The FRTB Shuffle
Banks are preparing for FRTB and vendors are pushing the industry to figure out an infrastructure strategy to deal with it.
Many of the technologies the financial industry wants to use are called transformational. Now, more often than not, these refer to things like blockchain that some believe will completely change the way that banks do business. Then there are those that are developed specifically to meet regulatory requirements. Rare are those technologies that do both: revamp how banks work while helping to comply with new rules.
The Fundamental Review of the Trading Book (FRTB) is expected to change workflows
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