RegTech Insight FRTB The latest content from across the platform

Global RegTech Industry Tops $5bn, But More Collaboration is Needed

The global RegTech industry generated an estimated $5 billion in revenue last year, as regulatory changes and technological advancements drove a surge of new startups in the past five years – according to a new Global RegTech Industry Benchmarking Report released this week by the Cambridge Centre for Alternative Finance (CCAF). Sponsored by EY Japan…

FRTB Impact a Triple Threat, Finds ISDA

Final market risk capital rules will lead to a higher increase in bank capital requirements than previous estimates given by international regulators earlier this year, an undisclosed industry study has found, as reported by Risk.net – leading to concerns that the capital hike could force firms to scale back trading activities to meet the new…

Applicants Sought for New York RegTech Trade Mission

A-Team Group is delighted to partner with the UK’s Department for International Trade (DIT) to call for applications from UK RegTech businesses (specifically companies with a focus on regulatory monitoring, reporting and compliance) to participate in its upcoming 2019 UK RegTech Trade Mission to New York. Taking place November 13-15 in New York City, the…

A Strategic Approach to FRTB Compliance and Broader Risk Data Management

Data management for compliance with Fundamental Review of the Trading Book (FRTB) regulation has been acknowledged as a significant challenge, but it is not without hope as banks within scope consider how much data they have in-house and what must be sourced externally, build data management platforms to meet FRTB requirements for data consistency across…

EBA Publishes FRTB Roadmap, Launches Consultation

Prior to the implementation of the Fundamental Review of the Trading Book (FRTB), now scheduled for January 2022, the European Banking Authority (EBA) on June 27 issued a new roadmap for market and counterparty credit risk approaches, providing a comprehensive overview of deliverables in the area of market and counterparty credit risk and outlines the…

Embracing the Known in FRTB: Why Banks Need to Step Away from the Data Pool and Start with the Familiar

By: Charlie Browne, Head of Market & Risk Data Solutions, GoldenSource. The Fundamental Review of the Trading Book (FRTB) is coming and it has sent firms into a spin around how to get the data required to prove risk factor modellability. It is the first time banks will be obligated to do this, a mammoth…

The Trials, Tribulations and Potential Benefits of FRTB Compliance

Fundamental Review of the Trading Book (FRTB) regulation is more prescriptive than former Basel 2.5 market risk requirements, calls for a consistent workflow across risk, finance and the front office, and needs firms to source previously unused and difficult to find data – challenges that many banks have yet to conquer ahead of the January…

Recorded Webinar: FRTB: Laying the groundwork for compliance

The January 2022 compliance deadline for sell-side firms within the scope of Fundamental Review of the Trading Book (FRTB) regulation may seem far into the future, but the complex demands of the regulation and the need to source regulatory data that has never previously been required mean firms should already be identifying tools, solutions and…

FRTB 2022 Deadline Proves Tricky for Firms and Regulators

Global regulatory implementation of the Basel Committee on Banking Supervision’s (BCBS) Fundamental Review of the Trading Book (FRTB) may be unevenly paced, creating challenges for financial institutions and regulators alike. FRTB was introduced to fix problems that both regulators and the industry perceived with so-called ‘Basel 2.5’ market risk changes, which were put in place…

How to Source and Manage Data for FRTB – The Challenges and Opportunities

Sourcing and managing data for Fundamental Review of the Trading Book (FRTB) compliance is no mean feat, but there are options and choices to be made as firms within the scope of the regulation build out compliance programmes ahead of its January 2022 deadline. A panel session at A-Team Group’s recent FRTB briefing in London…