Boston, June 24, 2020 –While most regulations have led to concerns at financial institutions given the costs of compliance—from staffing and technology to shifts in operating models—the FRTB rules have challenged both market participants and regulators to such a degree that a number of changes to its implementation timeline have resulted.
This Impact Report provides a recap of the regulatory requirements of FRTB, a review of the timeline, and the implications to banks’ operational models around risk, data management, and technology. Based on an extensive survey of 10 global providers of sell-side risk and FRTB solutions, it highlights some of the latest developments focused on risk management technology and provides details of third-party solutions designed to get banks ready. It also unearths the challenges market participants are experiencing with the regulation and what the industry should expect by 2023.
This 44-page Impact Report contains five figures and 13 tables. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions ActiveViam, Bloomberg, Calypso, Deutsche Bank, Finastra, FIS, IHS Markit, Microsoft, Murex, Numerix, Razor Risk Technologies Limited, and SS&C.
About the Author
Datos Insights
We are the advisor of choice to the banking, insurance, securities, and retail technology industries–both the financial institutions and the technology providers who serve them. The Datos Insights mission is to help our clients make better technology decisions so they can protect and grow their customers’ assets.
Other Authors
Datos Insights
We are the advisor of choice to the banking, insurance, securities, and retail technology industries–both the financial institutions and the technology providers who serve them. The Datos Insights mission is to help our clients make better technology decisions so they can protect and grow their customers’ assets.