Calculating risk sensitivities—the main point of FRTB—took on new importance as the markets dropped amid the Covid-19 global pandemic.
The tech giant uses open-source tools to help firms ramp up computing power for complex 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 will add a risk management component to its post-trade platform through its acquisition of the vendor.
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.
In the spirit of giving, Refinitiv's head of regulatory and market structure shares which regulations he's keeping an eye on in 2019.
IMD/IRD Awards 2018
Armanta will be deployed within IBM’s Watson Financial Services’ financial risk unit, which grew out of the tech giant’s acquisition of Algorithmics.
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…
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.
Regulation may have dominated the headlines this year but advances in machine learning and artificial intelligence were also high on the agenda.
John takes a look at some of 2017's key trends, including regulation, cybersecurity and artificial intelligence.
John considers the momentum around the Regtech movement and if it can last for some of the smaller firms in the space.
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.
Anthony and James look at why London clearinghouses may be in danger and the use of cognitive tools to monitor employees.
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.
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 becomes the latest bank to withdraw from the R3 blockchain consortium as the industry body seeks to raise $150 million.
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.
Proof of concept is to test out its FRTB Studio software in a real-time setting.
GoldenSource is building on its data management competencies to develop new risk calculations and visualizations, as well as scenario analysis, to support FRTB requirements.
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.