We are kicking off today a new series on our blog about the changes brought by the Fundamental Review of the Trading Book and offer concrete solutions, rooted in technology, to the challenges it poses.
We’ve consulted with our customers over many meetings to understand precisely how the new regulations would impact them, what plans they had to abide by the new regulations and what were the most salient pain points they had identified.
We then held workshops internally to try to deconstruct those pain points and find concrete answers for each of them. We finally organized a round-table event together with PwC in April 2015 where we gathered 45 banking executives and engaged them in a discussion to confront their points of view on the most challenging aspects of the new regulations and what steps some of them had already taken to address those issues.
The first result from those efforts is the White Paper available for download below, titled The Fundamental Review of the Trading Book – Tackling a new approach for market risk. It summarizes the insights we have gathered.
Upcoming posts will go into more details about the discussions that went on at the round-table event as well as specific technology solution we are presenting to make the implementation of the new rules as painless as possible.
Xavier Bellouard is Managing Director of ActiveViam and one of its co-founders. Based in London, Xavier manages the UK operations and oversees the commercial efforts of the company across EMEA and Asia/Pacific. Before founding ActiveViam, Xavier was a key contributor to the development of Summit Systems, a software vendor of applications for front-office operations and trading desks.
Xavier is passionate about the contribution that ActiveViam’s technology can make to the bottom-line of companies operating in highly demanding and complex markets. “Our bottom-up, experience-driven approach to innovation is a fundamental component of the company’s DNA. Since ActiveViam was created in 2005, we have valued it as a prerequisite to delivering cutting-edge technology to our clients”.
Xavier Bellouard is Managing Director of ActiveViam and one of its co-founders. Based in London, Xavier manages the UK operations and oversees the commercial efforts of the company across EMEA and Asia/Pacific. Before founding ActiveViam, Xavier was a key contributor to the development of Summit Systems, a software vendor of applications for front-office operations and trading desks. Xavier is passionate about the contribution that ActiveViam’s technology can make to the bottom-line of companies operating in highly demanding and complex markets. “Our bottom-up, experience-driven approach to innovation is a fundamental component of the company’s DNA. Since ActiveViam was created in 2005, we have valued it as a prerequisite to delivering cutting-edge technology to our clients”.
Innovative data analytics that empower financial services firms to be ready for the unexpected.