Business Track: Fast Data Key to Efficient Capital Management
The Basel Committee on Banking Supervision (BCBS) and local regulators has been focussed on making banks more safe and resilient. A whole raft of new capital charges and constraints on liquidity and leverage have been introduced: Basel II.5, Basel III, Dodd-Frank, FRTB (“Basel IV”), etc. These have significantly increased the risk data management capabilities banks must have—capabilities that only big data tools can provide.
This talk will cover the challenges of building a position-aware risk management platform that properly aggregates all intra-day trading activity, monitors exposures and risk. The fast data stack can help banks create such a platform and provide a robust foundation to achieve compliance and, ultimately a significant competitive edge by making efficient use of capital.