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

FRSGlobal Launches New Liquidity Risk Solution for Compliance with UK’s CP 08/22

Subscribe to our newsletter

Risk and regulatory reporting solution vendor FRSGlobal has launched its new Liquidity Risk solution, aimed at enabling financial institutions to meet the requirements proposed by the UK Financial Services Authority’s (FSA) Consultation Paper (CP) 08/22. According to Thomas Brouwer, product manager at the vendor, the combined risk and regulatory platform meets its customers’ demands for integrated internal and external reporting with features.

Brouwer reckons there will be more regulation along the lines of the FSA proposals from other regulators in the near future. “The events of the past year have highlighted just how inadequate existing liquidity management, measurement and reporting regimes have been. The FSA has been the first to show its cards, but we do not expect them to be alone in imposing stringent liquidity requirements. The financial and political landscape has undeniably changed – regulators across the globe cannot be seen to be lax on liquidity and financial institutions must prepare themselves for a host of associated changes,” he says.

The solution includes nine new regulatory reports for liquidity risk, modules to assist in stress testing and in meeting the regulation’s new data management and management reporting requirements.

The consultation paper has already come under fire from the industry due to the shortened timeframe for implementation, by October this year, and its potentially onerous reporting requirements for small to medium sized institutions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Transforming Data Experiences in Quantitative Research and Trading

For quantitative researchers and quant trading teams at banking and capital markets firms, the ability to access, integrate, and share data is critical. Data and how teams collaborate with data underpins the ability to generate alpha, perform execution analyses, and provide a modern and differentiated client experience. However, for most banks, legacy technology stacks and...

BLOG

BNP Paribas First with Successful Test of ISDA’s Digital Reporting Facility for Swaps

BNP Paribas has successfully tested and implemented the International Swaps and Derivatives Association’s (ISDA) Digital Regulatory Reporting (DRR) initiative for swaps under the US Commodity Futures Trading Commission’s (CFTC) amended reporting rules. The successful test marks the first time ISDA’s DRR has been deployed in a real-world environment, with a successful submission of data to...

EVENT

FinCrime Tech Briefing, London

RegTech Insight (from A-Team Group) is proud to announce the launch of its FinCrime Tech Briefing taking place in both London and New York this summer and focusing on RegTech for AML and Financial Crime Compliance.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...