NOVARUM :: Our People

Counterparty Credit Risk

Our Services

The professionals of Novarum have been at the vanguard of CCR management and hedging for over a decade. Our senior management team:

• Pioneered the “dynamic hedging” of CCR at Chase Manhattan Bank in the late 1990s;

• Were instrumental in the creation of the CCDS at Citigroup in 2002; and

• Spearheaded discussions with the regulatory authorities to include the CCDS as an effective counterparty credit risk mitigant under the Basel II Capital Accords.

Our market experience is unparalleled, enabling us to provide our customers with comprehensive advice covering all aspects of CCR industry best practices.