AWS for Industries
Author: Sumon Samanta
Sumon Samanta is a Senior Specialist Architect for Global Financial Services at AWS. Previously, he worked as a Quantitative Developer at several investment banks to develop pricing and risk systems.
Post Processing Capital Market and Insurance Grid output data in AWS
The computing needs of capital market and insurance firms have evolved with regulatory regimes requiring firms to develop more complex models that run more frequently and provide transparency. In response, firms are creating more complex models that require greater compute capacity. As financial institutions run their grid workloads on AWS, two core aspects stand out […]
How to improve FRTB’s Internal Model Approach implementation using Apache Spark and Amazon EMR
The Fundamental Review of the Trading Book (FRTB) is a set of proposals by the Basel Committee on Banking Supervision for market risk capital calculation for banks. This new set of rules (often referred to as “Basel IV”) is intended to create a more resilient market and capture risk adequately for stressed market conditions. It […]