Bloomberg works with banks on FRTB data pool

Pooling market risk factor data could cut capital requirements

big-data-image2
Into the blue: co-operation raises confidentiality concerns as banks are cautious about sharing data

Banks are considering pooling their data in an attempt to hold down trading book capital – an unprecedented step in the market risk space, which could create an opportunity for data vendors and others. Bloomberg is already working with the industry to sketch out how such a service might work, including the big hurdle of sharing information among rival banks.

"It started through multiple one-on-one client interactions, which were addressing the practical implementation of the Fundamental review

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here