Two years after the January 2016 deadline for banks to introduce improved risk data aggregation and reporting (BCBS239), the latest report from the BCBS on implementation progress makes grim reading: only three out of thirty global systemically…
Torstone Technology
Recent Posts
Cloud Computing and Capital Markets in 2018 and Beyond
Percentile’s CTO, Chris Miller, discusses why he believes Cloud is no longer a “dirty word” in Capital Markets and Banking.
Topics: Cloud, Capital Markets, Risk
A year after Basel’s new Minimum Capital Requirements for Market Risk (commonly referred to as FRTB) were published, its P&L attribution tests remain a major issue for banks needing to implement it – both in the lack of clarity around it and the…
Topics: FRTB
Banks can do so much more with FRTB compliance. Here’s how.
Trading banks must as a minimum implement the “standardised approach” to comply with the new Fundamental Review of the Trading Book (FRTB) set of regulatory proposals. In this article we look at how advanced analytics tools can help banks derive…
Topics: FRTB, Standardised Approach
RegTech has really emerged as its own space within the financial technology sector and beyond, and it is commanding a lot of attention. We’ve seen this firsthand at Percentile, from how it has become a central topic of discussion and with increasing…
Topics: RegTech, Capital Markets
Risk has gone through three distinct phases over the last 30 years. The changes have reflected both the external focus on the financial services industry from regulators and the way that technology has changed what’s possible. It’s a process that’s…
Risk Technology Challenges for Asset Managers
This is a transcript of an a recent interview with Anthony Pereira, CEO of Percentile.
[Q] What are the major technology challenges that asset managers are facing at the moment?
They’re very similar to what has been faced by other industry sectors, in…
Resilient Stress Testing Platforms: Top 4 Considerations
“Bank of England May Toughen Stress Tests as Economy Rallies,” claimed the Bloomberg Business headline on 28 July. Deputy Governor Jon Cunliffe explained in a speech that the Bank of England’s approach would be to use stress testing more…
Topics: Stress Testing
Six things to demand from your Risk Technology
Given events in the financial sector in the past decade, it’s safe to say all eyes are on risk. In the context of lessons learned from the financial crisis, the Basel Committee on Banking Supervision in its BCBS 239: Principles for Effective Risk Data…