One of the objectives of the Basel Committee on Banking Supervision's Fundamental Review of the Trading Book (FRTB) is to provide institutions and regulators with a more accurate measure of potential losses based on the worst 2.5% of trading days. As financial institutions begin to wrestle with this upcoming regulatory demand, however, the challenges associated with collecting and validating sufficient traded prices and historical market data cannot be underestimated.
FRTB grew as an outcome of
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails
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