With the absence of market liquidity, obtaining accurate, defendable asset valuations is of the utmost importance for portfolio managers. Historically, presenting a mark from a third-party market participant would suffice. Today, as examiners and auditors look to a detailed methodology and explanation in order to accept a value, a Mark is often no longer sufficient.
We understand these securities, and are able to clearly articulate value through our integration of modeling, document review, structuring expertise, and presentation. We provide FASB 157 valuations and successfully defend against OTTI when applicable. We also provide expectations for future gains/losses in order to properly account for OCI vs. Credit Loss.
However, valuation is only a step in the process. Strategizing with the best available information, research, and monitoring is critical to principal recovery.
We understand these securities, and are able to clearly articulate value through our integration of modeling, document review, structuring expertise, and presentation. We provide FASB 157 valuations and successfully defend against OTTI when applicable. We also provide expectations for future gains/losses in order to properly account for OCI vs. Credit Loss.
However, valuation is only a step in the process. Strategizing with the best available information, research, and monitoring is critical to principal recovery.
