Voya 2013 Annual Report Download - page 232

The following table summarizes our exposure by counterparty, including notional amount, fair value and the
net exposure as of December 31, 2013, demonstrating that we do not have a concentration of credit risk with our
OTC derivative counterparties:
As of December 31, 2013
Concentration of OTC Derivative Counterparty
($ in millions, unless otherwise specified)
Notional
Amount
Asset
Fair Value
Liability
Fair Value
OTC
Derivative
Exposure(1)
OTC Derivative Counterparty
BNP Paribas .......................... $11,974.6 $ 199.7 $ 298.0 $ 28.9
Credit Suisse International ............... 8,089.5 134.4 222.0 1.3
Citibank NA .......................... 4,107.2 72.9 85.3 13.2
Goldman Sachs International ............. 11,899.1 230.0 233.6 59.7
Deutsche Bank AG ..................... 4,256.0 43.6 55.8 4.3
JP Morgan Chase Bank ................. 2,795.2 62.9 120.3 4.1
Wells Fargo .......................... 5,772.9 79.5 35.8 1.1
Morgan Stanley Capital Services LLC ...... 4,083.1 60.2 28.8 13.3
Barclays Bank ......................... 1,831.3 39.1 61.6 1.3
Bank of America, NA ................... 1,852.9 9.0 27.2 1.8
UBSAG ............................. 365.7 15.4 1.8 13.4
ING Capital Markets ................... 518.9 11.4 0.9 3.1
HSBC Bank .......................... 1,005.4 19.6 13.9 11.1
Societe Generale ....................... 480.6 26.3 0.2 13.4
The Royal Bank of Canada ............... 61.9 1.8 — 0.9
All Other OTC Counterparties ............ 14,830.7 141.5 145.7 0.4
Total ............................ $73,925.0 $1,147.3 $1,330.9 $171.3
(1) Represents net exposure after offsetting derivative assets and liabilities of the same counterparty under
enforceable netting agreements and netting of collateral received and posted on a counterparty basis under
CSAs.
The following table summarizes the maturities of our derivatives portfolio and associated notional and fair
value as of December 31, 2013:
As of December 31, 2013
Volume of Derivative Activities
($ in millions)
Notional
Amount
Asset
Fair Value
Liability
Fair Value
Net Fair
Value
By Maturity
OTC Contracts:
Within 1 Year .......................... $14,837.5 $ 123.7 $ 24.7 $ 99.0
1 Year to 5 Years ........................ 26,101.0 424.4 529.7 (105.3)
5 Years to 10 Years ...................... 24,536.5 453.5 277.7 175.8
10 Years and longer ...................... 8,497.4 145.7 498.8 (353.1)
Total OTC Contracts ......................... 73,972.4 1,147.3 1,330.9 (183.6)
Exchange Traded Contracts .................... 7,212.4 2.0 20.9 (18.9)
Total Derivatives ............................ $81,184.8 $1,149.3 $1,351.8 $(202.5)
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