AWS for Industries

Richard Nicholson

Author: Richard Nicholson

Richard is a Principal Solution Architect in the Amazon Web Services (AWS) Financial Service EMEA business and market development team. Richard works on areas as diverse as front office risk system architectures and back office core mainframe migration. Prior to AWS, Richard spent 18 years in his own company focused on the development and use of runtime self-adaptive software systems across a diverse range of industries including Finance Services and Industrial IoT. An Astrophysicist by training, Richard entered the Financial Service industry in 1995, as an Infrastructure Systems Administrator for Salomon Brothers.

How cloud increases flexibility of trading risk infrastructure for FRTB compliance

The Basel Regulatory Framework strives for a strict boundary between financial institutions’ trading books and banking books to prevent regulatory arbitrage. The Trade Book element of these regulations (the Fundamental Review of the Trading Book or FRTB) seeks, in exchange for more rigorous risk modeling, to strengthen trade risk management allowing institutions to optimize the […]