Regulatory Challenges.
Risk management has entered a new era. Oversight groups are required to comply with an increasingly frequent and disruptive set of regulatory mandates while continuing to execute the unique risk management practices of their institution.
Basel initiatives such as the Standard Approach to Counterparty Credit Risk (SA-CCR, rule 279) and the Fundamental Review of the Trading Book (FRTB, rule d352) both require extensive improvements to risk operations and technology. Success today requires a combination of robust analytics and flexible technology.