A-Team Insight Blogs

How to Solve the Data Sourcing and Management Problems of FRTB

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Your email address will not be published.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 *

*

Share article

Related content

WEBINAR

Recorded Webinar: The latest on identifiers and standards in data management – LEIs, ISINs, CFI codes and more

Don’t miss this opportunity to view the recording of this recently held webinar. The concept of data standardisation is gaining ground as financial firms tackle mounting regulatory requirements while seeking to improve efficiency and reduce costs. Identifiers such as Legal Entity Identifiers (LEIs) and International Securities Identification Numbers (ISINs), and classification codes such as Classification...

BLOG

Eagle, FTID, RDR Preach Reference Data Message

Eagle Investment Systems last week embarked on a mini-tour of Europe, hosting a series of reference data breakfast seminars. While specializing in portfolio management and accounting systems, Eagle has taken a data-centric model and was preaching the reference data message as the cornerstone of any initiative to accurately value an institution’s portfolio. Eagle’s chief operating...

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

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...