecture supports growth in market data volumes, asset classes, and curve complexity, with high-availability design for uninterrupted service.