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Stifel and Chatham Financial Enter Into Agreement to Assist Banking Institutions’ Management of Interest Rate Risk

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Chatham Financial, an independent risk management advisory and technology solutions provider, and Stifel, a full-service brokerage and investment banking firm, have entered into an agreement that will offer Stifel’s financial institution clients (“FIs”) direct access to state-of-the-art off-balance-sheet interest rate risk management solutions.

Under the terms of the agreement, Stifel’s clients will now be able to access interest rate derivative accounting and valuation solutions via Chatham’s robust proprietary web-based platform.

Through its Financial Institutions team, Chatham Financial works with FIs of all sizes to provide advisory and technology solutions in the areas of interest rate risk management, hedge accounting, and derivatives valuation – services that are outside the realm of many FIs’ finance teams. The Chatham – Stifel agreement offers FIs an enhanced level of access to these sophisticated risk management solutions.

“Traditionally, financial institutions – especially mid-size, regional FIs – have bought and sold fixed income securities and utilized wholesale funding to manage their interest rate risk. This can be simpler for FIs to navigate, but it’s often sub-optimal,” said Bob Newman, Managing Director of Financial Institutions Advisory at Chatham. “More efficient interest rate risk management is possible through the use of derivatives and appropriate hedge accounting, and through this agreement with Stifel we are together enabling a wide range of mid-size FIs to access these capabilities.”

“This agreement provides a competitive advantage to Stifel’s financial institution clients by providing them with comprehensive strategic solutions that allow them more alternatives to effectively manage their interest rate risk,” said Jamie Augustine, Chief Operating Officer, Institutional Fixed Income at Stifel. “With access to accounting and valuation solutions from Chatham Financial, Stifel’s FI clients will be able to gain additional leverage from Stifel’s world-class asset/liability, capital planning, and interest rate risk solutions to manage their risks more efficiently and have confidence that they are receiving favorable hedge accounting treatment.”

About Chatham Financial

Chatham Financial is a full-service financial risk management advisory services and technology solutions firm, serving clients in the areas of interest rate, foreign currency and commodity hedging, hedge accounting, regulatory compliance, and debt and derivatives valuations. Chatham serves over 1,200 companies annually, providing deep derivatives expertise, services, and technology solutions to its clients through a global team of risk management professionals, CPAs, analysts, and technology developers. To learn more about Chatham, please visit the Company’s website at

About Stifel

Stifel Financial Corp. (NYSE:SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Century Securities Associates, Inc., and through Stifel Nicolaus Europe Limited and Keefe, Bruyette & Woods Limited in the United Kingdom and Europe. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank & Trust offers a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. offers trust and related services. To learn more about Stifel, please visit the Company’s web site at

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