Search press announcements

Toyota Finance Selects Bloomberg for Derivatives Risk Management

June 2, 2014

Sydney — Toyota Finance Australia Limited (Toyota Finance), the
Australian financial services arm of Toyota, has adopted
Bloomberg’s multi asset risk solution (MARS) for derivatives
risk management and reporting. Bloomberg’s derivative risk
management tools provide market standard pricing, risk and
scenario analysis for cross asset portfolios.

With the implementation of international financial reporting
standards including IFRS 13, corporate treasurers are required
to recognize the credit value adjustment (CVA) on over-the-counter (OTC) derivative contracts.

“Impacted by new regulation, corporate treasurers are looking
for market leading solutions to help them manage their exposures
more swiftly and efficiently,” said Jose Ribas, Bloomberg’s
Global Head of Derivatives and Structured Notes. “Through its
risk management tools, Bloomberg provides a compliance solution
to global accounting standards and greater transparency in

Integrated with Toyota Finance’s treasury management system,
Bloomberg’s risk management tools enable the company to apply
credit adjustments to their derivative positions, perform
scenario analysis and generate risk reports on a single

“Corporate treasurers are increasingly challenged to provide
reliable valuations to their management and audit partners as
part of their financial year-end reporting,” said Jeffrey
Leckstein, Bloomberg’s Head of Sales for Australia. “Bloomberg
collaborated with Toyota Finance on the swift implementation of
a solution that addresses the complexities of CVA pricing,
providing them with a competitive edge in risk management.”

For more information on Bloomberg’s risk management solutions
visit or type MARS<GO> on the Bloomberg Professional

About Bloomberg

Bloomberg, the global business and financial information and
news leader, gives influential decision makers a critical edge
by connecting them to a dynamic network of information, people
and ideas. The company’s strength – delivering data, news and
analytics through innovative technology, quickly and accurately
– is at the core of the Bloomberg Professional service, which
provides real time financial information to more than 320,000
subscribers globally. Headquartered in New York, Bloomberg
employs more than 15,500 people in 192 locations around the
world. For more information, visit

Media Contacts

APAC, Debbie Liew, +65-6212-1166,

U.S., Sabrina Briefel, +212-617-1993,

EMEA, Natalie Harland, +44-20-7673-8820,

LATAM, Pam Snook, +212-617-7652,