Data vendors warn they are only partially able to offer answers to the steep capital requirements banks are due to face on fund-linked trades, when new trading book rules enter into force.
Regulators had been hoping third-party data would improve banks’ ability to model risks associated with these trades, thereby reducing capital charges. But vendors are finding the same problems sourcing data as the banks themselves.
“Regulators kept saying: ‘No, you’re not trying hard enough’,” says a senior
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.