Banks Eye Mixed Platforms to Calculate Front-Office Risk
Rabobank International's enterprise-wide risk systems utilize a mixture of both types of calculations, says Simon Calvert, head of global financial markets risk IT at the firm. For several years the bank has used a cross-asset pre-deal check for counterparty pre-deal check that is linked to some of its front-office systems, he says. The system requires rekeying for some of the lower-volume front-office systems.
Rabobank officials are looking to make more of the bank's interfaces work in real time
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