The partners see standardization of risk models as a significant opportunity, driven by the plethora of new regulations impacting banks that have been introduced over the past decade.
"Open-source software and transparency around risk models bring tremendous benefits to the industry. There's no longer a serious competitive advantage, at least for regulatory risk models, in being opaque about how you do it," says Quaternion chief executive Donal Gallagher. "It would nearly suit everybody in the i
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails