All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Product control?

Definition 27.7 Rates, Credit, XVA and Risk · Chapter 27 — P&L Explain and Independent Price Verification

Product control is the finance function, independent of the desks, that produces and explains the daily P&L, verifies the marks, sets reserves and reconciles the trading books with the general ledger.

Read in context →