Fundamental review of the trading book (FRTB)
Coronavirus Crisis Highlights Need for More Informed Risk Calculations
Calculating risk sensitivities—the main point of FRTB—took on new importance as the markets dropped amid the Covid-19 global pandemic.
Google Leverages Kubernetes to Help Banks with Risk Models
The tech giant uses open-source tools to help firms ramp up computing power for complex risk calculations.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Torstone Buffs Middle-Office Bona Fides with Percentile Buy
Torstone will add a risk management component to its post-trade platform through its acquisition of the vendor.
CanDeal Enlists TickSmith for OTC Canadian Data Pool Tech
The new venture will use the Data Pooling module of TickSmith's Big Data platform to capture and process OTC price data from participating firms.
Refinitiv Head of Market Structure Previews Regulations to Watch in 2019
In the spirit of giving, Refinitiv's head of regulatory and market structure shares which regulations he's keeping an eye on in 2019.
Overall Best Data Provider: Thomson Reuters
IMD/IRD Awards 2018
IBM Buys Armanta to Bolster Financial Risk Offering
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.
Global Fragmentation Looms in FRTB Data Pooling Stand-Off
The upcoming FRTB market risk framework allows financial firms to take different approaches to non-modelable risk factors: either capitalize risk factors that lack observable pricing in-house, or use a vendor-run data pooling utility. But, as Dan…
April 2018: ‘Power You Can’t Buy’
This month, Max runs down the contents of Inside Data Management, from potential solutions to regulatory dilemmas to the heroes who may save us from exchange data and index injustices.
Top Stories of 2017: Best of Sell-Side Technology
Regulation may have dominated the headlines this year but advances in machine learning and artificial intelligence were also high on the agenda.
Best of 2017: The Top Trends
John takes a look at some of 2017's key trends, including regulation, cybersecurity and artificial intelligence.
Regtech May Be the New Fintech But Will the Momentum Last?
John considers the momentum around the Regtech movement and if it can last for some of the smaller firms in the space.
GoldenSource, McObject Ally for High-Performance EDM Solution
The partnership will integrate McObject's high-performance database technology with GoldenSource's market and reference data management tools to meet the data analysis requirements of new regulations.
Waters Wavelength Podcast Episode 74: The Regtech Craze & Clearing Concerns
Anthony and James look at why London clearinghouses may be in danger and the use of cognitive tools to monitor employees.
IBM Takes Aim at Regtech Space Using Cognitive Technology
IBM marks its first major product launch in the financial services regulatory space with the roll-out of new cognitive solutions educated by Promontory professionals.
Praying for Another Day: As FRTB Looms, Banks Prepare
Industry testing for FRTB will begin in 2019 with implementation coming in 2020, though there is hope that personnel changes at the Basel Committee will lead to some extra leeway.
JPMorgan Follows Goldman Sachs, Morgan Stanley in R3 Consortium Exit
JPMorgan becomes the latest bank to withdraw from the R3 blockchain consortium as the industry body seeks to raise $150 million.
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.
AFTAs 2016: Most Innovative Third-Party Technology Vendor: Communication, Operations and Data Management—Asset Control
Asset Control wins the category in its first year of existence.
IHS Markit Completes POC for FRTB Aggregation
Proof of concept is to test out its FRTB Studio software in a real-time setting.
GoldenSource Readies FRTB Risk Calculation Solution
GoldenSource is building on its data management competencies to develop new risk calculations and visualizations, as well as scenario analysis, to support FRTB requirements.
Emilia David: FRTB and Aging Infrastructure
The Fundamental Review of the Trading Book offers banks the opportunity to finally look closely at their legacy infrastructure, as it portends more and more regulatory and operational changes, Emilia says.