AWS for Industries
Tag: regulation
UK regime for critical third parties and its impact on financial services customers
As the proposed regime for critical third parties (CTPs) to the UK financial services sector continues to progress, financial institutions are interested in assessing and understanding the impact that working with a designated CTP will have on their reporting requirements and regulatory expectations around operational resilience. The Financial Services and Markets Act 2023 allows HM […]
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 […]