Valuation Risk Management demo

What the demo shows

Runs Rule 2a-5 fair value oversight for the valuation designee: risks, methods and vendors

A clean home shows four numbers and each person's next decision. The signature screen is the Rule 2a-5 valuation risk register: twelve numbered risks, each with a status light and live counts of the stale, single-source, back-test and vendor exceptions feeding it; beside the selected risk, the board report paragraph drafts itself from those counts, every number linked to the positions behind it. The agents work in a conversation next to it: the Price Monitor checks every price each night; the Source Check agent asks other dealers and reads borrowers' reports in their own language beside the English; the Vendor Review agent reads questionnaires and controls reports; the Methods agent back-tests every method; the Report agent drafts the board reports; the Escalation agent runs the five-business-day clock. The pricing analyst proposes, the valuation designee approves with a reason code, the treasurer confirms NAV impact above 0.10%, and the board sees only signed reports.

Transcript

1. 0:00Valuation Risk Management Runs Rule 2a-5 fair value oversight for the valuation designee.
2. 0:09One advisor's Ms. Marking overstated fund values by over a billion dollars.
3. 0:16Overnight, agents checked 60,000 prices and tied each exception to a register risk.
4. 0:25Risk 7, 14 Level 3 positions priced by one broker for over 30 days.
5. 0:33The Source Check agent asked three dealers, Brookmere came back four points lower.
6. 0:40It read the borrower's Spanish report beside the English, every figure cited.
7. 0:47The board paragraph drafts itself, every number linked to its positions.
8. 0:54Priya proposed Amber. Thomas Grant, the valuation designee, approves.
9. 1:01A Tokyo suspension started a five-business-day clock.
10. 1:05The board notice is drafted.
11. 1:09Everything is cited, signed, and logged.
12. 1:13Portfolio managers never set a price.
13. 1:17The aim, mismarks caught before NAV is struck, and board reports drafted in two days.
14. 1:25Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.