pbb Deutsche Pfandbriefbank selected Numerix for its firm-wide CVA calculations to assist with regulatory compliance. Chosen for its accurate, near real-time credit risk valuations, Numerix XVA/CVA leverages its industry-leading CrossAsset analytics to deliver a highly flexible, transparent solution for CVA and potential future exposure (PFE).

“With the high performance Numerix CVA Monte Carlo engine, real-time calculation of CVA per counterparty for the entire firm will be possible,” said Dr. Roland Stamm, Head of Risk Methods & Valuation at pbb.