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

A-Team Insight Podcasts

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

Subscribe to our newsletter

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 discussed these options and choices, focusing on the requirements of the Internal Model Approach (IMA) and the Standardised Approach (SA) and discussing their differing data demands, what each model means for capital requirements, and the impact it could make on products and trading desks. Diving into the detail of the models, particularly the IMA, the panel considered how to source all the internal and external data required for compliance, such as historical time series data for price observation associated with non-modellable risk factors (NMRFs), and high quality reference data for instrument classifications and market data to enrich trade data sets.

While FRTB compliance was described by one panellist as a ‘massive data management exercise’, the conversation also turned to the potential benefits of compliance, with another noting ‘If you are a large bank, the IMA is a huge data management burden, but the ability to normalise and link data together will extend way beyond FRTB compliance’.

Listen to our podcast on sourcing and managing data for FRTB to hear the complete conversation.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Bloomberg’s Kate Lee on Regulatory Data as an Operating Layer for Compliance and Reporting

Regulatory data has become a firmly established part of the control architecture of capital markets firms. As transparency rules diverge across the jurisdictions, liquidity monitoring becomes more granular, and supervisors demand stronger evidence of how figures are derived, firms are obligated to treat regulatory datasets as governed, versioned and explainable operating assets. In this Q&A...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...