White Paper Credit Value Adjustment Calculation Reference Implementation White Paper2 Hazelcast | Credit Value Adjustment Calculation Reference Architecture White Paper Credit Value Adjustment Calculation Reference Implementation Introduction This document describes the reference implementation for one approach to financial risk calculations using Hazelcast technologies. The specific business domain for the reference implementation is credit value adjustment (CVA) of interest rate swaps, described briefly in the next section. This approach uses a “straight-through processing” pattern that dispenses with typical storage- centric data pipelines and instead optimizes processing speed by running streaming calculations against cached data. In this solution, straight-through processing

Join for free to read