Cracking the XVA Code: From Concept to Implementation
Launching and scaling an XVA capability within a bank is not a trivial undertaking. Many banks, especially those in developing economies with fast-growing derivatives markets, struggle with the practical challenges of starting their first XVA initiatives.
Why is this process so hard? Where do banks typically encounter pitfalls?
Join Numerix’s special guest Dr. Ola Hammarlid of Leading HeadQuarters on November 6, 2025 at 10am EST as he provides practical perspectives on how to build momentum through pragmatic iterations, and how to overcome common challenges that can make or break early XVA projects.
Ola will cover:
- The evolution from risk-free to risk-aware pricing frameworks
- Navigating the XVA project “Catch-22”
- Building organizational readiness: data, processes, and education
- Choosing the right business and hedging model
- Practical lessons and implementation insights
Featured Speakers
Ola Hammarlid, PhD
Ola Hammarlid is a seasoned expert in mathematical statistics, quantitative finance, and risk management. He holds a PhD in Mathematical Statistics and a Master of Laws from Stockholm University.
Currently serving as Head of Strategic Risk at Vattenfall and a board member of Vattenfall Insurance, Ola is also a board member of The Swedish National Committee for Mathematics under the Royal Swedish Academy of Sciences. Previously, he held the role of Chief Control Officer at Swedbank and Head of Quantitative Research, where he was responsible for valuation governance, algorithmic trading control, XVA, and the development of trading solutions. He currently also runs his own consulting firm, Leading HeadQuarters, where he is educating in leadership, developing digital university educations, and consulting in mathematical finance.
Ola is the co-author of the book Risk and Portfolio Analysis: Principles and Methods and has made significant contributions to research in decision theory, risk measures, and derivative pricing.
Greg Murray
Greg Murray is responsible for increasing awareness of the Numerix brand in financial markets around the globe and contributing to Numerix’s strategic growth initiatives. Previously, he oversaw product and field marketing initiatives at the company, and he started his tenure in a sales role. Prior to Numerix, Mr. Murray worked in derivative analytics sales roles at other software firms, and he held derivative trading positions for seven years as an option market-maker and proprietary trader across a variety of asset classes.
