PwC Audit signs up to SuperD
"In the current volatile market, accurate revaluation of OTC derivatives is one of the top concerns of our clients," said Paul Facer, director of assurance at PwC Audit in London. "Loss of funds as a result of inaccurate pricing can have a massively adverse effect on the value of a company's portfolio."
PwC will use the vendor's SD-Revaluation service to ensure clients' compliance with accounting regulations. The auditor will use the service for clients based in central and eastern Europe.
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