White Paper

FRTB: The Technology Considerations and What You Need to Know

Company: Numerix LLC

Numerix LLC case study

Category: Compliance

Published: 03 April 2017

Format:

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Overview

For banks, dramatic change is on the horizon. Finalized in January of 2016, FRTB (Fundamental Review of the Trading Book) represents the most significant market risk regulatory change in at least the last decade.

The most pressing issue for banks may be the technology requirements as aging legacy infrastructures have been over tasked and are often simply band-aided to meet post financial crisis demands—a tact no longer viable.

As the 2019 FRTB implementation deadline approaches, this white paper explores the technology infrastructure needed to meet the flexibility, agility, scalability and computational requirements of FRTB.

Categories related to Compliance