James Sehgal

Principal Consultant

Invicta PTE LTD

Invicta PTE LTD Principal Consultant and Kynec, Director

Varun James Sehgal has a diverse experience over 22 years across 3 continents (North America, Europe and Asia Pacific) in front office Markets Trading / Portfolio Management of XVA (CVA/DVA, FVA, WWR, Differential Discounting, Capital Optimisation etc), Funding, Collateral Optimisation, and Front Office Market Risk Oversight and more recently Clearing and Margin reforms.  He has been a practitioner of XVA since 2005 and formerly was Asia Pacific Head of XVA at a global bank based in Singapore.

As an ex-practitioner of XVA he has hands on experience in structuring of Derivatives, Regulations (Basel III, CRDIV, Capital Optimisation, and Funding / Differential Discounting), Risk Policy, Control and Governance. He has advised on projects associated to XVA, BCBS-IOSCO / SIMM regulation Margin Requirement for Non-Centrally Cleared Derivatives, FRTB (i.e. CVA-Capital) and IFRS9.
He co-authored a handbook section on Counterparty risk and XVA/ Capital for PRMIA (Professional Risk Managers’ International Association). He has chaired and presented at various industry conferences on CVA/XVA/Capital within Asia Pacific (Bloomberg, RiskMinds, Risk, Marcus Evans etc) and London, UK.
At present he is Principal Consultant of Financial Markets at Invicta PTE LTD, which is based in Singapore He is also Director of Kynec Ltd. which is focused on both CCP Direct Clearing of OTC Derivatives, Client Clearing and Margin Consolidation, which is based in London, U.K.