Author Archives: Xavier Bellouard

The challenges and the timeline of FRTB have become clear

A few thoughts after a conference dedicated to the FRTB Last week I took part in the 4th “Impact of Fundamental Review of the Trading Book” conference in London, and I would like to share with you some feedback and …Read more

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FRTB: 3 ideas to move forward

FRTBWith changes as complex and as far-reaching as those introduced by the FRTB, it helps to classify the challenges they pose and deconstruct them into concrete, feasible tasks leading up to December 2019 and consists of either new IT developments, changes in work methods or, more commonly, a combination of both.Read more

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FRTB: Assessing the Challenges

Wuhan-Lyon freight train A few weeks ago, Quartet FS co-hosted a FRTB round-table event with PwC in London as we reported in a previous post. A large number of decision-makers from international banks were present to take part in a discussion that started with the simple opening gambit: “How ready are you to implement FRTB?”Read more

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Solving the challenges of FRTB – White Paper

ActiveViam White Paper - FRTBLearn about the tangible consequences of the FRTB for your organisation and how ActivePivot can create the adequate workflow to tackle them best.Read more

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How long can CCPs afford to wait?

Clearing houseTwo months ago the Basel Committee decided that banks will have to set aside less capital against trades through central clearing houses in a bid to encourage them to use their services. The aim is to make banks use the central counterparties (CCPs), making it easier for regulators to follow the flow of banks’ trades and exposures to each other.Read more

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Tackling the Look-through Challenges with In‑Memory Computing

Look-Through ApproachThis post delves into the implications of the look-through approach for asset managers, building the case for the use of in-memory aggregation technology to process massive amounts of highly granular data.Read more

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Addressing FRTB challenges with in-memory computing

New FTRB rules will make life harder for banksIn a recent video blog published on March 18, Satyam Kancharla from Numerix* highlighted some of the issues introduced by the draft proposal of the Fundamental Review of the Trading Book (FRTB) run by the Basel Committee on Banking Supervision (BCBS). Among those challenges are the transition from Value-at-Risk to Expected Shortfall, the use of varying liquidity horizons, and revisions brought to the methodologies.Read more

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Crowded Trades: Are Clearing Houses Immune From Systemic Risk?

Crowded Trades: Are Clearing Houses Really Immune Against Systemic Risk?The sudden decision by the SNB to remove the longstanding cap on the Swiss Franc against the Euro took markets by surprise, causing many casualties amongst the foreign exchange broker community. As stated by the Financial Times on January 19, “In one of the most damaging currency swings in the modern trading area, the Swiss Franc soared in value, leaving investment banks across the world with big losses and hitting foreign exchange brokers particularly hard”.Read more

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Forbes highlights the scope of ActivePivot in the move to real-time risk management

Tom Groenfeldt, financial technology blogger for the internationally renowned business and finance publication, Forbes, outlines the benefits of using real-time risk management in the face of the Big Data conundrum.Read more

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Big Data analytics – the next big thing?

Big Data analytics is being touted as the next investment area for the majority of enterprise organisations, according to a recent report by analyst house, Ovum. It announced that almost half of IT departments in enterprises in North America, Europe …Read more

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