Benefits
Comprehensive Regulatory Compliance:
Atoti FRTB fulfills the essential functions required for regulatory compliance: reporting, explaining, and optimizing. It calculates risk figures, generates reports, and provides detailed explanations for internal and external audits, ensuring compliance with the IMA.
Real-Time Analysis:
Atoti FRTB supports real-time data processing, enabling financial institutions to perform day-to-day FRTB calculations, which are often required to be more frequent than the typical weekly or monthly runs. This ensures up-to-date risk assessments and timely decision-making.
Explaining and Optimizing Capabilities:
Beyond reporting, Atoti FRTB offers critical tools for explaining and optimizing risk. It allows users to test alternative stress scenarios, demonstrate model accuracy, and optimize portfolios by assessing the impact of changing positions or trades. This capability helps institutions improve performance and profitability.
High-Performance and Scalable:
Atoti FRTB can handle large data volumes efficiently, making it suitable for extensive and complex risk calculations. It provides train-of-thought analysis on terabytes of data, ensuring quick and accurate insights.
Deployment Flexibility:
Atoti FRTB can be deployed in various configurations to suit different organizational needs:
- On-Premise:
Compatible with a variety of hardware, ensuring robust performance. - In the Cloud:
Extensively tested on platforms like Azure, AWS, and Google Cloud, offering scalable and flexible deployment options. - As SaaS:
Available as a managed service, providing the fastest time-to-production and complete control over the investment.
Proven Track Record:
Atoti FRTB is already in production at major banks worldwide, including HSBC, Erste Bank, CIBC, and Mizuho. It has passed the ISDA FRTB SA Regulatory Benchmarking Unit Test and serves as a benchmark for global regulators. The application manages the complexity of over 1,000 rules that have to be implemented in line with regulatory specifications to ensure currency, accuracy and timeliness of the resulting figures.
Ease of Implementation:
The solution can be fully deployed within 4 to 6 weeks, ensuring a quick turnaround for institutions looking to enhance their market risk analytics capabilities.
Advanced Features:
Atoti FRTB includes native What-If scenario capabilities, stress testing, and reverse stress testing, enabling detailed simulations and risk assessments. It also supports real-time limit monitoring and early warning indicators, ensuring proactive risk management.
Affordability and Cost Control:
Atoti FRTB offers a cost-effective solution for enhancing analytics capabilities, ensuring that institutions can manage their investments while achieving high performance and compliance.
User-Centric Design:
The solution provides a user-friendly interface with customizable dashboards and automated reporting, enhancing the user experience and facilitating efficient risk management processes.
Systems Monitoring:
Implementing a system that performs millions of calculations daily for FRTB requires seamless integration with network and systems management tools. Atoti FRTB’s Open Telemetry API allows organizations to effortlessly connect with industry-leading applications like DataDog, ensuring optimal performance and monitoring capabilities.