Fundamental review of the trading book (FRTB)
Brokers eye regulatory info as growth dataset to ease banks’ compliance burden
For years, inter-dealer brokers have provided price data on the markets in which they broker trades. Now, they spy a new growth opportunity—providing tailored datasets of clients’ trading activity to help them comply with a growing and increasingly…
Big Data Challenges—Unlocking Opportunities for Banks to Rethink Their Data Structures
Revisions to banks’ mandatory capital requirement regulations, to be implemented in a few jurisdictions in January 2023 and globally in 2024, will present these institutions with a massive challenge as the volumes of data they must manage and analyze…
Waters Wavelength Podcast: Bloomberg on FRTB
Bloomberg's Eugene Stern and Brad Foster discuss data challenges relating to the Fundamental Review of the Trading Book (FRTB).
Magnetic tape looks to find a new life at banks in a cloud-based world
IBM, which recently set a new world record for tape storage, says a lot of its financial services clients use the medium for storage as its cheaper and safer than other digital storage options. Others are skeptical of tape’s long-term prospects.
Algorithmics charts new course in year-plus after SS&C acquisition
After eight years with IBM, Algorithmics has grown its staff significantly in the year since SS&C bought the risk analytics provider. The vendor is now taking aim at tapping into SS&C’s roster of buy-side users by embedding with the likes of Advent and…
FRTB–Taking Stock of Where We Are Today
This report distills the new approaches for calculating market risk outlined by the Basel Committee, and how regulators across Asia, Europe and the US plan to roll out FRTB in their markets. In addition, the report includes the inputs from banking…
CanDeal Leverages Canadian Data Pooling Model to Build Data & Analytics Business
DNA will use CanDeal's unique position-capturing data from the country's top broker-dealers to create new data services.
This Week: IHS Markit, Vela, Euronext, ASX, Essentia & More
A summary of some of the past week’s financial technology news.
ActiveViam Embraces Python for its In-Memory Database
The vendor is building off its April release of an enrichment tool for Python notebooks.
Torstone to Integrate Risk Calculations into Inferno
The vendor will add trading position flow and risk calculations to the platform this year, as it continues to integrate functions from recent acquisition Percentile.
Former AppsBroker Exec Sets Up Cloud Data Consultancy
GreenBirch will focus on helping financial firms explore ways to adopt cloud technologies, starting with time-series data management and commercializing internal datasets.
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.