Implementing FRTB in a Complex Financial Landscape

Today, banks are faced with embracing new technology and new data feeds to meet FRTB compliance obligations. Murex Head of Market Risk Bruno Castor and Risk.net editor Jon Anderson discuss how CTOs should approach the implementation challenges of the forthcoming regulation.

The convergence of risk and trading is the spirit of FRTB and it can be done with a single enterprise platform that manages both front and risk on the same instance, or with multiple platforms for different functions. Focusing first on the impact of selecting the IMA vs. the RSA, this interview explores single- and multi-platform approaches and then considers the pros and cons of each for CTOs. Looking forward, FRTB could even become a catalyst for IT transformation as banks adapt their infrastructure to optimize performance and lower TCO.