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DerivActiv, LLC Partners with Axiom Valuation Solutions to Offer Integrated Fair Value Services to Clients
DerivActiv announces a partnership with Axiom Valuation that greatly expands the valuation services that both firms can
offer corporate, healthcare, higher education, governmental and non-profit organizations.
MINNEAPOLIS, MN - July 29, 2009 - DerivActiv, LLC, a leading provider of independent valuations for fixed income, currency and equity derivatives
has announced a partnership with Axiom Valuation, a leading provider of fair value services for thinly traded securities and alternative investments,
to provide the clients of both organizations with an integrated, one-stop solution for the new fair value process requirements that FAS 157
mandates for endowment funds and pension funds. The clients of the two organizations include healthcare organizations, non-profits, corporations,
banks, hedge funds, governmental entities and higher education clients.
The partnership between DerivActiv and Axiom Valuation brings together valuation expertise across a number of different securities classes from
derivatives to mortgage-backed securities. When contacting DerivActiv, clients will experience a seamless integration of these services and
will have one point of contact when it comes to getting valuation reports.
Determining fair value of increasingly complex financial securities is becoming increasingly difficult without the assistance of independent
third party firms like DerivActiv and Axiom Valuation, which have the expertise to value the securities in a client’s portfolio.
“We’ve worked with hundreds of clients over the years and with the trend toward increasing regulation and greater transparency, clients
have needs beyond just derivative valuations so we partnered with Axiom Valuation because we felt their established valuation methodologies
for thinly traded securities and alternative investments are an excellent complement to our expertise”, stated Johan Rosenberg, president
of DerivActiv.
“Fair value is not a new concept, but as FAS 157 reporting requirements have been expanded to include most organizations, independent valuation
from a third party is essential to proper reporting. We have partnered with DerivActiv because they are a leader in the valuation of derivatives
and complement our existing services,” said Stanley Feldman, Ph.D., Chairman and Chief Valuation Officer of Axiom Valuation.
“Clients that have come to us for interest rate, currency, equity and fixed income derivatives will now find that we offer a much broader
range of services because of our association with Axiom Valuation,:” said Rosenberg.
The DerivActiv platform is a completely web-based system that is available around-the-clock and provides independent valuations to meet FAS
157, 161 & 133 reporting requirements, as well as perform trade analytics, curve shock reports, hedge effectiveness testing, threshold alerts
and cash flow verifications.
For more information visit www.DerivActiv.com or e-mail info@derivactiv.com
About DerivActiv
DerivActiv, LLC is a leading provider of web-based derivative valuation and other financial monitoring services, serving financial institutions,
corporations, non-profits, and municipalities. DerivActiv provides daily valuations of financial products, including equity, currency and fixed
income securities and derivatives. DerivActiv is used for FAS 133, 161,157, GASB 53 compliance in financial statements, board and finance committee
reports, and as an internal risk management tool. For more information call 1-866-200-9012, or visit the company’s website at www.DerivActiv.com.
About Axiom Valuation
Axiom Valuation Solutions is a nationally recognized financial security and business valuation firm. The company has conducted valuation assignments
for clients throughout the U.S., Europe and Asia. The company’s rapidly growing practice in Valuation for Financial Reporting provides
expert and cost-effective services for recurring valuations required by FAS 157, FAS 141R/142, FAS 123R, and IRS 409A. Axiom Valuation clients
include leading hedge fund and private equity firms, and the company’s valuation services have been reviewed and approved by leading accounting
firms. For more information, visit the company’s fair value website at
www.fairvalue157.com.
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Copyright © 2009 DerivActiv, LLC. All Rights Reserved
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