BrandPost: FRTB compliance will require infrastructure upgrades for financial firms

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Financial institutions are gearing up to comply with Fundamental Review of the Trading Book (FRTB) practices. These new rules require banks to provide evidence of sufficient market liquidity related to market risks and positions in their trading books. And as banks work to meet this objective, many are facing a hard truth: Their trading-risk infrastructures are too underpowered to handle the data volume and processing demands necessary for compliance.This assessment comes to us in a new white paper from the research firm IDG. In the paper — sponsored by Dell Technologies, Cloudera and Intel — IDG notes that among the necessary technology upgrades are those supporting additional computational and historical data storage capacity, scalable horsepower, continuous monitoring and back-testing.To read this article in full, please click here

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Financial institutions are gearing up to comply with Fundamental Review of the Trading Book (FRTB) practices. These new rules require banks to provide evidence of sufficient market liquidity related to market risks and positions in their trading books. And as banks work to meet this objective, many are facing a hard truth: Their trading-risk infrastructures are too underpowered to handle the data volume and processing demands necessary for compliance.

This assessment comes to us in a new white paper from the research firm IDG. In the paper — sponsored by Dell Technologies, Cloudera and Intel — IDG notes that among the necessary technology upgrades are those supporting additional computational and historical data storage capacity, scalable horsepower, continuous monitoring and back-testing.

To read this article in full, please click here

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