McObject Unveils V.7.1 of eXtremeDB Financial Edition to Tackle Regulatory Data Demands

The enhancements in version 7.1 position McObject as a provider of underlying technology to help firms meet MiFID II's best execution requirements and the demands of FRTB.

steve-graves

"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

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