About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Asset Control Partners with Finmechanics on FRTB Solution

Subscribe to our newsletter

Data quality software specialist Asset Control has joined forces with Singapore-based risk management and regulatory compliance firm Finmechanics to launch a new technology solution banks with an accelerated approach to FRTB implementation.

Including both standardised approach and internal models approach (IMA) and other regulatory imperatives, the approach integrates data management with risk analytics, allowing non-modellable risk factors and profit and loss (P/L) discrepancies to be quickly identified and addressed.

Finmechanics, which characterises itself as a challenger fintech, is the developer of FM Converge, a microservice oriented treasury and risk platform, specialising in FRTB implementations. “The triple challenge of FRTB involves data integrity, extremely fast performance demands and flexible business processes,” explains Anindya Sarkar, CEO of Finmechanics.

“By coupling FM Converge to Asset Control’s enterprise data platform, the solution builds on data integrity across the trading desks, which allows us to immediately focus on non-modellable risk factors and start optimising the SA/IMA desk configurations as quickly as possible.”

In addition to FRTB solutions, the partnership will also provide solutions for enterprise projects such as transition to new interest rate benchmarks, counterparty credit risk and end-to-end digitisation of banks’ services.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Addressing conduct risk: approaches to surveillance

Conduct risk in financial services is a critical area that requires vigilant monitoring and robust surveillance mechanisms. Regulatory bodies, (FCA, FINRA and others) have tightened their scrutiny and financial institutions must adopt advanced approaches to effectively manage and mitigate conduct risk. This webinar will examine the latest methodologies and technologies used to address conduct risk,...

BLOG

Key Takeaways from FINRA’s 2025 Oversight Report

FINRA released its 2025 Regulatory Oversight Report (the Report) in January, highlighting several rapidly evolving challenges confronting its member firms. From the rise of “deepfake” AI that empowers criminals to carry out convincing cyberattacks, to newly highlighted dangers of synthetic identity fraud, the Report details how malicious actors continue to adapt their methods. Along with...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...