Officials at Millennium bcp say they are bolstering the financial services firm’s compliance with the Fundamental Review of the Trading Book (FRTB) and market risk management capabilities through a strategic partnership with Murex, a trading, risk management, and processing solutions provider. “Under this agreement, Millennium bcp will implement Murex’s MX.3 platform to strengthen its market… Read More >>
GoldenSource & McObject Focus on Faster Regulatory Requirements
GoldenSource, an enterprise data management (EDM) vendor, and McObject, maker of an ultra-low latency database system, are partnering to offer a regulatory technology platform that will support the high-speed demands of regulatory compliance. The collaboration has led to the integration of McObject’s low-latency eXtremeDB and GoldenSource’s Market Data Solution, officials say. McObject’s software and services… Read More >>
Banks Still Not Ready for FRTB Challenge
Although larger banks are making progress in laying the foundation for the Fundamental Review of the Trading Book (FRTB) requirements, there is still a lot of work to be done, according to a new study by London-based business management consultancy, InteDelta, sponsored by reference data vendor Asset Control. This may not come as a surprise… Read More >>
