S&P Global Market Intelligence Awarded Best FRTB Solution

Singapore/Hong Kong, 14 November 2023 – S&P Global Market Intelligence was awarded Best FRTB Solution in the 6th Regulation Asia Awards for Excellence 2023 at an in-person ceremony on 14 November 2023.  

This award recognises solutions that supports financial institutions in accurately measuring and managing market risk in compliance with FRTB regulations, including by leveraging advanced analytics and risk modelling techniques.  

S&P Global Market Intelligence’s Traded Market Risk solution was recognised for its ability to provide scalable and manageable approaches for all the different aspects of the FRTB requirements, including capabilities to help financial institutions understand if the standardised approach or the internal models approach is more suitable. 

The solution enables financial institutions to determine whether risk factors need to be treated as non-modellable risk factors (NMRFs) and can leverage S&P Global’s extensive historical pricing market data to configure proxy rules and generate scenarios to feed into IMA calculations. It also offers tools that provide quick access to FRTB SA calculations, capital allocation and what-if analyses, and has advanced graphing and visualisation capabilities. 

The Regulation Asia awards judging panel commended S&P Global Market Intelligence for delivering a “highly configurable, scalable and flexible solution” that “meets all the requirements” for FRTB compliance. “The solution’s sophistication and impressively fast calculation capabilities, on top of its expansive market data coverage, make this a best-in-class offering banks can use to meet the requirements of what is arguably one of the most complex regulations in the market today.” 

“We’re thrilled to receive this award from Regulation Asia, as it acknowledges the dedication and hard work we continue to invest in our FRTB product and partnering with our customers.” said Mark Findlay, Managing Director and Global Head of Financial Risk Analytics, S&P Global Market Intelligence. 

“Our tailor-made cloud-native FRTB modellability data and analytics solution has been instrumental in guiding our clients through the ever-evolving regulatory landscape within the dynamic market environment. We are thrilled that our commitment and expertise have been acknowledged by experts in the industry.” – Jean Zottner, Traded Market Risk Product Manager, S&P Global Market Intelligence. 

About the Regulation Asia Awards for Excellence 2023 

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.   

For a full list of the 2023 award winners, visit www.regulationasia.com/awards.  

About Regulation Asia 

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 12,000 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.  

Visit www.regulationasia.com or connect via LinkedIn or Twitter.  

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