S&P Global Market Intelligence Wins Best FRTB Solution in Regulation Asia Awards

We're delighted to announce that S&P Global Market Intelligence has been awarded Best FRTB Solution(opens in a new tab) in the 6th Regulation Asia Awards for Excellence 2023.

The Regulation Asia Awards for Excellence(opens in a new tab) recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry.

This award acknowledges the strides made by the Financial Risk Analytics(opens in a new tab) team as we help financial institutions to precisely measure and manage market risk in adherence to FRTB regulations, with advanced analytics and risk modeling.

The Traded Market Risk solution(opens in a new tab) earned recognition for its capacity to offer scalable and manageable approaches for all facets of FRTB requirements, covering both the standardized approach and the internal models approach.

The solution(opens in a new tab) empowers financial institutions to assess whether risk factors should be treated as non-modellable risk factors (NMRFs). It leverages our historical pricing market data to configure proxy rules and generate scenarios for IMA calculations. Additionally, it provides tools for swift access to FRTB SA calculations(opens in a new tab), capital allocation, and what-if analyses, alongside advanced graphing and visualization capabilities.

Mark Findlay, Managing Director and Global Head of Financial Risk Analytics, S&P Global Market Intelligence, commented "We're thrilled to receive this award from Regulation Asia, as it acknowledges the dedication and hard work we continue to invest in our FRTB product and partnering with our customers."

Jean Zottner, Traded Market Risk Product Manager, S&P Global Market Intelligence, said "Our tailor-made cloud-native FRTB modellability data and analytics solution has been instrumental in guiding our clients through the ever-evolving regulatory landscape within the dynamic market environment. We are thrilled that our commitment and expertise have been acknowledged by experts in the industry."

Learn more about the win here(opens in a new tab).

S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.