DTCC’s FRTB Service has won “Best Compliance Solution” at the 2020 FTF News Technology Innovation Awards. FTF News made the announcement on its website.
The FRTB service leverages DTCC’s global data collection infrastructures to help banks with implementation of the risk factor modellability assessment framework under the Fundamental Review of the Trading Book – or FRTB.
The service enables banks to meet their “real” price criteria and effectively and efficiently perform critical RFET (Risk Factor Eligibility Test) for NMRF (Non-Modellable Risk Factors) stress tests.
The FRTB service covers all 5 derivatives asset classes and U.S.-based cash products, giving banks access to DTCC’s huge pool of high quality real-price data.
Click here to read more about the FRTB service.