Debt Management

AKA offers unbiased, independent debt management advice to corporations, municipalities, and agencies (government sponsored enterprises, or GSEs), including:

• Optimum bond calling and refunding,
• Hedging,
• New issue structuring, including for ratchet bonds.

Bond and Derivative Valuation

Dr. Andrew Kalotay is a highly respected expert in the valuation of fixed income securities and interest rate derivatives. AKA is the preferred valuation provider for a number of GSEs, and is the technology supplier to intra-day and end-of-day pricing services such as IDC and Moody's. Relevant services include:

• Quarterly valuation for FASB reporting,
• Daily valuation for hedging and risk management.

Independent Model Validation

AKA leverages its model-building and valuation expertise with the provision of modeling services that meet the needs of users, auditors, regulators, and senior management. These services include:

• Validation of in-house or third party models used for trading, market risk management, hedging, or valuation,
• Calibration of models to reflect the current market environment,
• Model methodology reviews and documentation support.