Wolters Kluwer Financial Services

A-Team Group, September 2010 - Regulators Focusing on Data Sharing Cross Border, Says FRSGlobal’s Blair-Ford

On a global scale, Basel III is also on the horizon with its redefinition of regulatory capital, which is in line with Dodd-Frank Act. As Blair-Ford notes, counterparty credit risk will be determined using stressed inputs and will be subject to a new level of risk weighting for certain assets, thus adding to the data gathering exercise.

For its part, FRSGlobal has been pitching its Datamart solution as a source of clean and validated data acquired from firms’ multiple internal source systems. The solution purports to structure this data into a suitable format for regulatory reporting and risk management purposes, such as stress testing for external and internal management information system (MIS) reports. The vendor also highlights its dashboard capabilities to be able to provide this data at a glance to users, which it added in July this year.

Read the full article here, courtesy of A-Team Group (subscription required) »