Matching liabilities requires a consultative approach, starting with understanding the clients objectives. These are often multi-facetted, spanning regulatory, accounting and economic considerations. By working closely with the client to understand the client objectives and combining these with our strong technical understanding, quantitative skills and a deep knowledge across all aspects of fixed income we can deliver a bespoke solution that matches an often complex set of requirements. We are also able to replicate the clients methodology to value liabilities, useful for regular monitoring and rehedging purposes.
The approach draws on our credit and ESG process, wide experience with derivatives if required, and our Cameron Hume data analytics tools (CaTo) that provides the level of rigour that clients trusting a third party to manage their liabilities demand. The same principles can also be applied to defined benefit pension schemes (LDI) and defined contribution schemes (decumulation). Bespoke client reporting can also be provided.