Tag: FRTB

How Hadoop & Workload Automation Make FRTB Compliance More Manageable

When regulation increases so does the need for automation. Otherwise, the cost of compliance and risk of violations become unsustainable. The upcoming Fundamental Review of Trading Book (FRTB) requirements provide an excellent example of how enterprises can bring together Big Data and workload automation to effectively meet compliance requirements while minimizing the burden on staff. BMC is currently working with several leading international financial institutions to meet the FRTB challenge and we’ll share some perspective here.

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