Info Graphic: A Checklist of FRTB Priorities in Focus

Can your organization's technology infrastructure support the newly finalized Fundamental Review of Trading Book (FRTB) changes?

Word on the street is that implementing FRTB by the 2019 deadline will be a herculean task for many banks, and the capital impact of the regulation could be substantial – to the tune of up to a 40% market risk capital increase compared to the current framework, as estimated by the BCBS.

With the anticipated changes, it’s imperative that banks fully understand all of the rules and their ramifications, to ensure that capital impact and computational challenges are minimized as much as possible.

To help you get your priorities in check, we've developed this handy checklist to guide you and for a more detailed analysis of the latest on the final FRTB text, watch our on-demand webinar FRTB: "Finalized" But Far From The Finish Line.

FRTB: “Finalized” but Far from the Finish Line

 

Join Numerix for our On-Demand Webinar FRTB: "Finalized" But Far From The Finish Line as featured speaker Franck Rossi, Director of Product Management at Numerix, provides an in-depth analysis of the final FRTB text, including a comprehensive discussion of the methodologies for the standardized approach and internal model approach, to help banks better understand what it will take to cross the finish line for the new FRTB regulations.

1 http://www.bis.org/bcbs/publ/d346.pdf, Section 2.1
2 Basel's FRTB QIS: Why the Differene? http://isda.derivativiews.org/2015/11/
3 Industry response to BCBS Consultative Paper on the Review of the CVA Risk Framework from ISDA, GFMA and IIF recommends at least one more Quantitative Impact Study (QIS) is carried out prior to finalization. http://www.bis.org/bcbs/publ/d325.pdf
4 GFMA, IIF & ISDA’s recent Statement in response to BCBS’ FRTB Framework on January 14th 2016 https://www.iif.com/press/gfma-iif-and-isda-statement-fundamental-review-trading-book-framework