Voya 2014 Annual Report Download - page 250

The following table summarizes our exposure by counterparty, including notional amount, fair value and the
net exposure as of dates indicated, demonstrating that we do not have a concentration of credit risk with our OTC
derivative counterparties, which includes cleared derivative counterparties:
As of December 31, 2014
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 .......................... $ 9,735.5 $ 263.9 $ 83.4 $ 64.3
Citibank, N.A. ......................... 3,268.5 90.9 36.2 29.4
Societe Generale ....................... 7,158.7 172.6 129.6 21.6
Deutsche Bank AG ..................... 3,509.2 32.0 9.2 11.4
HSBC Bank USA, National Association
(formerly HSBC Bank) ................ 1,275.6 20.6 10.1 10.4
Credit Agricole Corporate and Investment
Bank .............................. 507.0 9.2 — 9.2
JP Morgan Chase Bank, N.A.
(formerly JP Morgan Chase Bank) ....... 2,239.0 65.5 57.1 7.9
Bank of America, N.A. .................. 1,693.4 7.3 2.9 4.4
Goldman Sachs International ............. 11,725.1 183.7 69.4 4.1
UBSAG ............................. 344.8 3.4 0.1 3.3
Morgan Stanley Capital Services LLC ...... 3,814.4 74.0 16.6 2.4
Credit Suisse International ............... 8,720.7 223.8 128.2 2.0
Wells Fargo Bank, N. A.
(formerly Wells Fargo) ................ 5,279.6 71.8 8.8 1.5
Barclays Bank, PLC
(formerly Barclays Bank) .............. 1,305.9 39.9 23.2 1.0
SunTrust Bank ........................ 60.9 0.7 — 0.7
All Other OTC Counterparties ............ 26,483.0 455.6 266.3 1.0
Total ............................ $87,121.3 $1,714.9 $841.1 $174.6
(1) Represents net exposure after offsetting derivative assets and liabilities of the same counterparty under
enforceable netting agreements and netting of collateral received and posted on a counterparty basis under
CSAs.
The following table summarizes the maturities, associated notional, and fair value of our exchange traded
derivatives and over the counter derivatives, which includes cleared derivatives, as of December 31, 2014:
As of December 31, 2014
Volume of Derivative Activities
($ in millions)
Notional
Amount
Asset
Fair Value
Liability
Fair Value
Net Fair
Value
By Maturity
OTC Contracts:
Within 1 Year ........................... $26,183.3 $ 325.8 $228.2 $ 97.6
1 Year to 5 Years ........................ 29,237.0 461.7 271.2 190.5
5 Years to 10 Years ...................... 23,251.3 278.8 229.1 49.7
10 Years and longer ...................... 8,449.7 648.6 112.6 536.0
Total OTC Contracts ......................... 87,121.3 1,714.9 841.1 873.8
Exchange Traded Contracts .................... 7,589.6 104.7 8.2 96.5
Total Derivatives ............................ $94,710.9 $1,819.6 $849.3 $970.3
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