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NEW YORK, NY, February 07, 2022 /24-7PressRelease/ -- XVA Blockchain is a team of Risk & Reg Tech experts serving the global capital markets industry. We enable financial institutions to deploy and integrate innovative technology and solutions that disrupt traditional capital markets operations and deliver value through optimized capital usage and reduction of trade processing costs.
The OCMX™ is pleased to announce the listing of XVA Blockchain to its online portal which offers financial networks the ability to learn more about this exciting opportunity.
The OCMX™ has spent considerable time completing its due diligence on XVA Blockchain and concluded that there is indeed a tremendous potential for this company.
The OCMX™ noted that XVA Blockchain exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
WHAT THEY DO
With combined skills in quantitative finance, bank regulation and software development XVA Blockchain provides business consulting and software development services to deliver functional and technical solutions for trading and risk management.
Utilizing digital technologies (Blockchain and Cloud computing) we implement cost effective solutions for clients thus providing path to modernization and improved efficiency in capital markets. XVA Blockchain accelerates the transition from prototype to mission critical operational code.
WHERE THEY ARE HEADED
With the successful implementation of smart derivatives contract trade utilizing the XVA Blockchain calculation agent in Germany we have a proven solution for the broader market. As regulatory requirements put increased pressure on banks for capital provisioning the SDC value proposition provides a clear benefit to reduce risk and operational costs of traditional derivatives hedging. The ISDA common domain model now provides a framework to be utilized by globally.
With US expansion XVA Blockchain is poised to expand the offering to the larger US market. In addition to providing calculation agent as a service, the company continues to expand consulting capacity to advise clients on implementing Blockchain and cloud services. 2022 phase 6 UMR – Uncleared margin rules introduces over 1000 new entities that will need to adapt to new capital requirements and reporting. XVA Blockchain is poised to grow rapidly to service growing need for capital management.
• Smart Derivatives Contracts – solution using XVA Blockchain calculation agent. Conceived and developed over 3 years – now ready for deployment in 6 months or less
• XVA Analytics – Using Blockchain technology and cloud services the solution provides state of art reporting for managing value adjustments.
• Partnership with DTCC to provide delegated reporting to meet new requirements (SFTR, EMIR)
• USP – XVA Blockchain team combines deep experience in legacy capital markets infrastructure with capabilities to adapt digital technology to meet business and regulatory requirements.
Thomas Schwiertz – CEO: Over 16 year's experience working in financial industry for companies such as Algorithmics, Fitch Group, Deutsche Börse. He is a physicist with strong background in quantitative Finance and has supported more than 20 institutional clients in risk, reporting and digitalization.
Dr. Dietmar Schnabel – CTO: FinTech veteran with strong focus on implementing and customizing trading and risk systems. He worked for large institutional clients like Deutsche Bank as well as software vendors. Project execution at Calypso Technology led him throughout Europe and North- and South America.
Frederick Friedman – CCO: 25 years' experience in the financial sector both as NASD licensed securities broker (Paine Webber, Merrill Lynch), and as sales executive for multiple vendors such as Bloomberg, FIS, Finastra, Moody's Analytics, Wolters Kluwer. He has a strong track record in sales of complex software solutions for derivatives trading, risk management and regulatory reporting.
Rob Crozier – CRO: Head of Collateral Management – 20 years ago working in back-office line and project roles for various investment banks in London and Frankfurt including Barclays Capital, UBS and Deutsche Bank. He also worked at Calypso as a specialist for the Back Office, Accounting and Collateral Management modules. Rob took on a leading role in successful Collateral Management implementations at both LCH and UniCredit before moving to Eurex Clearing to work on rolling out its OTC Interest Rates Clearing platform.
ABOUT THE OCMX™
The OCMX™ , established in 2009, is a next generation investor relations and marketing outreach firm. Through our online Ocmx portal, we connect companies with financial networks, generating interest and awareness for their opportunity.
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161 Bay Street, 45th Floor
Toronto, Ontario, M5J 2S1
Email: [email protected]
XVA Blockchain gets listed on THE OCMX™
Visit their listing page Here
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