Frtb

S&P Global Market Intelligence’s ⁤Platform Honored‍ as Regulatory Capital Calculation Product of ⁣the Year

S&P Global Market Intelligence has been ⁣recognized‍ for ‍its innovative Traded‍ Market Risk Solution, earning the title of Regulatory Capital Calculation Product of the Year. The⁣ platform addresses ‍the complexities‍ of the Fundamental Review of the Trading Book (FRTB)⁣ adn provides‍ a extensive solution for banks navigating evolving regulatory landscapes.

the solution offers a complete view of ‌capital requirements, both across individual trading ⁢desks and at ⁣the ‌group level. A key feature is its ⁣drill-down‌ analytical capability, seamlessly integrated with existing pricing and risk⁢ infrastructures. This allows for​ comparative analyses between the ‌Standardised approach (SA)⁤ and ⁤the Internal Models Approach (IMA), fostering clarity⁣ regarding capital drivers ‍and enabling more‌ informed decision-making.

Recognizing the increasing reliance on SA, either fully or in hybrid models, S&P ⁢Global⁢ Market Intelligence has expanded its offerings with a dedicated SA module for banks not‌ pursuing IMA approval.This expansion complements ‌the continued​ deepening of its datasets, now featuring enhanced real-price observations ⁢across a broad range of asset classes including interest rates, ⁢credit, equity, foreign exchange, and fixed income derivatives.

Built on a cloud-native design with ‍an submission programming interface-first architecture, the platform‌ prioritizes ease of‌ integration with ‍clients’ existing systems, minimizing implementation costs and disruption. This architecture also allows S&P Global Market ⁣Intelligence too rapidly adapt to regulatory changes and varying interpretations across jurisdictions.

The ⁢product further ‍streamlines ⁣capital calculation efforts by aligning overlapping frameworks such‌ as FRTB expected shortfall, historical value-at-risk, and the standard initial margin model.This synergy delivers⁤ cost and operational efficiencies, crucial for banks managing risk across ⁣multiple departments. Notably, ‌the‌ platform’s credibility is underscored by ⁣its ‍adoption by regulators⁤ themselves, utilizing S&P Global Market Intelligence’s modellability service.

Beyond compliance, the platform facilitates constructive​ dialog between banks and supervisors. Institutions are leveraging ⁤the solution to examine the upstream data and ‌modelling choices impacting their capital positions, preparing for more evidence-based‍ regulatory discussions and a clearer understanding‍ of how modelling decisions effect outcomes.

Alberto Micucci, head of sell-side risk solutions​ at S&P Global Market Intelligence, expressed his delight at receiving the award, stating, “This recognition highlights our ⁢Traded Market Risk​ Solution’s⁣ effectiveness in meeting the stringent requirements of FRTB ⁣and our dedication to ‍adaptability in ⁢changing regulatory environments.” He ⁤further emphasized the platform’s ⁣reliability and accuracy,‍ noting its increasing ‍use by regulators as a testament to​ its robustness and market ⁤relevance.”we aim to empower financial institutions to make informed ⁤decisions and engage effectively with supervisors,” Micucci concluded.