"The changes are focused on the global financial markets and geared towards reducing the time it takes to load and analyze data. Clients particularly value this for risk management, and of course it helps them meet regulatory requirements such as MiFID II and FRTB, [the Fundamental Review of the Trading Book regulation], both of which demand storage and fast analysis of vast volumes of data," says McObject chief executive co-founder Steve Graves.
To comply with the upcoming FRTB requirements, f
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails