Percentile ships FRTB calculator

Percentile, leading innovator in risk management and regtech, today announced the launch of RiskMine FRTB Standardised Calculator, a tool which allows banks to meet the key requirements of BCBS’s new market risk capital standards. The regulations, resulting from the Fundamental Review of the Trading Book (FRTB), are widely seen as the next major compliance challenge following MiFID II. Both the complexity and the timeframe of the regulations are set to become a major concern for financial institutions. Read more: finextra.com