FRTB is set to revolutionise current market risk practices, placing emphasis on the coordination of operational, risk and data management processes as well as systems and technology. To best respond to these new demands, banks need to make the right strategic and technology decisions and assess the impact on operations and processes across risk, front office, finance and IT.
“With Quantifi now live for market risk, OeKB has a consolidated view of credit and market risk within a single integrated solution. Quantifi is a strategic part of the I.T. infrastructure at OeKB.” Stefan Strehle, Director, Treasury, OeKB
Quantifi, OTC Partners and BlackRock hosted a webinar ‘Identifying Liquidity Risk for Financial Stability.’ The 108 delegates that took part in the webinar were surveyed on the how they manage liquidity risk and the challenges faced.
New challenges in the financial markets driven by changes in market structure, regulations and accounting rules like Basel III, EMIR, Dodd Frank, MiFID II, Solvency II, IFRS 13, IRFS 9 and FRTB have increased demand for higher performance risk and analytics. Problems like XVA require orders of magnitude more calculations for accurate results. This demand for higher performance has put a focus on how to get the most out of the latest generation of hardware.
To support its complex cross-asset portfolios and diverse investment strategies, NZSF wanted to optimise its front-office and risk management practices. NZSF’s goal was to achieve a unified view across multiple asset classes in order to increase diversification and transparency into investment performance and risk characteristics. Following a rigorous selection process involving several risk technology providers, NZSF chose Quantifi.
Quantifi Version 15 (V15) leverages the latest technology and introduces a broad range of enhancements and support for the latest regulatory requirements, including expanded product coverage, advanced data management and next generation analytics. With over 100 new features, this release is designed to further enhance front-to-middle performance, transparency and scalability.