Piraeus has played a pivotal role in supporting the recovery of the Greek economy and restoring trust in Greek banks. To keep pace with market conditions and ensure compliance with stringent regulation, Piraeus recognised the need to adapt their risk analytics infrastructure to enhance interoperability with other core systems and align front, middle and back office functions. Senior management also wanted to improve risk control, reduce operational inefficiencies and optimise total cost of risk by streamlining processes, IT and operating models.
In this blog post, Quantifi breaks down the results from our recent survey on FRTB. Over 100 banking practitioners took part in the survey to measure opinion on how prepared their firms are for dealing with the impact of FRTB and their approach to addressing implementation challenges. Read More