VaR Survey: Fears over industry’s readiness for FRTB

A Fintegral survey of Value at Risk methodologies and frameworks at tier 1 banks suggests a lack of preparedness for the Fundamental Review of the Trading Book (FRTB).

Among the key findings:

  • Most respondents view data quality as a major concern for them
  • Institutions appear ill-prepared to meet the new requirements
  • There is resistance to any significant reorganisation of trading desks and the introduction of greater granularity

Click our VaR Industry Snapshot to read more.