In this video, Bruno Castor, Head of Market Risk at Murex explains the importance of a holistic approach when dealing with regulations.
Financial institutions can avoid the considerable cost of computing and aggregating the same data multiple times if they approach regulations holistically. In addition, significant synergies can be achieved when systems are designed in a way that makes data available to comply with different regulations.
With a firm risk framework foundation in place, trading costs can subsequently be passed up the chain to the trading portfolios. Watch this video to hear Bruno Castor elaborate on these implementation synergies.