Ebook

Readying for the Fundamental Review of the Trading Book

Readying for the Fundamental Review of the Trading Book

Pages 4 Pages

The Fundamental Review of the Trading Book (FRTB) mandates stricter risk calculations, shifting from Value at Risk (VaR) to Expected Shortfall (ES), potentially increasing capital requirements by 22%. To comply, banks must manage vast volumes of historical data, perform intensive computations, and maintain strict governance. Cloudera helps financial institutions—82 of the top 100 global banks—meet these demands with scalable infrastructure, hybrid cloud support, and robust data lineage. The platform supports both standardized and internal models, enabling efficient model validation, back-testing, and regulatory reporting for FRTB compliance.

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