Achieving the correct balance between an attractive yield and safety for cash deposits is a major issue. The risks associated with holding deposits at different counterparties has led JCAP to offer a service that is designed to inform depositors of any news that may affect the depositor risk associated with any of JCAP’s bank counterparties.
JCAP regularly report on depositor risk using the following sources of information:
Movements in a credit rating at any of the major ratings agencies. (Moody’s, Fitch, S&P)
Credit Default Swaps.
Sovereign debt yields.
Major news feeds and business publications.
The published accounts of the banks highlighting their financial ratios.
JCAP’s counterparty risk monitoring service is free and designed to assist fiduciaries with their regulatory duty to monitor risk on behalf of its clients.