Numerix: The Top Three Benefits of Early FRTB Preparedness
When faced with a herculean challenge like Fundamental Review of the Trading Book (FRTB), it’s hard to see past all the uncertainty that lies ahead. Regulatory guidance is unclear and banks must make many tough decisions in a short amount of time – decisions such as whether to build or buy the technology needed to meet FRTB compliance. Although the obstacles are daunting, banks that proactively adapt will see potential capital benefits and achieve competitive advantages. Let’s take a closer
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