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
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