Both companies are working on a methodology within Markit's Risk Factor Utility to determine risk factor modelability to figure out which areas of the industry have enough information to base a risk model on. Oliver Wyman will use data from Markit's FRTB Data Service, which combines trade data from partner banks.
The out-of-the-box service is expected to reduce reliance on time-consuming and costly development by banks. Yaacov Mutnikas, executive vice president of financial technologies at IHS
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails