Over two-thirds of banks favor one central XVA desk, survey finds

Key facts

• More than two-thirds of banks favor a single central desk to manage derivatives valuation adjustments, per Risk Benchmarking research.
• The share rises to 85% among global dealers, the research found.
• The research said centralizing operations does not resolve difficulties in tracking XVA costs and derivatives compute share.

More than two-thirds of banks favor a single, central desk to manage derivatives valuation adjustments, according to Risk Benchmarking research published on November 6, 2026. The share rises to 85% among global dealers.

The research, part of a series benchmarking bank XVA management practices, said centralizing operations does not by itself resolve the difficulty many banks face in tracking XVA costs and their share of derivatives compute. The published extract of the report did not give the number of banks surveyed or the full breakdown of responses.