Financial Firms Will Need Major Trading Risk Infrastructure Upgrades for FRTB Compliance

As financial institutions gear up to meet Fundamental Review of the Trading Book (FRTB) practices, many are facing a hard truth: Their trading-risk infrastructures are too underpowered to handle the data volume and processing demands of compliance. Among the necessary technology upgrades are additional computational and historical data storage capacity, scalable horsepower, continuous monitoring, and back-testing. This white paper explores how the Cloudera, Dell, and Intel partnership can help meet these challenges.