FRTB: a question of strategy for US banks
As pieces of the FRTB puzzle fall into place, the SMA/IMA model methodology reshuffle raises new questions for US banks hoping to heed the lessons from their FRTB forerunners in Europe and beyond. In this paper, Risk.net explores the global implementation landscape and its state of play today, identifying where the key questions persist, the gaps in data stacks and analytics to fill, and the growing consensus around FRTB’s outsized influence – not only as a transformational programme in its own right, but as a marker for future regulatory design.
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