July 27, 2011
-- Recent Regulations Look at Risk Exposure, Derivatives, Fair Value
Sauer Capital S.A. (www.sauercapitalsa.com)
, has enhanced its Workbench reporting platform to assist institutional clients comply with recent rule changes related to derivatives accounting and disclosure in international markets.
These changes are being driven by updates to Governmental Accounting Standards Board (GASB), Accounting and Financial Reporting for Derivative Instruments Derivatives and Hedging, which have similar requirements for reporting derivative exposure, risk exposure, market value and income related to derivative contracts.
Sauer Capital S.A. has made the necessary developments to support clients with these regulatory changes for 2011, including transfers in and out of levels one and two in support of fair value reporting and support of fair value level disclosure. "We continue to invest in our technology platform to assist our clients with the changing regulatory environment."
said Willem Oris, senior executive of Sauer Capital global markets division.
The enhancements also help clients view derivative contracts across all of their portfolios and accounts in aggregate or individually. "This goes beyond helping them comply with the new regulations,"
said Oris. "It assists them in day-to-day reporting and accessing information in their accounts about the underlying securities, transparency of reference data from contracts, counterparty exposure, independent market values provided by a variety of vendors, and performance and risk analytics on these derivative types."
Sauer Capital (http://www.sauercapitalsa.com
) Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.
Sauer Capital S.A. is a financial services advisory company focused on helping clients manage and service their financial assets, servicing a worldwide client base and serving more than 100 markets. Sauer Capital S.A. is a leading provider of financial services for institutions, corporations and private individuals, offering superior investment management and investment services through a worldwide client-focused team. It offers fast execution through various types of accounts which are tailored to an individuals needs, both on an advisory or fully managed basis.