A-Team Insight Blogs

How to Solve the Data Sourcing and Management Problems of FRTB

Share article

Fundamental Review of the Trading Book (FRTB) presents some of the toughest data sourcing and management requirements in the history of capital markets regulation since the 2008 financial crisis. It also has an implementation date of January 1, 2022, which considering the regulation’s complexity, means there is no time to delay in getting your FRTB programme up and running.

Among the data sourcing challenges of FRTB are market and reference data required by the Standard Model Approach and more sophisticated Internal Model Approach embedded in the regulation. The pain points of managing data for compliance include non-modellable risk factors, profit and loss attribution tests, risk factor eligibility tests and the expected shortfall measure of risk – all of which are compounded by the need for granular and high quality data.

To find out how to solve the data sourcing and management problems of FRTB compliance, join A-Team Group’s Breakfast Briefing on Tuesday May 14, 2019 at Glaziers Hall in London. The event will kick off with a keynote by Neels Vosloo, head of regulatory risk EMEA at Bank of America Merrill Lynch, who will detail the rules, requirements and priorities of FRTB from a user perspective.

The keynote will be followed by two panel discussions moderated and joined by FRTB experts, and dedicated to the details of sourcing and managing data for FRTB, and best practice approaches to the data management challenges of compliance.

Register now for the briefing to find out everything you need to know about FRTB, how to resolve its data and data management challenges, and what priorities you need to put in place to ensure compliance on January 1, 2022.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Recorded Webinar: Senior Managers and Certification Regime (SMCR) – challenge or opportunity?

Are you ready to meet the requirements of the Senior Managers and Certification Regime (SMCR) when it comes into force for all firms authorised by the Financial Conduct Authority (FCA) in December 2019? Have you allocated all your staff to one of the four categories available under SMCR? Has your firm prepared a ‘statement of...

BLOG

IHS Markit Dedicates 2019 to Customer Experience, Data Science and Technology Development

IHS Markit is playing into the need for change in data management with a focus on customer experience, strength in data science, cloud hosted services, alternative data and a three-year roadmap that will enhance the technology underpinning its enterprise data management solution, IHS Markit EDM. It is also taking advantage of opportunities in the buy-side,...

EVENT

Data Management Summit London

Now in its 8th year, the Data Management Summit (DMS) in London explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...