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Pentagon plans for spectrum policy changes, IT modernization -- Defense Systems

By Lauren C. Williams Feb 24, 2021 It s been three months since the Defense Department unveiled its new, updated electromagnetic spectrum strategy and some of the first implementation priorities expected this year will be modernizing IT tools and untangling regulatory constraints. DOD is working on an implementation plan, expected to be completed in March, to address capability and policy challenges with a new governance body and improving spectrum tools, said Frederick Moorefield, the deputy chief information officer for Command, Control, Communications, and Computers and Information Infrastructure Capabilities. In the 2013 version, we did an implementation plan, but I would call it a soft implementation plan. There wasn t a lot of visibility. We didn t raise it up to the [defense] secretary to get signed out, Moorefield told FCW. So what we re doing differently this time is complete this implementation plan that has specific actions in there and dates and who s responsible.

FINCAD Launches Accounting CVA Services for Japanese Financial Institutions

FINCAD Launches Accounting CVA Services for Japanese Financial Institutions Cloud-based Services Allow Japanese Banks to Prepare and Report New IFRS Requirements FINCAD, a pioneer in providing pricing, modeling, and risk analytics, today announced it has launched a new cloud-based service, enabling Japanese financial institutions to evaluate, account for and report credit valuation adjustments (CVA) and debit value adjustments (DVA) to meet Japanese accounting standards, which become effective April 2021 with first reporting due in June 2021. Utilizing FINCAD s next-generation analytics, FINCAD CVA Services will allow Japanese banks of any size and complexity of portfolios to perform the required valuation adjustment calculations for their derivatives trades. Now banks can easily evaluate if they need to report CVA and provide accurate reports as needed to meet regulatory requirements.

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