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Emerging Market Risk Challenges and FRTB

The financial services industry will need to face big challenges head on – particularly the ability to measure and manage firmwide market risk intraday and on demand. 

In the age when analysis and trades happen in milliseconds, it is surprising that many enterprise market risk systems are still based on legacy technology and processes. The whole system is designed to optimize real-time leverage and profit – not manage firmwide and systemic market risk. A sea change is imminent. 

This white paper examines the current market risk challenges that concern regulators and the selected steps they are taking, such as Fundamental Review of the Trading Book (FRTB). It further explores five strategies beyond FRTB to address the emerging market risk challenges.