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PeerNova and Parameta Solutions of TP ICAP to Join Industry Experts for RiskUSA Fireside Chat on Valuation Control and Independent Price Verification (IPV) of OTC Derivatives

Gangesh Ganesan, PeerNova’s Founder and CEO, and Chris Dearie, Parameta Solutions’ Deputy CEO, will join a fireside chat alongside industry experts at RiskUSA to discuss improving consensus for valuation control and independent price verification (IPV) amidst evolving regulatory environments.

04 Apr, 2023  |  Published in Press Release,

San Jose, CA – April 4, 2023 – PeerNova® and Parameta Solutions, the Data & Analytics division of TP ICAP Group, will attend Risk USA in Boston on April 13th. Gangesh Ganesan, PeerNova’s Founder and CEO, and Chris Dearie, Parameta Solutions’ Deputy CEO, will join a fireside chat alongside industry experts to discuss improving consensus for valuation control and independent price verification (IPV) amidst evolving regulatory environments.

“We are excited to speak at Risk USA alongside our partner, Parameta Solutions,” said Gangesh Ganesan. “With evolving regulatory drivers and risk capital requirements, there continues to be a critical need for market observability and more reliable consensus pricing for hard-to-value securities. The industry indicates a demand for a service that delivers greater transparency and higher quality data.”

ClearConsensus™ is a transparent and extensible consensus network for independent price verification (IPV) in the OTC derivative market. Combining Parameta Solutions’ Evidential Price (EvP) with PeerNova’s data quality and analytics platform, ClearConsensus enables market participants to optimize for risk capital allocation and reduce the total cost of ownership.

“This event brings together leading figures from the US industry, so it’s another excellent chance for us to hear from our clients,” said Chris Dearie. “Particularly, how they are affected by these evolving regulatory drivers, and to discuss how ClearConsensus, which incorporates Parameta Solutions’ market leading Evidential Pricing, can bring greater transparency and insight to Risk processes.”

Risk.net’s award-winning conference, Risk USA, is the eminent risk management event for North America’s top-tier banks, buy-side participants, and industry professionals in the financial services industry.

About PeerNova:
PeerNova’s mission is to empower firms to make confident and timely decisions using high-quality data. PeerNova’s platforms enable users to monitor data quality metrics, identify and resolve high-impact exceptions and outliers, and perform faster root-cause analysis across the enterprise and network landscapes in real-time.

In partnership with Parameta Solutions, the ClearConsensus™ solution establishes a mid-market high-transparency consensus view of derivative prices in the OTC markets. This enables market participants to optimize for risk capital allocation. PeerNova’s Cuneiform® Platform provides reconciliation, data quality monitoring, and client onboarding that reduces manual processes and improves operational efficiency across complex workflows.

Founded in 2013 by entrepreneurs with deep expertise in data and financial infrastructure, PeerNova is a Silicon Valley technology company with sales offices in New York and London. For more information about PeerNova, please visit https://peernova.com.

About Parameta Solutions:
Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services.

PeerNova Media Contact:
Navid Jafari
Vice President, Marketing and Communications
PeerNova, Inc.
navidj@peernova.com

Parameta Solutions Media Contact:
Bradley Starr
Aspectus Group
Bradley.Starr@aspectusgroup.com



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